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.

One question we frequently are asked is what is best for investment purposes, a new build or older, existing property? Well, it depends…….. As with property, or any investment for that matter, there are a lot of variables and there are several facts to consider personal to your situation – your budget being one of.

Property has long been the great Australian Dream, and for many it’s moved on from simply owning their own home; bricks and mortar are now seen as a great investment opportunity. Whether you are at the start of your property investment journey, or you already own a second property or have a portfolio, we believe.

What’s your goal? Fame? Travel? Write a best seller? Financial freedom? Having goals give us something to aim for in life. Think of the analogy of someone being given a bow and arrow, and being told to shoot the arrow….. quite possibly the first question will be, at what or where is the target? If.

Garden gnomes, tacky chandeliers, tasteless wallpaper or a wild garden? What are the biggest property turnoffs for potential buyers when looking round a property? A nationwide survey* carried out by financial comparison site Mozo discovered it wasn’t necessarily the décor which turned off potential buyers. No parking, mould and lack of natural light were actually.

With its music festivals, supercars, and great food, wine and scenic experiences Newcastle is now on the tourist radar as a hotspot of exciting events and great activities. Some property investors might be tempted to forget about long-term rentals and go for a short-term holiday let via some of the online booking services. However, there.