Why property investment can benefit you. A well thought after investment strategy can undoubtedly benefit you now and into the future, but property investment has to be among the most rewarding. In this market insight, we highlight some of the best opportunities property investment can offer you: 1. Property investment is a tangible asset To have the ability to touch and feel your asset goes a...
How to find a great tenant. Finding a great tenant for your rental property is crucial to ensure a smooth and profitable landlord-tenant relationship. Here are steps to help you find a great tenant: 1. Prepare Your Rental Property: Make sure your property is clean, well-maintained, and in good repair. Address any necessary repairs or upgrades to attract quality tenants. 2. Set the Right...
Comparing positive and negative gearing. Positive gearing and negative gearing are two different investment strategies used in real estate, particularly in property investment. They refer to the financial outcomes of an investment property in terms of cash flow. Here's a comparison of positive and negative gearing: Positive Gearing: 1. Definition: Positive gearing occurs when the rental income from...
Does an experienced property investor need advice? Even experienced property investors can benefit from seeking advice for several reasons. Here are some points to consider Market Dynamics: Markets are dynamic and can change rapidly. An experienced investor may be well-versed in historical trends but might not be aware of emerging shifts or new regulations. Seeking advice helps in staying updated on...
Top misconceptions when buying a property. When buying a property, there are several common misconceptions that people often have. These misconceptions can lead to mistakes and financial pitfalls. Here are some of the top misconceptions to be aware of: The Bigger, the Better: One of the most common misconceptions is that a bigger house is always a better investment. While larger homes...
Higher rent versus higher capital growth. When it comes to investing in real estate, there are different strategies that investors can pursue, and the choice between higher rent and higher capital growth largely depends on an individual's investment goals, risk tolerance, and market conditions. Here's a breakdown of the two strategies: Higher Rent: 1. Steady Income: Advantage: Investing in...
What traits should you have to be a successful property investor? Being a successful property investor requires a combination of skills, knowledge, and personal traits. Here are some key traits that can contribute to success in property investment: Financial Literacy: Understand basic financial concepts, such as return on investment, cash flow, and appreciation. Have a solid understanding...
A property caveat is a legal notice or warning that is lodged with the relevant government authority to inform interested parties, particularly potential buyers and creditors, that there is a legal interest or claim on a specific property. It is a common legal mechanism used in real estate transactions to protect the interests of individuals or organizations who have a stake in a property, even if they...
Using a Self-Managed Super Fund (SMSF) to invest in property has gained significant attention in recent times. This approach to property investment offers several distinct advantages that can empower individuals to secure their financial future effectively. Here are five key points to consider when buying property using an SMSF: 1. Strategic Diversification: Incorporating property investments within...
The most common contributing factors to the property market. The property market is influenced by a wide range of factors, and their importance can vary depending on the specific location and economic conditions. Here are some of the most common contributing factors to the property market: Supply and Demand: The fundamental driver of property prices is the balance between supply and demand. When...