Rent a room, the whole house or renovate to sell at a profit? There are several strategies to look at when it comes to investing in property. In very simplistic terms, when we’re looking at residential property investment there are two property investment strategies: Buy a property, improve it, sell it for more than you.
We’re always been told of a check list of what to look for in an investment property, however there are some things which property investors should try to avoid. Bad locations We are often talking about what makes a desirable location for a property investment, but what about the ones you should avoid? Here are.
Like any forms of investing, property investment does come with its own risks and challenges, and for some, with it comes doubts about whether it’s something they should venture into. Well, think of the old adage, nothing ventured, nothing gained. Whether its money for kids education or wanting to retire early, property has helped many.
One question we are often asked by landlords is, when’s a good time to raise the rent? Landlords do need to increase rent over time, just to keep up with the level of inflation and cost of living, as well as, of course, to give a bit of extra cash in the back pocket! When.
When it comes to repairs, maintenance, or improvements, as a landlord there are certain things you have to do, there are some things you should do and there are always things you want to do! Repairs and maintenance aren’t always just about keeping your tenant happy or about rental return – being on top of.
While some people do choose to self-manage their properties, employing the services of a property manager does make life a lot easier. These are just some of the things a good property manager does to ensure your property investment isn’t just cared for, but your experience is a good one: Know federal, state, and local.
October is Australia’s Breast Cancer Awareness Month and throughout October we are proudly supporting Cancer Council’s pink ribbon campaign by selling pink ribbon merchandise and raffle tickets. This year our raffle has a fantastic top prize, worth $2190, up for grabs: 7 nights accommodation in beautiful Nelson Bay! Perfectly located, this stunning townhouse is just.
There is a bit of excitement in the air at the moment….. property investors have been taking advantage of the record low interest rates; according to the Australian Bureau of Statistics (ABS), lending to property investors increased 5.7 % in August, to $4.88 billion. The large jump was much greater than the 3 % predicted.