For as long as people have been investing in property there has been a common question. Should you buy a property for its capital growth potential, or should you buy a property for cash flow? With an interest rate rise potentially on the horizon many investors are revisiting this age-old debate, to gear negatively or positively. I want to address a glaring issue immediately that may be prudent for some of you and [...]
Australia wide we are seeing record low levels of rental properties and sale listings putting upward pressure on both the rental and sales market. I’ve been digging into the numbers and nationally, the total number of properties advertised for sale over the last four weeks was 13.3% lower than the same period a year ago, demonstrating an ongoing shortage of available housing to purchase. Property is a tangible asset and [...]
https://www.youtube.com/watch?v=EP_2iA_qeOk One of my top tips in keeping a tenant happy in an investment property is to let them do things to make it their home. So let them put pictures up on the wall, let them pour a concrete slab to put their wheelie bins on. One of my tenants wanted to put a garden shed and a concrete slab for the wheelie bins, they're very much into their garden, [...]
Building a property portfolio can be similar to running a small business and it is no easy feat sometimes. By doing so, you demonstrate you are wanting to create better financial security for yourself, reduce your risk, have determination, and that you also have a keen business sense. We asked Wealthology’s most savvy investors to share their top 5 dirty little secrets so you too can avoid the common mistakes which [...]
According to RP Data and the Census Data from 2011 only 7.9% of Australians own an investment property, even though property is a national past-time. And only 0.068% own six or more investment properties. A lot of people are overwhelmed by the process and quit before they even begin but it doesn’t have to be hard. The reality is that investing in property is relatively straightforward when you work with [...]
When you go to rent your house, its success will rely heavily on your rental strategy. As property investors, we want to ensure that our property is leased efficiently and for the highest possible return. Good tenants are a precious commodity, they pay their rent on time, they treat the property as if it were their own home and they stay for a longer period of time. Helping us uncover the [...]
What are my rights, as a Landlord, if I receive a tenancy application with a pet? When it comes to leasing a property you own, knowing the landlord rights about allowing or refusing pets can play a huge factor in the level of enquiry your property will receive. In Queensland, a landlord has the right to accept or refuse pets at their property. However, if you own a unit or townhouse, many body corporate [...]
