Taking your first steps on the property investment ladder? Or perhaps you’re reviewing finances to make sure you’re getting the best bang for your buck. We don’t believe you should scrimp on insurance cover, but we do believe in shopping around, comparing prices and checking out special offers. Which is why we thought we’d save.
While there is talk of a depressed market, and some people are holding back, we believe a smart investor knows that the perfect time to buy is when others are not….. The canny investor can find themselves some good bargains if they think a little bit laterally and think beyond the usual four walls and.
We believe landlord insurance is an absolute must when it comes to your investment property and its worth doing your homework and checking what is and isn’t covered, the amount covered and what your excesses are. Some insurance companies offer a combination of both home and landlord cover, but they may not provide adequate cover.
Commercial property does offer some fantastic investment opportunities, and we know investors who diversify their portfolio by investing in both residential and commercial. Tenants and landlords of commercial properties are governed by the Retail Leases Act 1994 and while some aspects of both types of lease are pretty much standard, (such as the term of.
A room for let in a Sydney house has recently hit international headlines when the landlord stated it was for shift workers and tenants were required to ‘bed-hop’ and there was what appeared to be the house rules scrawled on the wall and a number above the bed! There’s a little bit more to being.
Granny flats are rapidly increasing in popularity as they offer a diverse and affordable housing solution with two main benefits: Additional income Whether you are building onto your residential property, or on your investment property, a granny flat is a great source of additional income. What you will need to consider though is whether the.
Some say, once you have bought a property for an investment, you should never sell it. However, like everything in property investment, or any other types of investing for that matter, there is no hard and fast rule. When to sell an investment property will vary according to goals, and of course, personal circumstances. People.
Whether you have an investment property portfolio or you’re thinking about using property as an investment strategy to help you achieve your long-term financial goals, it’s always good to remember some fundamentals about this type of investment. Long-term investment Unless you are exceptionally good at renovating and remodelling and you have an excellent eye for.
When we think of an investment property, we usually think of residential. Many people don’t even consider looking at, let alone owning, a commercial property. Commercial property does come with some great positives; there is potential for higher returns and there are often fewer outgoings. However, while commercial is often cheaper than residential property, you.
Installing skylights to increase the light, enhancing out-door living space, knocking down walls…. these are all major renovations which can potentially add value and increase rental returns. However, if you’re thinking beyond the usual lick of paint and new carpet to rejuvenate your investment property, there are some key points you need to consider when.