Some 7.9% of Australians own an investment property (which is just over 1.76 million people). A significant proportion of these properties are residential and are rented to tenants. Perhaps you're considering purchasing a property to rent, or already own one and manage it yourself. Is self-managing an investment property really the best way to go? There are both positive and negative aspects of doing the job yourself and you really need to consider if you want to commit to the necessary effort of property management or pay someone else to take care of it for you.
11 December 2015
While residential property often captures the headlines of investment blogs, commercial real estate (renting to businesses rather than people) can be just as positive an investment. Here are reasons that commercial real estate can be a great investment to help fund your retirement. Better rental returns Commercial real estate has higher average rental returns compared to residential properties. Yields can range from5 to 10 percent, and this can be an ideal way to maximise income during retirement.
24 November 2015
You may need the services of a real estate agent if you want to buy a property. The degree to which you require his or her services will depend on several factors (such as your experience in finding the best home for your needs). Under normal circumstances, a buyer's agent takes part in all steps of the process (such as searching for a home, negotiating the sale and helping you to get financing).
12 November 2015
Buying a dwelling as an investment property is a popular financial choice for many Australians. Investment properties accounted for over $13 million in the total property market from July to August in 2015. If you've recently bought an investment property, then you are probably wondering whether to manage the property yourself or hire a professional property management company, such as Verse Property Group, to do it for you. Managing your property yourself can save you a small amount of money each week, which may give you a slighter higher return on your investment.
4 November 2015
Turning your property investment into an attractive proposition for young professionals requires some work, but the effort will pay off in the end when you are successfully able to reach out to this demographic. Young professionals are willing to pay a little more to avail themselves of certain comforts and amenities, so you could end up turning a better rental profit than you imagined. Here are some tricks to attract young professionals to your property investment.
30 October 2015
When planning to rent out your real estate investment property, making it pet friendly could fetch you more demand and higher rental returns in the long run, so you might want to consider this choice for your house. More importantly, pet-friendly homes could attract long-term leases, reducing your hassle of looking for new tenants regularly. But making a home pet-friendly comes with certain inevitable damages to your home. Here are some ideas to protect your real estate investment property from pet damage.
28 October 2015
Buying investment properties for the purpose of renting is a great way to earn an extra income if you can afford it. But you'll need to ensure that you purchase rental properties that tenants want. Here are some golden rules to help you buy properties with enhanced renting potential. Location is Pivotal To Your Success If you're looking for houses for sale, choosing the right location is pivotal to your success as a landlord, so you'll want to be smart when purchasing rental properties.
23 October 2015
Generally, thermal imaging was associated with industrial use. However, over time, they have started being incorporated in both residential as well as commercial buildings. They can be used for a myriad of applications, making it easy to detect problems and anomalies that builders would not be able to easily diagnose with their naked eye. Here are some of the reasons why builders should make use of thermal imaging technology during their construction processes.
22 October 2015