Think about your investment plan. Do you know these numbers? The ideal capital growth for your overall portfolio (the increase in value) The ideal net yield (the money you make from rent after costs are paid) The amount of time you need to spend managing your investments (including expanding ...
The importance of keeping some equity
A lot of our clients are doing really well in this market. Equity is increasing, and some have re-financed to pull out money for more investments. It’s a good time to have a think about how much money (if any) to access. We’ve spent a bit of time talking about the importance of leaving some equity ...
Analysis paralysis?
Does this sound familiar? You’ve been looking for an investment property for a long time. You regularly scan the web and property listings. You read all you can about the market, investing tips, setting up your financial future through property investing. You view properties, but yet… you still ...
What capital growth rate should I aim for?
Capital growth is the key to achieving long term wealth and security in property investment. How do you know if a property is going to give you the capital gains you’re after? Aim for at least 7.5% per annum We recommend looking in an area that has traditionally had an annual capital growth rate ...
Hold or sell?
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 ...
Do I need a property valuation?
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 ...
Getting your property ready for sale
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. ...
Should it stay or should it go?
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 ...
Helping your kids invest in property
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 ...
Should I buy a cheap block of land?
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 ...