Confession: I would hate to be starting out as a property investor today. I’m just not sure it’s worth it anymore? The costs and considerations that come with compliance alone are almost enough to make you want to throw in the towel before you even begin. It’s much more expensive than it was when I…
Articles by Your Investment Property Magazine
Your Investment Property Magazine is the intelligent property owner’s choice when it comes to learning about Australia’s property market. Your Investment Property Magazine
When buying property, every investor faces potential tax liabilities. One expense that should not be overlooked is land tax. Here’s your state-by-state guide to land tax, how much you can expect to pay, and when you will need to hand over the cash. One factor that causes people to pause before pulling the trigger on…
With the majority of rental property owners denying pets to tenants, opening the door to furry little companions may be the ideal way to boost your investment profit. But how you do you maximise this strategy and minimise the risks? Pets have settled too comfortably into the strata by-law debate, and throngs of apartment owners…
The Australian Competition and Consumer Commission (ACCC) is warning the public to watch out for investment scammers who promise great returns but “leave their victims with broken dreams and empty bank accounts.” In the first half of 2017, Australians reported losing over $13m to investment scams, according to the ACCC’s Scamwatch website. This makes investment…
Upgrading your investment property can propel it into its next stage of growth, but it can cost a pretty penny along the way. Knowing which costs are immediately claimable from a tax perspective can make all the difference when preparing your reno budget. Owning a quality investment property can be compared to sitting on well-rained-on…
Investing in property is an enterprise that can take a lot of research, advice and sometimes even trial an error to get off the ground. And, most importantly, it takes money. There are many costs involved when it comes to buying a property, one of which is the initial deposit you’ll need to put down….
Investing in property has the ability to improve your fortune — but as a landlord, you also take on an important responsibility to provide safe accommodation. It’s essential that you manage the following risks and hazards within the home to protect both your asset and its residents. Property is an excellent source of passive income, which…
Ascertaining the true value of a property is one of the most crucial skills you can have as an investor. So how do you develop a professional valuer’s mindset and a keen aptitude for analysing real estate? We’ll discuss this in 6 steps. Property valuation is a crucial aspect of most transactions. For a potential…
Every landlord will eventually face a situation in which they need to evict a tenant. If you want your tenant to move on earlier than planned, however, there are certain rules you must follow before showing them the door. When buying an investment property, every investor hopes that the perfect person will move into their…
Renting out a property always comes with some trepidation. Landlords run the risk of signing bad tenants who don’t pay, or who damage the home and generally cause a nuisance. For every bad egg, however, there are plenty of investors who land a great renter – the kind you would want to stay for a long…