Pros and cons of selling to tenants
The general rule of thumb is, once you have an investment property, you shouldn’t sell it. But if you are in a position where you have to sell, should you sell to your tenants? From a tenant’s point of view, they may already be thinking of buying a house, and if they like your property,.
What you need to know about Capital Gains Tax
With property reaching record prices, some property investors may be reviewing their finances and thinking about selling. Unfortunately, one of life’s certainties is tax, and if you’re thinking of selling your investment property, while the sales figures may look tempting, the tax on the capital gains might not be so inviting. Capital Gains Tax (CGT),.
Four signs you’re ready to sell your house
Are there some life plan changes in the pipeline? Is your family expanding or are the children leaving the nest? Or maybe you’re craving a change of scene/lifestyle? Perhaps you’ve been eyeing off a few properties and imagining yourself living in them… While we all dream of living elsewhere from time to time, if your.
8 types of loans explained
The value of new loan commitments for housing rose 6.3% to $31.4 billion in November last year, and the value of new loan commitments for owner-occupier housing rebounded 7.6% in November, according to the Australian Bureau of Statistics. For investors, the value of new loan commitments rose 3.8 %, reaching a new all-time high of.
Selling your property in 2022?
If you’ve made the decision to sell your property this year, it goes without saying, you want to get the best price. To get the best price, you need to know what to do to add value to your property. 101 ways to add value to your property Utilising our nearly 50 years of property.
2022 starts on a high
We’ve always said property stands the test of time, and even with all the challenges of the past year, property values have continued to go up. A recent update from property data specialist CoreLogic has revealed over the past year the strongest regional markets have been in New South Wales (29.8%). In the Newcastle area,.
Home is where the Heart(wood) is
If you’re looking for a change of lifestyle in 2022, or somewhere to invest, have we got some exciting news for you! Stage 4 of Heartwood estate is fully completed, with block ranging from 330 to 534 sqm. This attractive estate is on the North Easterly side of Edgeworth off Brushworth Drive (behind McDonalds). And.
5 tips to get your mindset right
There are a plethora of books and websites telling you how to make money from investing in property, but one key feature is developing the right mindset. To succeed in any business, you need the right mindset, and investing in property is no different; Going in with a halfhearted attitude or giving up at the.