Many aspire to break into the property market to build wealth. However, that is easier said than done. In fact, thinking that all you have to do is buy properties and wait for them to gain capital growth and collect rental income is a dangerous
The May 3 decision of the RBA to lift the official cash rate is just one out of the many. It has given a head’s up that more rate hikes are to come. Fuel costs are up and food costs are, too. To damp down
Is a foreign investment welcome in the Australian property market? The simple answer is yes. Foreigners residing in and out of Australia may buy a property in Australia. However, there are a few caveats you should be aware of. What are the requirements to invest
Most people start out with one or a few residential properties when building their property portfolio. Particularly, rental apartments and houses are a popular choice. Although not always a top contender, commercial properties have so much to offer. One is higher returns. Another is that
The most common path investors take when they start their property investment journey is the direct ownership path. Rental homes and apartments are among the top choices. In its most basic sense, direct ownership makes a profit through rental income which an investor uses to
Data from April last year showed that housing prices surged up to 2.8% compared to the following year. This record-high raise was last seen in 1988. And usually, this phenomenon is met by what the young ones call FOMO or the fear of missing out.
While buying your first property is the most daunting experience in your portfolio-building journey, getting the next one comes to a close second. You are now settled with your first property with a tenant and a property manager, so what is the next move? Remember,
Banks are running a business so it’s only natural that they have a thorough assessment when you apply for a loan. After all, the amount of money at stake in loans is in the hundreds of thousands on average. To increase your chances of getting
“Buy low, sell high.” Property investing pretty much revolves around this golden rule. And it’s true. To make a profit, you simply have to sell your investment at a higher price than you bought it. However, there is so much more than buying, selling, and
In today’s brief, we attempt to explain the process of house flipping. What it means. How to get started. What things you must consider before you start. What to look out for along the way. In reality there are two ways we make money from
It was not surprising that the whole COVID-19 situation shook the foundations of the property rental market not only in Australia but in the whole world. Workers worked from home. Offices were vacant and so were properties that cater to the employed market. However, through
As house prices rise across the country, getting into the property market becomes harder and harder. Still, to this day, most people would simply like to own their own home. However, determining the correct time to buy is not always that simple. Here are some
Home renovations can be a tool used by homeowners and investors when adding value to their property to increase their potential on the return of investment or to improve their standard of living. It’s not always the luxury features that will impress buyers. It’s often
If you are a business owner or have your own property, then a caveat loan may be an option to meeting your financial needs. Essentially, it’s like having a second mortgage, except for the short term. The loan is secured by using your business or
With the property prices consistently growing each month, single parents may be feeling the dream for homeownership is out of reach. We understand saving up for a deposit on a single income can be extremely challenging, especially with the effects on the economy caused by