Having pest and building inspections are not essential when applying for finances, however, these inspections will help you know what you’re buying. Think about it. When you buy a car, generally, you take it for a test drive and you may even have a mechanic look it over before you buy the vehicle. You want.
With phrases like negative gearing and capital gains, the world of property investment can be daunting to those who aren’t familiar with the terminology and jargon. But it needn’t be that way! We’re always keen to keep your property experience as straightforward and uncomplicated as possible, so here’s our plain English guide to some commonly.
Women are retiring with around half as much superannuation (53%) as men, according to recent research by the Australian Services Union in collaboration with think tank Per Capita. This is probably the reason why more women are including property investment in their retirement and wealth creation strategies. Nearly half (47%) of Australians who own investment.
We are often asked, how do we find good, long-term tenants’? Like everything, there is no one easy answer and there are several factors that come into play. Yes, as a property manager, we do have access to screening tools such as employment verification, contacting previous landlords, and using a tenant database to ensure you.
With interest rates at such a low, sticking your money into a savings account isn’t reaping the rewards it used to. Even the long-term savings accounts aren’t offering great returns. So where do you invest? Shares? These can be difficult to understand and in a volatile market, they can be unpredictable. This is why many.
Contrary to the image a property investor might conjure up — a wealthy full-time property speculator — most residential investors in Australia don’t actually rely on it as their primary source of income, says Maria Yanotti, a lecturer of economics and finance at the Tasmanian School of Business and Economics at the University of Tasmania..
Owning a free-standing home in the suburbs has always been the Great Australian Dream, but according to a white paper from Mortgage Choice in conjunction with research firm Core Logic Data, 70 per cent said ‘there is a need to imagine a new Australian dream that is more in line with reality’. Mortgage choice suggests.
Many people are put off investing in property because they don’t really know how it works and they don’t know where to start to find out more about it. Investing in property is a long-term commitment and you do want to know you’ve got it right. A good starting point is speaking to trusted friends.