Newcastle is expanding and is rapidly becoming an area of choice for property investors – particularly as the Sydney market is out of many people’s reach. There are some great investment properties on the market and more land is being opened up. Interest rates are still low, the economy is stable and annual capital growth.
There doesn’t seem to be a week go by without conflicting reports of a predicted property boom or bust. The truth is property values do follow a cycle – values rise, remain steady or even decline during certain phases of the cycle. And very often, while one area appears to be cooling or on the.
For those who have several properties, one investment strategy that has been touted around for a while now is releasing capital and living off the equity. The strategy works on the principle of you borrowing against one of the properties and you use that loan to live off. In the meantime, your property portfolio continues.
When a tenant vacates a property, be it voluntarily or through eviction, they are legally required to take all their belongings with them. However, sometimes this doesn’t always happen and the landlord maybe left with furniture or other items on their property. So where does the landlord stand legally and what should you do with.
Depending on your circumstances, there are many ways to invest in or make a living from property. Here are a few strategies to consider. Own a home Many people don’t see their home as an investment strategy – after all, you need somewhere to live don’t you? You’re paying a mortgage and you’re not generating.
Ten years ago, when people spoke about ‘the cloud’ they generally were referring to the fluffy white things we see in the sky. The social media platforms Facebook and Twitter were in their infancy and no one had heard of Instagram or Snapchat. We had to watch television programmes when they were broadcast and head.
Selecting the right loan for your property investment will depend on what your investment strategy is and what is available to you depending on your financial situation. However, with so many different loans available, knowing which one is right for you may be a difficult decision if you don’t understand how they work. Here are.
With the financial year-end behind us, now is the ideal time to get organised and make a few new financial year resolutions to get you on your way to reaching your financial goals. Regularly review your finances It’s always good to review your finances from time to time so this year, put a note.