Do you know your Amortisation Period from your chattels? Or how about Caveat Emptor? Every industry has its own terminology and lingo – and the property industry is no different. For the first time buyer, or property investor, some of the terms can take a bit of getting used to. We admit, the above examples.
One question we’re often asked by potential investors is which are the best suburbs to buy an investment property in. We could start listing some popular suburbs around Newcastle and Cardiff, or some of the areas being developed, however, we believe people live anywhere and there are always people who need to rent. Potential investors.
www.apnewscastle.com.au As one of Newcastle’s longest established real estate office, we believe in delivering outstanding service and creating new trends and practices in buying, selling, renting, strata and asset management. Our whole philosophy is just to help people. This is why we have gone back to our roots and we’re now operating as the independently.
When you buy a second hand car, unless you’re mechanically minded, you’ll ask for a mechanic or a trustworthy motoring organisation to check it out. However, although people do due diligence on their vehicle purchases, some are not so diligent when buying property. Given that there’s probably quite a bit more money on the table.
Why old is gold and young is bold! A question we often get asked by both prospective home owners and property investors alike is whether to buy an old or new house. We can’t actually answer that question for you! Do you want something warm, welcoming and filled with character, or sleek and functional in.
Property buyers, both homeowners and investors, have a love hate relationship with auctions. Some love an auction – they like to see what the competition is from other potential buyers and love the excitement of potentially bagging a bargain. However, for others, they’re worried they will get carried away in the moment and pay over.
Investing in property is a great long-term investment but it does need some careful planning, and it’s always best to surround yourself by a good team of experienced professionals. There is no shortage of information available online of what you should do when you’re thinking about property investment – but what about the things you.
Coins, wine, art, antiques, gold, stamps, classic cars and jewellery – there seems to be an endless array of investment opportunities these days. However, with volatile markets and fickle collectors, not forgetting the tax man needing his dues, we still believe in good old-fashioned bricks and mortar in which to invest our hard-earned dollars –.
Apartments used to be thought of as an investment opportunity or for luxurious living, but it appears they, along with units and townhouses, are becoming increasingly popular for the everyday person to own and live in too. According to the Australian Bureau of Statistics, the number of house dwellers has fallen dramatically in the past.
It’s a new year and with it comes new opportunities – you’ve been made a job offer which means you’ll need to relocate. Or maybe you’re thinking of downsizing or upgrading and you’re wondering if your current home could be used as an investment property. So what should you be considering? Interest is a tax.
