A well-kept garden not only enhances the exterior of your property but can also drive-up rental interest and increase its value. Whether you have a compact courtyard or a spacious backyard, a garden that appeals to tenants can make your property more attractive. Here’s how to design and care for a tenant-friendly garden that boosts the value of your investment. Why a garden adds value to an investment...
Selling your investment property can be a smart strategy for wealth building, but having a tenant adds extra factors to think about. Whether you're considering selling your property while it's occupied or empty, it's essential to grasp the implications for both you and your tenant. Continue reading to learn about the key considerations when selling a tenanted investment property. The pros and...
For property investors, effectively managing and repaying your mortgage is essential for maintaining long-term financial stability. There are advantages and disadvantages to paying off your investment property loan sooner than scheduled. Read on for a summary of strategies that can help you speed up your repayments while still working toward your financial objectives. Assessing the value of paying down...
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,...
As the warmer months approach, some jobs need to be done to prepare your property. From clearing gutters to maintaining pools and gardens, proactively getting jobs done before the hottest days arrive will ensure your property is kept in good shape. Keep reading to learn what jobs should be done at your investment property before summer. 1. Protect against fire danger Bush fire season can...
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...