Investing in real estate can be an excellent strategy for building wealth. You can earn income from your properties, and over time, the value of these assets typically increases, meaning they could be worth more when you decide to sell. Despite the wealth of information available to current and potential property investors, several myths still persist. Read about the common misconceptions in...
Are you feeling overwhelmed as a first-time property investor? Here are four tips to help you start off on the right track: 1. Ensure Sufficient Capital Investing in property usually demands a bigger deposit compared to buying a home for personal use. To streamline the process of making an offer and securing an investment loan, determine the deposit amount needed for your target price range....
Choosing the right property manager can significantly impact the success of your investment. Here's how to ensure you make the best decision: 1. Assess their team Verify that the property manager has a capable team supporting them. Enquire about the size of their portfolio, team members, and their utilisation of modern systems. A well-equipped team ensures prompt responses to maintenance needs,...
While owning an investment property can be a good source of income and capital growth, there are expenses involved, too. Understanding your costs when you buy an investment property, such as those for conveyancing and building inspection reports, is critical. It’s also important to know your ongoing costs for holding an investment property. Keep reading to learn about some of the...