- Investment Property Tips
The world of property can be difficult to understand. We hope these investment property tips and tricks can help you with your next purchase.
When it comes to investing, it is essential to have a strategy with an end goal in mind. For example, are you aiming for high cash flow, or do you want more capital growth?
Often, this choice will have a bearing on the location you choose for your investment property. For example, regional properties tend to have a higher yield and lower capital growth than their capital city counterparts.
Buying and Selling
Typically, much of your return on investment (ROI) will be determined by the choices you make when buying and selling your investment property.
While purchasing a property, it is important to follow some basic negotiation tactics to ensure you are getting the best deal possible.
Similarly, it is vital to sell your property at the right time. While there are many reasons that could force you to sell, the high entry and exit costs of property have to be taken into account.
We hope that the investment property tips below help you become a successful investor.
Investment Property Tips Articles:
One thing to remember with property investment is that your entry and exit costs are pretty high. You have to consider stamp duty, your advertising and marketing costs when you sell and the capital gains tax. Overall, you make your money in property when you’re buying. That is, if you buy right. If you think about the developers, they make […]
Investment properties are generally that, a form of investment. Thus, it does not usually equate to being any kind of ‘business’ perse. However, there are exceptions, as with everything. According to the partnership agreement, if you are in a joint partnership over a rental property, you are in a business partnership. The agreement states, “You […]
Some residential property investors prefer to invest in brand-new properties. While others opt for older ones that they can renovate and re-sell for profit. So, which is the better investment strategy? Let’s have a look at some of the pros and cons of buying brand-new and almost-new properties. Depending on your investment strategy, you may pick […]
Australia’s rich list If you look at the rich list in Australia, most of those at the top have made their wealth from resources (mining) and property investment. And since we can’t all have access to huge mining sites, property investment may be our next best chance. Investment Property Tips Beginners Most property investors make […]
Over the years, I have worked with all sorts of property developers and builders. From that, I have to say the smartest and the most successful ones are those who get their hands dirty. They do the work and they are smart. For me, good developers have foresight. They see potential in sites and suburbs well […]
Attention! If you have a holiday investment home, you will be interested in this. To get you up to scratch on the current tax situation, the Australian Tax Office (ATO) has begun increasing its focus on ‘holiday home’ investors. Why the sudden shift in focus? This alteration in tactics is due to the ATO growing concerns with landlords and the […]
Units offer an ideal pathway into property investment for beginners. Here’s your guide to getting the most out of investing in units. So you’re thinking of buying an investment property. Australia offers plenty of opportunities. From houses to units, you’re practically spoilt for choice in the current market. Many beginners choose units as their first […]
Are you wondering how to invest in property with little money? These property investment basics will help you to buy a property without spending too much. Everybody enjoys saving a little money. Unfortunately, doing that doesn’t always seem possible when buying an investment property. Australia has a strong investment market, but the cost of buying […]
Having a plan is one of the real estate investment basics. You have a choice between creating a rental property investment strategy and investing for growth. Here are the pros and cons of the latter. You have a few choices to make when investing in rental property. For beginners, the main one lies in deciding […]
In 2017, the Australian Government significantly changed the way depreciation can be claimed on second-hand property… And if you ask me, the new legislation is sloppy, at best! In essence, you can no longer claim depreciation on “previously used” residential assets such as carpet, ovens, dishwashers, etc. You can learn more about the specific changes […]