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...
Tips when buying vacant land. Here we discuss what to consider when purchasing a block to build on. Buying land is a very exciting time, regardless if its to build a home to occupy or invest, let's explore the topic of buying vacant land. Understanding the legal obligation When buying vacant land you should have the contract reviewed by a solicitor to ensure the content is...
What to do when your tenant defaults on rent. No property owner or property manager want to encounter this, but unfortunately it can happen. In this market insight, we discuss what to do when your tenant defaults on rent. If a tenant breaches their tenancy agreement by falling behind in rental payments its very advantageous to manage this situation promptly as it can save you time, stress and money. It...
Here are some historic quotes from the most successful and inspiring people to walk the planet. “Associate yourself with people of good quality if you esteem your reputation, for ‘tis better to be alone than in bad company.” — George Washington “All truth passes through three stages. First it is ridiculed. Secondly, it is violently opposed. Third, it is accepted as being self evident.”...
ATO is watching - Rental property tax deductions. According to the Australian Tax Office (ATO), rental properties have been identified as one of its three focus areas for the financial year ending 2023. The ATO says mistakes in these areas have become common and rental property deductions have moved to the top of its list for closer scrutiny. The other two areas to take the top three in no particular...