An investment property is a business, so it is important to manage it properly in order to achieve financial success. One of the first decisions you'll need to make is whether to manage it yourself or hire a property manager. If you're the hands-on type of business owner, managing the investment property yourself may work [...]
To rent or buy? For some, renting makes good financial sense. For others, it's just money down the drain. For you it may be a question of short-term convenience versus long-term financial growth, which can make it a difficult decision to make. In this article, we break down the pros and cons of renting and [...]
Are you thinking about buying a home and wondering how you'll cover the mortgage repayments and still have a life? Remember Cousin Jimmy mentioning he was looking for a new pad? Sure, he's a little "unusual" with his back-scratcher collection and all, but if living with his bizarre hand gadgets means you'll score some help [...]
Buying your first investment property is exciting, but it also comes with new responsibilities. When you're on your L-plates as a new landlord, it's important to be aware of your rights and obligations and those of your tenants. Here are some of the essential things that you should know. 1. Go it alone, or use [...]
Your loan has settled and you are officially the proud owner of an investment property. Well done! No doubt you want the rent to start flowing in so you can pay off your mortgage, and to have a smooth and stress free time as "landlord". If that's the case, it's time to start looking for [...]
Summer is here and Christmas is just around the corner. Our last newsletter for 2016 focuses on maximising those New Year car sales, investment loans and becoming a good landlord, and how you can apply some damage control to your Christmas spending. The Reserve Bank of Australia (RBA) has met for their final meeting for [...]
According to Master Builders Australia, the next three years should see in excess of 200,000 new properties under construction With all these new developments under way, opportunities to purchase units and apartments off the plan also look set to increase. Buying off the plan can offer some significant advantages, particularly for first home buyers and [...]
One of the biggest mistakes people make is believing that any property is a good investment opportunity Many operate under the misconception that there will be little or no risk to their money if they invest it in bricks and mortar, but a successful investor will be the first to tell you that not just [...]
A pet-friendly property can open up a raft of opportunities for a savvy investor, but that doesn’t mean there aren’t risks involved [frame_right][/frame_right]As a landlord, two of your most important goals are attracting tenants and keeping your property in good condition. If you decide to allow tenants to have pets, this might help you achieve [...]
