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...
Here we outline five important steps to buying your first investment property: 1. Set Your Goals To accomplish your property needs, you need to establish some primary objectives. Are you purchasing a property to generate a high rental income stream or capital growth? Is it to be held for the short or long term? Break down your objectives into a few important criterions and place a deadline and/or date...
Rent – The true core of real estate. Investing in real estate should be a buy/hold approach. The traditional way that provides moderate returns while having the opportunity to use the rent to escalate the loan repayments. TV reality shows often falsely indicate that successful real estate is a quick turnover from buying a home, renovating it, and reselling at a much higher price, but this is far...
First home buyers, buying your first home is generally the biggest financial commitment of your life. Of course, it’s absolutely normal to feel a mix of emotions… Are we doing the right thing? Can we actually afford it? Should I buy close to the city? Should I wait longer? What if the market changes? As property advisers, we understand the concerns that surround you. It is our role to help...