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When you're buying a rental property, it seems like a great idea. You'll build equity in the property and then turn around and rent it out to make money. It's a win-win situation: You get rich in no time flat! But there's one little snag—renting out your investment property by Rental Property Management in Christchurch expert takes money too. If you don't have enough funds set aside for maintenance costs, you could be stuck with an unprofitable rental or even lose the entire building altogether if something major goes wrong. So how much should investors save for these costs? Let me break down what these expenses are specifically so that you can answer this question for yourself.   Rental Property Maintenance Costs It can be difficult to calculate how much you should save for maintenance costs, but there are some tried and true methods that will help. The first step is to estimate the costs of repairs and improvements for your rental property during its first ...

When you're in the market to buy or sell, it's crucial to understand your real property's value. Otherwise, you could end up losing out on thousands of dollars at closing. If that's not enough reason to get a Property Valuation in Christchurch , here are three more reasons why you should make sure your home is properly valued before putting it on the market and why you should have one done before buying a new home too. IF YOU ARE LOOKING TO REFINANCE YOUR MORTGAGE If you are thinking about refinancing your mortgage, then there are a few things that you should know before you sign on the dotted line. One of the first things to consider is getting a Property Valuation in Christchurch done by an expert in the field. A professional will not only help you determine if refinancing is right for your situation but also give you an accurate property value which can help when it comes time to sell your home.  Plus, we have all of the information and resources that you need ...