The Ultimate Guide to Purchasing Your First Investment Property
Buying an investment property can be a great way to grow your wealth and secure your financial future. If you are thinking of purchasing an investment property, it may seem daunting at first with all the information available online and the steps involved in getting finance, but we’re here to guide you along the process […]
The features that tenants are looking for in a rental property
When purchasing an investment property, you need to consider what desirable features tenants are looking for in rental properties. The kind of tenant and demographic you target will largely depend on where your property is located. For instance, if your investment property is an apartment in the city, young professionals will likely be your target […]
How to reduce investment property expenses
Owning an investment property has associated expenses which can eat into your rental income. Fortunately, there are ways you can reduce your costs and improve your cash flow whilst creating a sound and worthwhile investment. 1. Negotiate a better deal on your ongoing costs Always look out for better deals on your ongoing costs such […]
Using a Buyer’s Agent to Maximise Your Profit Potential
Making a smart investment property choice that maximises long-term profit is the dream, it’s possible to ‘get lucky’ however in most cases, a positive outcome is derived from extensive research to identify a winning opportunity in the market. For time poor people, the use of a Buyer’s Agent can be the difference between a loss […]
Deposit Bonds: What are They and Why Use Them?
It is common practice in Australia that when purchasing a residential property, a 10-20% deposit may be required to secure the sale. The deposit is then held in trust by the seller’s solicitor or settlement agent as security for the purchaser’s obligations. In some cases, when the purchaser does not have the full deposit available […]