Do you have an investment property? Are you insured?
Buying an investment property requires risk, courage and parting with your hard-earned money. The main objective of purchasing an investment property is to make money, either from the capital growth or from the regular rental income. Tenants, on the other hand, may not see your property in the same light as you do. Some tenants […]
Buying off the plan guide
Buying off the plan can be a great purchase, but also a tricky one. Firstly, buying a property off the plan means you purchase a property before it’s built. You decide on the property based on plans presented to you, hence the name. There are many rules that protect the purchaser, such as when the […]
Are you maximising your property investment tax incentives?
Owning an investment property allows you to claim all the expenses relating to your investment property as a tax deduction. The most common deductions are interest on your loan, agent fees, strata (if any), council rates and general upkeep of the property. There is also another large expense you can claim, that many investors usually […]
Accessing the equity in your home
If you have purchased property in Australia (some parts) before, you would have seen the value of the property increase over time. This is your gain, or also known as your equity. Many use their gain or equity to do other things like purchase a new car, open a business, renovate, consolidate debt or purchase […]
When should you buy a property?
When people ask me when they should buy property, my answer is always the same…when you’re ready. This is something I have lived by for the past 22 years. That being said, the sooner you can get into the market, the sooner you will take advantage of potential property growth. As we know saving for […]
What’s a 66W when buying a property?
Your offer on a property has been accepted, and the agent wants you to sign a 66W? What does this mean? What are you signing? Basically, you are signing a document that waives your right to rescind the contract. Generally, when you sign a contract, you have the option to have a 5 or 10 […]
What is a silent auction?
During the pandemic many agents turned to video conferencing to show the property to prospective buyers by doing live walk throughs of the property. They also used this technology to carry out live auctions, where people could bid on properties from the comfort of their own home. The funnest thing about a traditional auction is […]
The hidden costs when buying a property
Whether you’re a first home buyer or you’ve purchased property before, there are hidden costs that most people forget. Stamp Duty is the main one, which some first home buyers are exempt, but there are other fees to include in your budget. In addition to Stamp Duty, there are many other fees to consider when […]
So, you have decided to sell your home.
Sooner or later, you will be selling your property. Whether it’s your current home to upgrade/downgrade to another property or it’s your investment property. Before selling your property, you should consider some things to ensure you can achieve what you want before accepting an offer on your property. Here’s what to consider
Should you buy ANY property?
When the property markets in capital cities are going strong, markets all over Australia usually tag a long for the ride. Regional towns, coastal towns and tourist areas are benefiting of the ripple effect of the growth in capital cities. All of a sudden any property starts looking like a great investment. But does that […]
