It is no secret that property can be a proven method of creating and accumulating wealth over time. You may already own your own home, or a portfolio of investment properties, so how is it possible to make that transition from property investor to property developer and create additional value throughout the process? Land: The
Refinancing is not quite as simple as changing loans or lenders. It’s a complex process so it’s extremely important to carefully consider what’s important to you and thoroughly evaluate your current financial situation as well as your medium- to long-term goals. Having an experienced mortgage broker will go a long way to making you feel
There has been ample press of late about the plight of Australian first home buyers, and their struggle to make property ownership a reality. With so many fundamentals underpinning the East Coast’s house price surge, first home buyers are more than ever, having to get creative to secure their first home. So what solutions exist
When selling your home, there are a number of controllable factors which can positively influence your sale price, such as cleaning, maintenance and good marketing. However, sometimes people forget that other market conditions can have a significant impact on the final sale price. Economic climate With an economy in a growth phase, wages and income
A happy tenant means a happy landlord (and a happy property manager!). Maintaining a good relationship with tenants is not always easy, but it causes much less hassle than finding new tenants or dealing with troublesome tenants down the track. Most people would rather put in a bit of effort up front than have consistently
We have some important news (albeit slightly boring… bear with us). This year’s federal budget saw amendments proposed regarding plant and equipment deductions in residential property investments. As at 15th November 2017, the legislation has been passed and all proposed changes are now in full effect. That means if you’re a property investor, you need
If your property is sitting vacant, as an investor, you are missing out on valuable income. We’ve put together a list of the most common reasons properties don’t rent (and how you can fix them). The price is not right It’s important to remember that you can’t beat the market. If you price inaccurately, you
Australian housing affordability has become a popular and highly speculative discussion topic recently, with housing prices in most Australian capitals soaring over the last couple of years. In particular, Sydney house prices have increased by 70% in the last 5 years. Melbourne is not too far behind with a 40% price growth in the same
One of the biggest risks when renovating a property is overcapitalising; i.e. when the money you spend on improvements is more than the value those improvements will add to the home. This can result in needing to hold onto the property for much longer to realise a gain. Here are some strategies to keep in
Real estate investors all have one big thing in common – they purchase property. Other than that, property investors as a group don’t have many commonalities. Property investment can be quite diverse. Do you invest in residential or commercial property? An inner-city apartment or a rural home? Or even a big block of land to