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.
Short-term lettings are under the spotlight again following changes to the State’s short-term letting laws. The new rules aim to address impacts such as noise levels, disruptive guests and effects on shared neighbourhood amenities. Strata owner corporations now have the power to introduce by-laws prohibiting the short-term letting of houses or apartments in their block.
If you’re new to property investment, it’s very easy to sit back and think “now I’ve bought the investment property, I can watch the money roll in”. And indeed you can, but for new landlords, it’s worth noting there are some things you need to keep on top of so the money does continue to.