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…
Articles by Your Investment Property Magazine
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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…
What will the proposed Victorian Stamp Duty changes mean to the Melbourne property market? On Tuesday, 24 November, Victoria passed down its 2020-21 state budget, revealing a host of support measures intended to stimulate the housing market and building industries, including stamp duty discounts of up to 50%. Following the news, Australian Broker sat down with Victoria-based…
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…
Has COVID-19 changed real estate forever? A report from real estate company McGrath has concluded the pandemic will certainly cause sectors of the population to adjust both their way of thinking and their behaviour in a permanent way. The home The virus has prompted many Australians to reassess their lives and make new choices for…
You don’t want to scare a good tenant away by driving up the rent, but at the same time you’ve invested in property to make money. It’s a dilemma every landlord has to face at some point: when, and by how much, should your rent? You might fear raising the rent too much and driving…
More Australian millennials are expected to break into the property market in the next few years, taking advantage of a sector hampered by the coronavirus crisis, a recent ING homeownership report has revealed. But according to the study, these savvy millennials are more interested in owning a home than buying an investment property as current economic…
Confession: I would hate to be starting out as a property investor today. I’m just not sure it’s worth it anymore? There’s all the uncertainty about the future. Then there are costs and considerations that come with compliance alone are almost enough to make you want to throw in the towel before you even begin….
Media outlets have published various articles over the last week with a range of tantalising headlines that declares something along the lines of: RBA predicts up to 40 percent drop in house prices. Now, if you’re a first homebuyer or someone who is keen to get your foot on the property ladder, this might seem…
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…