I’ve been in the Real Estate industry for 15 years, and spent the last 5 as the Principal Agent at Ray White Holland Park. My goal is to help people move into a better position in life through real estate development & investments!
All in Investing
Real estate is a great investment—people always need somewhere to live, and if you have a house or apartment you can always let people rent it. This way, you have an extra income in your pocket. But can you buy a rental property even with existing debt? The answer to this is yes, you definitely can. But should you? To help you, there are things you should know before you decide:
Aside from the house itself, buyers need to consider the property’s location. Does it fit their needs? Is it safe? Does it fit in their price range? Before deciding to settle on one location, here are some things people need to know about a property’s location, in terms of buying and selling:
Agent’s fees and insurance are not the end-all be-all of the expenses when you sell your home. There are still other things you need money for, but most of the times, they are not readily apparent. Here are some of the hidden costs you need to watch out for:
Selecting a team of individuals or professionals that can help you achieve your property goal will get you to a place in life where you can do what you want, when you want - which is the main goal of building an asset that you can then basically live off. Read on to know how you can do it and which people you need on your team!
Renovation is one of the fastest ways to add value to a property - but it can be tricky if you don’t know what you’re doing. Truth is, each house can be renovated in a different way and create a different result. To understand what style of renovation works, certain factors need to be looked at and there is no one size fits all way to do that - but this list will help! Let’s take a look.
Investing in property via an SMSF remains an attractive proposition for many Australians. Not only does it allow more people to buy investment properties to help improve their financial futures, it also provides significant tax advantages.
