If you have a yard at your investment property, it may be tempting to use fake grass to add some greenery to the property while reducing the maintenance typically associated with real turf. Maintenance aside, there are other impacts to think about when it comes to using fake grass. In this article, we outline why…
End of another financial year, we all know what that means: Tax time is coming. With everything you need to remember to get ready for tax time, it can all get a little overwhelming. To maximise your return, it’s important to get organised now to save any administrative headaches and get your tax return completed…
Virtual property inspections and tours became critical in 2020 as COVID-19 made it more difficult to view properties. Ensuring your property listing looks attractive to prospective tenants is a key part of leasing your property quickly. While it may seem like an extra expense, getting your property professionally staged is a great way to help…
Refinancing is just as big of a decision as securing the initial home loan itself. In fact, you’re replacing your current home loan with a new one, so make sure you complete your due diligence and make an informed decision. With interest rates at record lows, it may be a good time to think about…
Thinking about where you’d like to be financially by the time the next recession rolls around can provide some perspective in helping you see the long game with your finances and investing. Further, think about how the next ten years might fit into your financial legacy for future generations. With the volatility seen in share…
While the economy and property market are in an uncertain place, now is a better time than ever to review your investment strategy to ensure you are on track to realise your long-term investing goals. According to CoreLogic’s Profile of the Australian Residential Property Investor, the value of people’s wealth held in real estate assets…
While property investment is exciting and helps people build wealth, you’ll be more effective and profitable in the long run if you identify and are aware of all the expenses you may incur as a property investor. Property investing is an excellent vehicle for building long term wealth. But you need to factor in the…
Owning a property, for many Australians, is still one of the key things they want to accomplish in their life. It’s still the great Australian dream. In a new report, Australian home ownership: past reflections, future directions, produced by researchers from Swinburne University of Technology looks at the levels of homeownership in Australia since World…
How can LMI work in your favour as an investor? When buying a property, it’s very easy to feel overwhelmed by all the additional costs you may not have factored in. Lenders’ Mortgage Insurance (LMI) is probably one of those additional costs. However, some experts think that investors can make LMI work for them. LMI…
For property owners and investors, how the property market performs as we move to the other side of COVID-19 is top of mind. The COVID-19 pandemic has disrupted many industries, including real estate. With inspection arrangements altered to adhere to the government’s isolation and social distancing measures, and some landlords and renters facing financial hardship,…
Many Australians dream of investing in residential property to build their financial portfolio and create a passive income. Purchasing a well-located property that offers an enjoyable lifestyle and proximity to services such as transport or schools, is likely to deliver good capital growth and appeal to future tenants. Usually the same special features that attract…
If you own a property in Annerley, you’ll know that these suburbs really are becoming very popular, with a thriving property market and strong local community. So it’s a great time to be a landlord in these areas. With any property, some things are fixed: location, local amenities, and aspect for instance. As a landlord,…
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