OVERRATED: Explaining Fundamental & Advanced Property Topics

[@triplea007]

I've had insurances that I never use even after tenant damage because if I make any single claim, they all go up by 25% and that costs me thousands. It's only worth using for major damage (like a fire) but not for anything else. I always felt there had to be a better way to structure my policies and your tip on maximising the gaps finally made that click. Thank you!

[@phuchoangnguyen4604]

That's very helpful thanks @triplea007 I just bought an investment property in the Brown Plains / Regents Park suburb. Will definitely think about the excess amount when I buy the insurance

[@douglaspaulsilva]

Hey Luke, would you mind sharing what insurance company do you use for your investments properties? I checked mine and difference between my current $1000 excess and $5000 is only $200. Not worth it in my opinion.

[@lukewiles1]

@@douglaspaulsilva nrma and budget direct

[@waynekettles5480]

Hey Luke. Do you have any recommendations for a good Brisbane tax accountant that specialises in property?