Knowing how property investment works is essential, but knowing what to avoid is also key to success. Whether you’re new to property, or a seasoned investor, here are some common mistakes to avoid. Not doing research or due diligence Property does offer some great investment and wealth creation opportunities – but only if you’ve done.

While some think investing in off-the-plan properties is a complex and risky strategy, there are some substantial benefits and rewards to be had. Key to investing in off-the-plan properties is understanding how the process works and what you need to consider. Read on to find out more! Benefits of off-the-plan properties Depreciation As off-the-plan properties.

Many people dream of being the next big property investor – what’s not to like about having a passive income while you kick back and reap the rewards? But buying a property for investment purposes is different to buying one for a home to live in, and it does take a bit more than just.

Tax is one of life certainties, and like every business, investing in property comes with tax obligations. Understanding these types of taxes will ensure that you not only account for them, but potentially you can take advantage of the various exemptions and deductions they offer. Here are the four types of tax you will need.

With property prices increasing, some investors may be tempted to sell their property. However, the money you get in your back pocket may not be as much as you may think; as well as the costs associated with selling the property, investors will need to factor in Capital Gains Tax (CGT). CGT is the tax.

Construction costs have risen substantially over the past three years – indeed the builders’ index recorded a staggering 12 percent inflation rate. Previous to this construction costs typically rise at an approximate rate of 5% per year. One of the major cost culprits is the price of timber; this has increased by as much as.

Purchasing a property for an investment is very different from purchasing a property for you to live in. It does take some careful planning and research, and the first step to buying an investment property is knowing what makes a good one. Here are four aspects you need to consider when searching for the right.

When people are looking for a rental property, they will first look within a certain area, and within their budget. They will look also for a particular type of property and the number of bedrooms. But what then? The filters on a rental search can give an insight into what tenants are looking really for,.

No investor buys a rental property to have it sit empty…   The key to a good investment property is to make it as desirable as possible so tenants want to live there, and once they are there, they want to stay there; if circumstances change for them, and they do leave, you need to.

Maintenance, damage, pest control… when it comes to who’s responsible for what, there may be some grey areas. Here we take a look at what you can do to avoid a potentially messy (and costly) rental situation. The garden The tenancy agreement must state who is responsible for the upkeep of a garden. Generally, unless.