Housing affordability has been a hot topic for some time now. You may think you’ll never get to own your own property or move up the ladder, but by making some changes and with a little lateral thinking, there are ways. Interest rates are still low, and if you are a first-time homebuyer, you apply.
From bogus consultants asking you to sign up to a fictional government program promising financial incentives to an African prince or princess offering you a cut of several millions if you help them get money out of the country, there are unfortunately a lot of unscrupulous people looking for ways to relieve you of your.
If you’re buying a car, after seeing the ad with the nice shiny pictures, you view the car. Most people will walk round looking at the bodywork and tyres, turn the engine over, take it for a drive, and check under the bonnet. Non-mechanical people may well take a mechanic with them who will pick.
Mindset is talked about a lot these days; you need the mindset for this and the mindset for that, and you need the right mindset for investing in property. Going in with a half-hearted attitude or giving up at the first challenge is not what property investment is about. Investing in property is within many.
Potential buyers love space, and they love to imagine their belongings in your property. Creating more space (or at least the illusion of!) is a cost effective way of improving your home’s chance of selling quickly and at a good price. By putting in a small amount of effort, these tips will make your house.
Putting in a new kitchen or bathroom, landscaping the garden, or any other major renovation will instantly add value to your property and potentially increase your rental income, but there are other advantages too. Some property investors may not be aware you can claim some tax back on the depreciation of assets. If you are.
The latest figures* released by the Australian Bureau of Statistics (ABS) shows property investment is still in many people’s reach and many are using negative gearing to help them reach their financial goals; figures show 62 per cent of people who negatively gear one property have taxable incomes under $80,000. Breaking the figures down.
If you want to achieve your property dreams and goals, it’s important you have the right mindset. There will be times when paperwork seems overwhelming or you come across some other challenges, but when times get tough or a bit difficult, to keep ourselves motivated, we always say, everyone needs somewhere to live. Property.