The Informed Investor: How to protect yourself when renting or leasing a property

 

You hear the stories so often.

 

Another landlord is left thousands of dollars out of pocket due to the bad behaviour of tenants.

 

Sometimes it’s as simple as not being able to find someone to rent their property, leaving the landlord left to pay the bills without any rental income.

 

Without any money coming in, it can be a very expensive exercise – but there are ways to protect yourself.

 

26% of Australia’s population are renters, so knowing and understanding the rules and regulations surrounding rental properties is vital to ensure you don’t get caught short.

 

Steve Price speaks to Carolyn Parrella, Executive Manager at Terri Scheer, Australia’s leading landlord insurance specialist, to get the best tips to ensure the best outcome for your rental property.