Towards the end of last year, we highlighted what to avoid doing in property investment with our 7 mistakes property investors make article. With interest in property investment still strong, and more people thinking about using property to reach their long-term financial goals, here are 7 more mistakes real estate investors need to avoid: Over.
With interest rates at a record low of 0.1 % and the big banks offering fixed-mortgage rates of less than 2 %, it’s not surprising investors are taking advantage of the current economic climate and looking at how to get the best bang for their buck. But if you’re new to the game, where should.
Creating wealth from property is long term, and it doesn’t necessarily rely on how much immediate cash is in your back pocket. The secret to creating wealth from property is understanding the process and how to maximise your assets. If you are serious about using property to reach your financial goals, here are 7 principles.
With the Insurance Council of Australia (ICA) declaring the recent flooding on the New South Wales’ mid-north-coast a catastrophe, home and/or property insurance is once again in the spotlight. One of the many questions property owners should ask when reviewing their property insurance is, what actually does their insurance provider define as a flood? After.
From start-ups and investment bonds to gold and cash investments, when it comes to different types of investment opportunities, we’re not short of choice in Australia! Depending on what your short and long-term financial aims are, probably two of the most common investment options many of us consider are property and shares. Yes, we know.
From smoke alarms requirements and pool safety to discrimination and animals, real estate and property management does come with a few rules and regulations. It is not a legal requirement to use a property manager and landlords do have the option to self-manage, in fact, according to the Real Estate Institute of Australia (REIA), property.
Are you too busy working to make money? We are all guilty of saying ‘I’ll get round to it’, and three years later, that box of junk at the back of the garage is still waiting to be sorted….. Work/life balance isn’t always easy; there are bills to pay, a family to entertain and a.
If the thought of paperwork makes you shudder, you’re not alone! We’re all guilty of shoving the paperwork in a drawer and putting it on a ‘to do’ list. From rental applications, invoices and receipts, to leases and inspection checklists, paperwork is quite possibly one of the most tedious part of the rental process. However,.
The latest lending figures from the Australian Bureau of Statistics show the value of new loan commitments to investors rose 9.4 per cent. This is a 22.7 per cent rise through the year. What’s more, this growth has been particularly strong in New South Wales, with the ABS charting the 6.7 per cent rise in.
Committing your investment property to a tenancy with what essentially is a stranger may seem a daunting prospect, but the trick is to find the ‘perfect stranger’ to sign on the tenancy agreement dotted line. Credit checking and referencing are essential parts of finding your perfect tenant, but asking the right questions and looking the.
