A client has asked us about a potential investment she’s found in a small rural Victorian town. On paper, the yields look great – certainly more than she would get for her $325,000 in Melbourne. The place has such beautiful views that she’s decided she wants to buy and rent it out in the medium ...
What do Residential Vacancy Rates mean to you?
Property investors have a lot to think about when planning a purchase. For example, investors need to consider: their Loan to Value Ratio (LVR) the price of the property percentage return location whether to buy and hold or renovate and sell. At Majestic, we believe that another important ...
Negotiate a win
Our Majestic Property clients have our support through the whole purchasing process – from property selection to settlement and beyond (assisting in finding quality tenants / property managers and helping to continually grow their portfolio). For those that prefer to go it alone, here are our hints ...
To furnish or not?
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 ...
Interest rates on the rise? What should you do?
Interest rates are set to remain stable for now, but many economists think they may not stay steady for long. Indeed, interest rate increases may well be on the way. ME Bank’s latest Household Financial Comfort Report finds, though, that 19% of those surveyed haven’t budgeted for an interest rate ...
Looking to buy an investment property? You’re not alone!
According to Australian Brokers Online (5 Mar, 2015), almost half of home owners recently purchased or intend to purchase an investment property. Lonergan Research conducted a survey of over 1,000 home owners for The Commonwealth Bank and found that 47% had recently purchased, or intend to ...
What matters and what doesn’t matter in property investing?
The Wealth of Common Sense blog recently published a great post on what matters and what doesn't in investing. It’s aimed at general investors, and some of the advice rings true for property investors, too. Here’s our take on what matters and what doesn't matter in property ...
How can I make my rental more attractive to tenants?
a A client has just been told that their long-term tenants are moving out. Last time the property was vacant, they had an empty house for two months. They want to know how to avoid such a long vacancy this time. Other than making sure their property is weather-tight and tidy, what can landlords do ...
Beginners’ corner: how do I make money from property?
This is a common question from clients new to property investing. It sounds like a very simple question, doesn’t it? Here are the two most common ways to make your real estate money grow: Cash flow. This is the difference between the rent you earn and your outgoings. The goal here is to make ...
I Want To Retire Early!
Q: I’m 35 and I hate my job. On the plus side, I've recently bought an investment property and now I’m hooked! I love the money rolling in – between the rent and the tax breaks, I’m clearing about $2,000 a year. I’d like to buy another this year and a couple more next year. I read in a magazine a ...