Before buying a property, every investor will look at what bang for their buck the property will give them. This means they will look at a property’s current return of investment (ROI) and yield. ROI (sometimes known as total return yield) ROI is a comparison of how much you make from a property compared to.
To protect your asset, landlord insurance is a must. We strongly recommend you use a specialist landlord insurance provider because many general insurance providers offering cover for landlords may not provide sufficient cover. While we don’t believe you should scrimp on insurance cover, (click here to read our guide of what you need to consider.
Whether you’re upsizing, downsizing or investing, the chances are, you’ll be looking at a variety of properties. But do you know your terrace from your townhouse? Explaining the differences between types of property can be bit like explaining the rules of cricket to a foreigner! There are 10 different classes of building under the Building.
There are a lot of tips and hacks of what to fix up before you put your property on the market, and rightly so; as a seller, you want to spend your time and dollars on upgrades which will add value to the sale price. However, a full renovation is an expensive job, and the.
The general rule of thumb is, once you have an investment property, you shouldn’t sell it. But if you are in a position where you have to sell, should you sell to your tenants? From a tenant’s point of view, they may already be thinking of buying a house, and if they like your property,.
Whether you’re a home owner or you’re renting a property, you want a property to perfect for your needs. And we all have different needs. A family will generally want a larger property, and in a good school catchment area. A professional couple however may well be after a smaller apartment, with nightlife and other.
With property reaching record prices, some property investors may be reviewing their finances and thinking about selling. Unfortunately, one of life’s certainties is tax, and if you’re thinking of selling your investment property, while the sales figures may look tempting, the tax on the capital gains might not be so inviting. Capital Gains Tax (CGT),.
Here are our five reasons why we believe property should be in your financial plans this year: You need more than one income stream With the job losses and business closures, one thing the pandemic has taught us is, you need more than one stream of income. A passive income from an investment property can.