My Secret That Paid For 260+ Property Deposits in 7 Years Back in 2001, my business partner and I were running our accounting practice and property investing company out of a concrete block garage up an alley way in Mont Albert. The “office” was freezing
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What you must know when subdividing property
The Basics of Subdivision Subdivision is when a section of land is split up into two or more allotments to create separate spaces or adjusting a boundary between neighbouring lots of property. If carried out correctly and under the right conditions – the subdividing property
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Questions to ask when buying an apartment
Questions to ask when buying an apartment So, you’ve decided to invest in property. Congratulations! This could be the first step on your way toward earning extra income and increasing your financial security. On the other hand, you may be on your way to a
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Tips for buying a second house
As a seasoned homeowner, you are likely aware of the responsibilities associated with property upkeep and years of mortgage payments. Perhaps with this experience under your belt you have thought about buying a second home in order to establish a vacation spot, secure a retirement
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Property investment strategies: Top three tips
Every investor has their own methods for securing a profit. Developing your real estate investment strategy will likely be the result of experience, the contacts you make and the resources you accumulate. While the path toward success looks a little bit different for everybody, there
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Three things to know when making an offer on a house
Three things to know when making an offer on a house Buying investment property can be a great wealth accumulation strategy, or it could end up causing you a whole lot of financial stress. Of course, that is the risk associated with most kinds of
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Renovation costs – Plan your budget
Renovation costs – Planning tips to stay on budget Whether you have recently purchased investment property or you have a new tenant moving in, every so often you need to upgrade your dwelling and carry out renovations.The trouble with refurbishments however, is that they can
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Sending a rent increase letter
Sending a rent increase letter Nobody wants to be the bad guy. But sometimes owning rental property requires you to raise rental prices to stay profitable. Responding to the market is key, so chances are you will have to increase prices in the middle of
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Negative gearing pitfalls to watch out for
Negative gearing is a common property investment strategy employed in Australia and offers a variety of benefits.However, this type of financial approach comes with a certain degree of risk, so it is paramount that you get a comprehensive view of how it will work relative
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Property management fees: What every investor should know
Property management fees: What every investor should know When it comes to making a property investment, you might want to appoint a real estate agent to manage your property – this is particularly true if you live in a different state, or even in a
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