Granny flats are rapidly increasing in popularity as they offer a diverse and affordable housing solution with two main benefits: Additional income Whether you are building onto your residential property, or on your investment property, a granny flat is a great source of additional income. What you will need to consider though is whether the.
Most people work on the rule of thumb of buy low and sell high – but when is a good time to buy and when is a good time to put your property on the market? The real estate market generally falls into three categories: Buyer’s markets Buyer’s markets are when the market favours the.
Some say, once you have bought a property for an investment, you should never sell it. However, like everything in property investment, or any other types of investing for that matter, there is no hard and fast rule. When to sell an investment property will vary according to goals, and of course, personal circumstances. People.
One thing we often get asked is what is the difference between a market appraisal and property valuation of a property. There is a difference, and it’s important to understand the difference so you know when to use them and why the appraisal figure may differ from the valuation figure. Market appraisal Appraisals are carried.
Congratulations – you’ve found a house you want to move into, and you’ve started the sale or rental negotiations. Everything is looking really positive and it looks like you’ll be set to move within the next couple of months. Now the real fun begins…… thinking about moving your stuff! Whether its moving into a rental.
When we think of an investment property, we usually think of residential. Many people don’t even consider looking at, let alone owning, a commercial property. Commercial property does come with some great positives; there is potential for higher returns and there are often fewer outgoings. However, while commercial is often cheaper than residential property, you.
Property has long been the great Australian Dream, and for many it’s moved on from simply owning their own home; bricks and mortar are now seen as a great investment opportunity. Whether you are at the start of your property investment journey, or you already own a second property or have a portfolio, we believe.
You love the location and the price is well under budget, the problem is, the property is a dump and in serious need of modernisation. Or perhaps your home is looking exceedingly old and tired and is in desperate need of a serious makeover….. So what’s best? Renovate the property to its former glory, but.