Property Investment, Investment Properties, Retirement, Melbourne
by Jay Anderson
Wondering whether to sell an investment? How do you decide? Assess your goals Most importantly, is the investment meeting your current financial goals? Would selling it get you closer to meeting those goals? These questions sound easy, but in practice can be complicated to answer. What do you ...
by Jay Anderson
There are lots of reasons to get a property valuation. For example, You might want to know what price to market your property at You might want to know what offer to make on a property you want to buy You might want advice on what renovation projects would add value to your property and what ...
by Jay Anderson
You've decided to put your investment property on the market – it’s time to release some capital. You’d like a quick, easy sale. So how can you get the place preened and perfect for the open homes, internet photos and viewings? Here are our tips. Clean and simple Give everything a thorough clean. ...
by Jay Anderson
Many financial professionals recommend paying off your mortgage as quickly as possible. If you can afford it, the wisdom goes, you should choose a 10 or 15 year mortgage term and pay off your debts well before retirement while saving a considerable amount of interest. Borrowers who select a shorter ...
by Jay Anderson
I've just inherited a 3-bedroom house from my mother. It needs quite a bit of work – a builder has quoted $25,000 to get it up to basic rental or sale quality. A property manager has been through and said that once we do it up he can probably get $350 per week in rent. A property agent has said ...
by Jay Anderson
It’s getting harder and harder for young people to buy their first homes – to the point where we often recommend young people buy an investment as their first purchase. Even an investment can be a stretch, though – especially with capital city property prices going through the roof. For parents ...
by Jay Anderson
A client is considering buying a block of land in Geelong to build her dream home. She currently owns a rental property, and she has about $80,000 equity in it. It’s rented for $525 per week, and is cash-flow positive. She’s renting her current residence in Melbourne. She has spotted a block of land ...
by Jay Anderson
This is a question that will come up again and again in your property investing career. You need to consider this when thinking about buying a property, when first renting it out and every time there’s a rent review or vacancy. So, how do you set a rental figure? Rough and simple Dave likes things ...
by Jay Anderson
A client is coping with the death of her father. This sad time is more stressful because her mother is no longer able to make decisions about the estate (she’s got dementia, which has been made worse by the stress of her husband’s passing). The children, including our client, decided it would be ...
by Jay Anderson
Most of us are looking for a way to give our rental properties an ‘edge’ – something that will fend off vacancies, will attract great tenants and will help us maximise rent. Providing furnished accommodation can sometimes be that edge. Is it right for my property? Start with thinking about your ...