If subdivision or development is on your short list of property investing strategies, then you’ll need to understand what the zoning codes mean in the areas you invest. Even if you’re buying a simple rental property, it’s important to be aware of your future options,
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In Part 1, we looked at the first five questions regarding buying an investment property, which laid down a solid foundation with a clear vision and a workable strategy. Then, in Part 2, we broke down the next five questions, which set you on a
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Part 2: Finding Your Next Deal In Part 1 we answered the first five questions every investor should ask before buying an investment property. Now that you’ve established a clear vision and strategy to take you to your investing goal, it’s time to dive into
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Part 1: Developing Your Vision and Strategy The thought of buying an investment property, especially for a first-timer, can be daunting. If you’re beginning your investing journey, you probably feel you lack skill and confidence. You’re even a little freaked out, realizing that not everyone
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First up, if you’ve never been to Tassie then you should make the effort to go. I’ve just returned from a two week vacation driving around and it has to be the prettiest state in the country by a large margin. A highlight was the
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Early in my investing career I was told a story that illustrated the concept of ‘the greater fool‘. It’s remained front and centre in my mind ever since and given the irrational behaviour of the Aussie property market, I feel it’s prudent to tell you
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The latest unemployment numbers released last week were disappointing to say the least: Australia’s unemployment rate jumped to a 10 year high and is now on par to when the GFC unfolded. Now, unlike then though we don’t have a mining boom to insulate our
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There’s a sucker born every minute, or so the saying goes. A fool and his money are soon parted, or so the saying goes. The borrower is the slave to the lender, or so the saying goes. The New Con Sadly the latest con doing
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Winter is upon us, and it is typical during this time of year for the property market to hibernate until the Spring sunshine brings forth new optimism in the form of a wave of new sales listings and a new brood of enthusiastic buyers. Yet
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Flicking through the weekend papers I noticed an article about the size and price of inner city properties. The article’s conclusion was that traditionally smaller inner city blocks sell for more on a price per square metre basis compared with properties farther out of town.
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