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Are you interested in knowing how to bid at auction? This series will help you better understand how to equip yourself to secure the best outcome at a property auction.
This is the second post in a two part series. See our previous piece here – How to bid at auction: Be prepared. (more…)
Have you considered branching out and exploring other avenues of revenue income from your property portfolio?
The benefits and pitfalls of owning or investing in a holiday house have been well covered by the property investment community. Typically, investors are lured by the promise of high rental yields, not to mention the novelty of owning a little piece of paradise. With all that excitement it can be easy to overlook the risks of seasonal variances in occupancy, high maintenance costs and changes to property management contracts. However, there are ways to mitigate these risks.
In this post we examine an emerging trend that offers an attractive opportunity to investors and property owners. It also highlights a growing sector that rental owners and property managers should be aware of. (more…)
When investing in property, be it your own residence or an investment property, it’s important to be clear on your property investment strategy. Your Buyer Agent will undoubtedly walk through your investment strategy, but one area they should touch on is what financial safety net you have in place. Unforseen risks (such as falling ill) can quite quickly deplete your cash making it difficult to meet mortgage repayments, rent, renovations, household expenses, child’s education etc, so it is important not only to have a cash buffer but also the right investment strategy plan in place. Income protection can be part of this plan and whilst it isn’t suitable for everyone (some choose to self insure through strategies such as a positively geared portfolio), it will come down to your risk profile, financial capabilities and current employment arrangements. As with any insurance it is always in the policy fine print, so here are a few things to keep in mind when it comes to Income Protection insurance?
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Can I subdivide my property: Planning schemes?
Are you looking to see if you can subdivide your current property or trying to find an investment property that can be subdivided?
This is the first post in a two part series that walks you through the steps and tips, which you should consider in order to identify the key facts about a property e.g. lot size, zoning, overlays, neighbourhood plans etc. From these facts you can start applying the subdivision planning approval process of your local council.
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