Our experience with KingsCoin has been incredibly positive. The team pride themselves on honesty and transparency, work with integrity and are just genuinely nice guys - a combination hard to find these days!
Our vision is to support millions of Australian landlords just like you with empowering and easy Property Management to create wealth, so you can live your dreams whilst leaving a legacy for your next generation.
We are wealth generators and legacy creators. We do this by supporting our investors success and being successful investors ourselves.
Our mission is to help you gain financial freedom for you and your family. To do this we provide the best full service and stress free Property Management in Australia to protect and enhance your Property Portfolio and peace of mind.
From our rent guarantee to our first two months money back guarantee you can be sure that we are dedicated to our mission to protect and enhance your property portfolio.
Our experience with KingsCoin has been incredibly positive. The team pride themselves on honesty and transparency, work with integrity and are just genuinely nice guys - a combination hard to find these days!
We have experience many agents in the past and I can confidently say that all of the team at KingsCoin are an absolute pleasure to deal with - friendly, reliable, approachable and easy to communicate with. We could not recommend them more highly.
Creating and maintaining open and trustworthy relationships with our clients, partners, staff, suppliers, investors and the local community underpins every facet of our business. When we welcome you to the KingsCoin family, we aim to build a mutually beneficial, respectful relationship that lasts.
We pride ourselves on always acting with integrity and taking responsibility for our actions. Transparency is paramount so that everyone understands the plan, the process and the ramifications. Our word is our bond - if we stuff up, we own up and fix it. Every failure is an opportunity to learn and to grow.
We understand the hard work and sacrifice it takes to be great. We are prepared to put in the hard yards, the 10,000 hours, to achieve our goals.
Our logo is a square peg in a round hole, we push to overcome the challenges and make the peg fit.
When you work with KingsCoin, you harness a wealth of experience which
we promise to apply to your property to maximise your return.
We always have your best interests at heart. This means we seek well qualified tenants who will not only deliver a steady rental income, but also maintain your property over time. We take the initiative to remove tenants who default on payments or cause damage.
Our success is closely tied to yours. Helping you, our investors build your portfolio is at the heart of what we do. With proven strategies, identify new opportunities and rigorously investigate the validity and feasibility of your future investments to ensure maximum capital gain.
Our fee structure is transparent and simple. When you get paid, we get paid.
If there are any issues, let us know and we can resolve them.
We are here for you, so let's work together.
We are committed to long term ROI growth for your portfolio. This means we are proactive in identifying areas for improvement, such as renovations, extensions or new developments, to drive optimal profit without the need for market capital appreciation.
Getting the best income is a matter of having quality tenants. Investing some time in the right checks and references to get the best tenant is imperative. A good tenant will look after the property and pay their rent in a timely manner.
Making sure that maintenance is followed up and not increasing rent too aggressively will ensure the tenants remain over the medium to long term.
As property developers as well as managers, we are experts in identifying under-capitalised suburbs and broader growth trends resulting in new opportunities to deliver maximum growth for our investors.
KingsCoin will keep a constant ear to the ground for you in the property market.
We are a Property Management and Airbnb Management Company. We manage both short term rentals also known as vacation rentals through various online sharing platforms, however primarily through Airbnb and we manage long term traditionally tenanted rentals.
We are property investors ourselves and have worked closely with various property developers in supporting them on projects and finding buyers. We also offer project management, construction management, and property investment strategy services.
KingsCoin was founded in 2011 by Managing Director John Higginson. Since then the team has continued to go from strength to strength by focusing on their valued investors and treasured tenants and always ensuring a win win for all.
Our fees are fixed and we have no set up fees in any respect, unlike other Property Management companies.
Our Property Management fee for long term rentals is 7.7% flat, with no hidden charges. We only get paid when you do. When choosing a brand new tenant a leasing fee is applicable charged at the equivalent of 2 weeks rent.
Our Airbnb Property Management fee for short term rentals is 15% flat, with no hidden charges and no set up fees. Again we work on a commission basis so will only get paid as you receive income.
Yes for long term rentals. No for short term rentals.
We want the whole process to be simple and for you to feel totally confident that things are simply being taken care of.
That's why we guarantee your rent. If the tenant fails to pay, we will pay your rent out of our own pocket.
Terms and Conditions apply including the below;
We use several different companies with whom we have relationships with depending entirely on your needs. When partnering with a property maintenance company, we consider costs, quality of work, timing and the on-going relationship.
We ensure that our tradesmen understand the needs of landlords and we also ensure we are not sending out tradesmen for simple jobs that we or the tenant can easily remedy.
If your property is being managed by KingsCoin, and is without a tenant for an extended period of time, we will act to resolve this issue. We will analyse the market, as well as look at your property to identify any barriers.
Sometimes it may be that the marketing is poor and is not attracting enquiries. Your rental charges may be high in comparison to similar properties in your area.We look to position your property as being valuable to a prospective tenant.
As part of this, we seek feedback from people who have come to view the property to help identify what they are seeking and how we can improve the property in order to secure tenancy.
The KingsCoin team manage just over 300 long term rentals and over 60 short term rentals nationwide.
The financial benefits of owning an investment property is that you have your tenant paying off the property for you. Over the long-term, you will not only own your property, but the re-sell value is likely to increase as well.
At this point, the property either continues to generate you a regular income or you can sell it and pocket the profits. Consider it one of your best savings accounts!
Property investment also allows you to leverage your wealth. If you've got $50,000 and you go and buy shares, you're buying $50,000 worth of shares. In property investment, if you've got $50,000, you can buy a $400,000 asset. At five percent increase in the value on a $400,000 asset is far greater than a five percent increase $50,000 asset for the same amount of actual equity investment.
Aside from negative gearing, there is another way to lower your income tax through property investment. It is done by using the depreciation of a property as an offset to your income tax.
As an example, if your rental income is $20,000 per annum, while your mortgage repayments are $19,000, you're making $1,000 profit. But by depreciating the value of that property by $10,000 per annum, you're actually making what's seen as a loss of $9,000.
That loss you offset it against your income tax. Most of that depreciation comes in the first five years or so, so typically this strategy is more successfully applied to a new property.
However, please note depreciation is a tax deferral, not a rebate. This means when you sell the property, you've got to pay that money back to the ATO.
Positive gearing occurs when your property is earning you an income from the rent you charge.
Negative gearing occurs when the cost of owning a property outweighs the income it generates each year. This creates a taxable loss, which can normally be offset against other income including your wage or salary, to provide tax savings.
Yes, we recommend you do. KingsCoin can offer our experience to help you find the right broker. Not all companies are created equal across the board. Some brokers are good for certain types of products only. KingsCoin advises our clients to use a mortgage broker rather than going directly to a bank.
This is because a good mortgage broker will know which banks to put your application in front of based on again the bank’s eagerness to do business, the costs involved and interest charged. Mortgage brokers are paid by the bank.
KingsCoin can help to find you a trusted brokers who will place your financial well-being ahead of their fees so you can find the best mortgage to invest with.