There are several factors to consider when looking at property investment, and one of these is vacancy rates. In general terms, the vacancy rate is the percentage of available rental properties that are vacant or unoccupied at a particular time. High vacancy rates indicate property is not renting well while low vacancy rates can point.
You live in a great area with great neighbours and you love your home. But it’s rented. And while you do want to buy so you have an asset, when you look at what you can afford, you realise at best you’ll be living in a shoebox, or at worst you’ve got to leave the.
People can live almost anywhere these days, and it’s not unusual to see former banks, fire stations and even churches converted into one or more living spaces. Many people think selling an unusual property is easy and that the property actually sells itself. The truth is selling an unusual property at the best price does.
One question that often divides property investors is whether commercial or residential property makes the better investment. Like everything in property, it depends! It depends on your financial situation and what you’re wanting out of your property. Those who invest in residential property believe it’s less risky, however, those who invest in commercial often argue.
Anyone can sell their own property, just like anyone can represent themselves in court or do their own accounts, but selling your property yourself isn’t quite as easy as sticking it online and waiting for the buyers to roll in. Here are some points to consider if you’re thinking of selling your property without using.
It’s a new year and you may be thinking it’s time for new pastures. Looking round your home, you could be wondering how you can improve it so you can get top dollar when it goes on the market. A common myth people believe is every renovation adds value. The truth of the matter is,.
As well as paying the price tag for a property, there are a few other costs you’ll need to factor into your budget. Here are the main ones: Stamp duty Stamp duty is unfortunately a necessary tax levied on all properties by the NSW Government. For an investment property, you may have to pay a.
A picture tells a thousand words according to the saying, and this is never truer when it comes to property pictures. Whether it’s in an agent’s window or in an online advert, images are what will draw prospective buyers to the listing and make them want to see more. You can have the best property.
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.
We’ve been enjoying record low interest rates for years now. Indeed, many investors on variable rates have probably benefited from some of the drops in interest rates by having more money in their back pocket. Interest payments made on a loan are tax deductible, so for some, depending on how the property is geared, the.