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...
Setting a New Year's resolution for buying a property is a great goal that requires careful planning and commitment. Here are some specific and actionable resolutions you might consider: 1. Define Your Property Goals: Clearly articulate your reasons for buying a property. Whether it's for investment, homeownership, or another purpose, having a clear goal will guide your decisions. 2. Create a...
Why is property rent so high in Melbourne? There are several factors that contribute to high property rent in Melbourne. Supply and Demand: Melbourne is a rapidly growing city with a booming population. High demand for rental properties often outstrips the available supply, leading to higher rents. Limited Land Availability: Melbourne is geographically constrained, surrounded by water and green belts,...
Are you ready for property investment? No doubt, Australians are aware that property investment is among one of the best investment assets to own. Having an asset that pays you a monthly income stream (rent) and overtime grows in value, what a great asset class to be involved in. It can be a running conversation at a friends dinner table, but having the courage to make the next steps to buying your...
Does a swimming pool help your investment property? Whether a swimming pool adds value to an investment property can depend on various factors, including the location of the property, the preferences of potential buyers or renters, and the overall market demand. Advantages of a swimming pool: Increased Appeal: In some areas, a pool can make a property more attractive, especially in warmer climates...
Great investor quotes. Certainly, there are many famous quotes from successful investors that offer valuable insights into the world of investing. Here are some timeless great investor quotes from renowned investors: Warren Buffett: "The stock market is designed to transfer money from the Active to the Patient." Peter Lynch: "The best investment you can make...
"Timing the market" and "time in the market" are two different investment strategies, each with its own approach and philosophy. 1. Timing the market: Timing the market refers to the strategy of buying and selling assets (such as stocks or cryptocurrencies) based on predictions of future price movements. Investors following this strategy try to buy when prices are low and sell when prices are high to...
When is the right time to buy an investment property? The right time to buy an investment property can vary depending on a variety of factors, including your financial situation, investment goals, market conditions, and personal circumstances. Here are some considerations to help you determine when might be the right time for you: 1. Financial Preparedness: Evaluate your financial readiness to...
What is a property manager? If you are a property investor or a tenant, you would know what a property manager is. From a landlord perspective, do you really know what they can do and how important they are to enhancing your investment returns? Selecting the right property manager can make a real difference. In this market insight we share some details on what is a property manager and what they...