Do you want to make more money? We’re fairly certain there would be a general consensus for that answer. There are in fact relatively straightforward ways to help you increase your long term wealth and secure your financial stability. Investing in real estate in Australia is one of the vehicles you can use to get there.
It’s not a fire-breathing V8, nor is it a wee mini…read more here
Rental properties provide the ideal place for first time buyers to save money before purchasing some real estate in Australia of their own.
A report from the Australian Bureau of Statistics found that the mean proportion of income required to pay the rent of a private dwelling is 20 per cent – basically unchanged since 1995, when records first began.Furthermore, there are more people renting. Between 1995 and 2012, the proportion of Australians that were renting increased from 18 per cent to 25 per cent. You can only imagine that this number would have increased over the last three years, given the hot property market of late…read more here
Both tenants and landlords have a responsibility to keep a rental property in good condition – but it can be a bit confusing working out who’s responsible for what. The tenancy agreement can set out the specifics, but here are some general guidelines to give tenants a clear idea of where they stand on keeping the home in good nick.read more here
At Ray White, we understand how important it is to achieve your property goals. From first home buyers to seasoned property investors, Ray White is here to not only assist in your property transaction but also to support and guide you along the way. Here are our Top 5 Tips for those looking to get their property investment off on the right foot…read more here
Owning a successful investment property is often a long-term dream of property owners. Turning your home into a profitable revenue stream is clearly appealing but what about the day-to-day reality? Finding and keeping good tenants is critical to the long-term success of your investment, so here are our top 5 tips to get you started!…read more here
Managing your own property is not for the faint of heart – there’s a reason people do it for a full-time job. If you don’t have the time to manage your real estate portfolio anymore, or are searching for your first investment and don’t quite know the lay of the land, it could be a great time to hire a property manager…read more here
Investing in real estate in Australia has been popular for a long time, and those with a foot in the door are now reaping the rewards. However, it’s always prudent to make sure that you don’t have all your eggs in one basket. For example, you might diversify your investments by looking at commercial real estate, or even a business for sale. Why would you do this? It’s simply hedging your bet…read more here
Homes for sale across Australia can be turned into profitable rental properties by savvy investors, but when it comes to becoming a landlord, it’s important to understand the legal obligations relating to tenancy agreements. Landlord and tenant laws in Australia are intended to protect the rights of both parties when it comes to renting a home, but it’s still essential to understand the differences between different types of tenancy agreements, as well as ways to streamline the process. This is where the property management services of Ray White Uxcel can become very helpful…read more here
As a landlord, it’s more than likely you’ll have a firm idea of the sort of tenants you’re hoping to attract. Your rental properties will need to reflect this, so if you’ve got your sights set on the luxury market, it’s possible you’ll have to put some changes in place to make this happen. Here are some ideas to turbo-charge the letting potential of your real estate and make it a must-see for anyone in search of a spot of glamour…read more here
Australians already know about the current low interest rates, which have made home loans a lot more attractive. And because of this low interest rate environment, many people have taken advantage and jumped into the investment property market. However, when you become a landlord, you need to remember you’re the one responsible for the property. Everything from fixing broken dishwashers, paying council rates and ensuring it’s being managed in accordance with the law will become your responsibilities…read more here
Being an investor can be hard work. Rental properties don’t only come with a raft of maintenance issues and management troubles, they also involves a lot of accounting! Just like you might consider getting a property manager to handle the ins and outs of your lease agreements and advertising, you might want to think about an accountant top help you make the most of your portfolio…read more here
Housing affordability isn’t only limited to the prices of houses for sale – it’s very much related to the cost of rent too. If the proportion of your pay being taken up to provide shelter for your family is too large, you’re under housing stress, whether you’re a renter or an owner-occupier. Thankfully, there are many spots around the country where it’s still very affordable to rent (or even buy!) a property. ..read more here
Purchasing a residential real estate investment offers many benefits, so it’s unsurprising that it has become a popular way of building wealth for many Australians.
However for those branching out into property investment for the first time, it can seem like a hard world to break into. There are many tips and tricks for buying your first investment property, but the main point to remember is to prepare as best you can. With the help of an expert real estate agent coupled with your own research skills and preparation, you can ensure you’re making the right decision for your portfolio…read more here
Although renting a house is a lot less stressful than buying a property, it still pays to be picky when looking for your next place to call home. It’s not uncommon for renters to live somewhere they don’t like simply because “it’s not forever”. Yet this attitude can see you being uncomfortable for months if not years, and really – life is too short. As a renter you are paying a significant amount of money to the owner of the home, so don’t take this cost lightly. Be assertive in your property search and settle for what you want – and nothing less. To help you pick the right place, here are three key features to look for in a rental property…read more here
Do you own an investment property? Why not let us take the stress out of managing your investment. Complete the form below to arrange an obligation free discussion on how we can help.