Taking on your first investment property can feel overwhelming and confusing. Speaking to an expert will simplify the process and ensure you take advantage of investing appropriately. Here’s a few reasons why investing at a young age is a great idea Long term investing will compound in value The greatest advantage that young property investors have is time. You have a long-time frame to buy/hold and...
We work hard to earn our income and we are all very careful how we spend it. Many successful investors spend a little and save a little. In modern times, we are spoiled for choice when it comes to investing. Why does property investment remain the most popular? Is property the best investment? Let’s explore the basis why property investment is widely the most popular in Australia. Millionaires love...
Builders warranty is a topic not often discussed, but we think this is a valuable and important discussion to have. As we specialise in buying new and off-the-plan property, we want to share some usual details. As property advisers, when buying an off-the-plan property we do our due diligence on both the developer and builder. Sometimes this can be the same person. A good reputable builder who holds a...
It is very common for anyone considering buying a property to feel scared investing. Investing in property has been proven to be one of the most rewarding financial decisions to achieving financial independence. Owning an asset that grows in value and pays you a regular income stream (through rent) makes this a very smart investment strategy. If you are scared investing in property, you are not alone....
A Section 32 and Vendors Statement are actually the same thing. It was formerly known as a Section 32 but changed to a Vendors Statement in 2014. We will discuss this further and refer it to it’s newly updated name ‘Vendor’s Statement’. The Vendors Statement outlines the information a property seller must provide prospective buyers, such as the name of the relevant planning scheme and details of...
What is land tax? This is a question often asked by serious property investors who already have or in the process of accumulating an investment property portfolio. It is the taxpayer's obligation to advise if they are subject to land tax . This is based on self-assessment by submitting either a land tax registration form or a land tax variation form. Unfortunately failing to submit these forms or...
New properties have become quite environmentally responsible or eco-friendly. They also feel good when you walk into a new place. Buying a new property, regardless if it’s an Apartment, House, Unit or Townhouse, have many in-built features that will not only please you but have you take a step further to being a little more eco-friendly. Floor to ceiling windows – many new Apartments and...
Many people often feel that if they wait, they may find a bargain. Bargains come and go. First home buyers are very new to the property market and often nervous. It’s important to get advice, but be careful. Don’t listen to too many people, particularly if they haven’t been overly successful in real estate or perhaps not qualified to provide advice. Buying property can be an overwhelmingly emotional...
Melbourne property under $500K. It’s evident that property prices in Melbourne continue to increase. Many find it difficult to meet the affordability, while others are fortunate to manage a large property portfolio. Nevertheless, every type of buyer would be very interested in sourcing a quality property, particularly Melbourne property under $500K. As at September 2017, here are some property...
Our kitchens are the centre of family life. They now serve as a meeting room, study, dining room and social place. How many people have their breakfast on the kitchen bench? Kitchens are no longer known for the centre of food preparation. Did you know… we love kitchens so much, they have doubled in size since the 1920s. Apparently, we spend more downtime and waking hours in our kitchens than any other...