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This week the REIA announced their 2013 election policies. The report’s title, Housing for all Australians, gets straight to the heart of its theme.
The opening statement from REIA’s President, Peter Bushby, lays a strong foundation for the argument that follows: housing affordability is an issue. And the trends are not in the right direction. (more…)
So you finally found the property you like to buy, you have applied for your home loan and ticked all the boxes but for some reason it got rejected. Why?
The property needs repair
Any problems potentially leading to the buyer vacating the property before the loan contract is fulfilled may lead to an application being denied. So if after the pre-approval process you find the property requires major repairs involving the foundation or structure or major problems around the liveable space, your application may be turned down by the lender. (more…)
This post continues our look at the online service Evernote and how it can assist agents, investors and owners in the property investment market.
As opposed to our earlier posts on Evernote that look at the service’s free features, this post touches on some of the benefits of upgrading to the premium version. The free Evernote service limits your monthly upload usage to 60 MB per month. A premium service is available for USD 5 per month or USD 45 per year which allows you to upload 1,024 MB per month and also features faster word recognition (more…)
This post continues our look at the online service Evernote and how it can assist agents, investors and owners in their property search.
The ability to reference and manage my articles, notes and photos on the go from any device is the most invaluable benefit Evernote provides me with. Previously I would search through my browser bookmarks for properties I was interested in, followed by the exhausting process of then filtering through spread sheets and documents to collate associated material that I wanted to follow up on either prior to, during or after a property inspection. (more…)
This is the second post in a series where we look at how online tools can assist agents, investors and owners in their property search.
There is a plethora of online tools and services currently on offer that target the requirements of property investors and agents alike. Unfortunately however these are predominately angled towards the analytics side of the real estate market or carry a hefty price tag outside the financial capacity of anyone but larger agencies. Today we thought we would change this by introducing you to our most used investment tool that is completely free*. (more…)
This is the first post in a series where we look at how online tools can assist agents, investors and owners in their property search.
For some time now Google has been adding a range of tools designed to assist real estate professionals to its extensive list of service offerings. Following from Australia’s apparent obsession with property, Google’s Sydney office was the first of the global behemoth’s team to release an integrated product linking the popular Google Maps with the real estate industry. As a result, publishers and industry professionals now benefit from being able to share their content through Google Maps’ various search features. (more…)
The best investors are those who know they can never know it all – and continue to quench their thirst for new knowledge
Many of our readers have expressed interest in attending workshops to help them understand the property market and make more strategic decisions when it comes to investing or buying a home. With deep industry knowledge and a strong interest in helping their clients to become successful property investors, buyer’s agents are perfectly positioned to provide insights and develop your skills. (more…)
The essential guide for home buyers and property investors
When making an investment in property a few simple steps can help buyers to avoid mistakes or oversights and successfully complete their purchase.
Using a buyer’s agent is a good start in reducing stress in the home buying process, and the tips included in our Buyers Agent Guide series 6 steps to property buying success make understanding and completing the transaction even easier. Packed with simple exercises and useful tools, this guide is designed to be useful to property buyers of all shapes and sizes. (more…)
6 steps to property buying success: the essential guide for home buyers and property investors
Using a buyer’s agent is a good start in reducing stress when buying a property. Our Buyers Agent Guide series 6 steps to property buying success makes understanding and completing the transaction even easier.
In our previous article we laid the groundwork for beginning your property search with exercises to help you understand your needs and (more…)
Are buyer’s agents fees tax deductible?
With the ATO paying more attention to property investors we thought it prudent to cover one of the most common questions posed to us here at BAG, are buyer’s agents fees tax deductible? In short it depends on the services rendered that compose the buyer’s agent fees.
The most common service that clients wish to know whether or not the buyer’s agent fees are tax deductible for, is when they have engaged and paid an entity or person to find them a suitable property to purchase. (more…)