It's tempting to throw out the property investment 'to-do' list when December comes around, with the best of intentions, to give it another go next year. If you ticked off your goals this year and grew your portfolio successfully, congratulations, it's time to put your feet up! However, if you didn't quite manage to do everything you wanted to do with your property in 2020, then maybe it's time to take some action while everyone else is winding down? Why not throw a little investment preparation in amongst the festivities this holiday season? You'll have the time, and it may just give you an excuse to escape the house guests for a little 'me' time!
Despite the negative headlines early in the year, house prices across the country have continued to rise with experts signalling there could be more gains ahead in 2021.
Purchasing a good development can help you gain a positively geared property for your portfolio. Here are some factors you should consider in your research and due diligence.
The great thing about investing in property is that there are a multitude of ways that everyday investors can make money. There are different property investment strategies that can be used, depending on what your goals are and what you’re trying to achieve. These strategies can also be used on a range of different priced properties in different locations, meaning that there is always a strategy that you can use in most market conditions to help achieve some great returns. Here are five property investment strategies that you can consider using on your next property purchase.
Raising the initial capital to buy into real estate can be difficult for some investors, so can tempting to bypass identifying professionals whose help will be needed. Real estate investment is much like running your own small business. Whether you have 1 or 100 properties in your portfolio, you will need to make decisions about tenants, property management, and maintenance and keep thorough records of all transactions and dealings.
Prospecting for new, feasible development sites is hard. Which is why Real Estate Investar is excited to be partnering with Archistar. We aim to make identifying and assessing small scale property development opportunities as quick, painless and accurate as possible. We are thrilled to be adding Archistar's deep-dive property development software to our already powerful suite of tools to make property development easier for investors. Level the playing field and use the same platform that Mirvac, Frasers and other major property developers are using to assess their next site! Real Estate Investar members will have access to the Archistar "Starting Out" package with the following features: National access Find Sites - search, site details, filter and digital planning library Map Visualisations - base package which includes zoning, overlays, heritage, building height, contours, flooding, bushfire and basic satellite imagery Assess Sites - quick estimate (residual land value) and due diligence reports Domain Listings and Suburb Insights Commercial Real Estate Listings
There is no way to guarantee that the property you buy will increase in value, but in order to increase your chances, you need to carry out detailed research on the property you are interested in and the suburb it resides in.
Subdivisions are a great strategy to manufacture equity and provides property owners with a number of options - land banking, sell the land or build to sell and/or hold. Read more about 2 lots on 1 title lots and also download an exclusive free suburb report identifying suburbs with the highest percentage of listings for sale with 2 lots on 1 title
An excellent property manager can be an important asset to your property investing team - so choosing the correct one is a crucial decision that you need to research thoroughly. If you're planning on managing your property yourself, you should be aware of the common pitfalls too that you will need to avoid.
Managing your own property instead of using a professional property manager can save you 5-9% of your weekly income, but you’ll need to be aware of the legal implications, tenancy legislation and paper work to avoid the pitfalls and common mistakes.
The resurgence in the Australian property market has continued in October, with dwelling values increasing in all states except Victoria.
There’s been plenty of attention on this week’s Federal Budget after Treasurer Josh Frydenberg put a clear focus on creating jobs and lifting the economy out of recession. However, was there enough in the budget to help property markets?
While Australian property presents itself as a lucrative, retirement-securing investment strategy, first purchases are generally the confirmation that this may not be the walk in the park you hoped for. Deciding what to buy and calculating growth trends are just the iceberg’s tip when it comes to researching and purchasing an investment property. Here are five mistakes both rookie and veteran property investors make and how to avoid a disastrous start to the pursuit.
September marked a striking turn in housing market sentiment; consumer confidence increased, new listings rose, and six of the eight capital cities recorded a rise in home values over the month, according to the Core Logic Home Value Index.
In the current climate, we are starting to see a big push away from CBDs, with both investors and homebuyers looking to regional areas and even interstate to find properties. With the low level of stock on the market, it is causing a number of buyers to put in offers on properties without ever seeing them. For many people, the idea of buying property sight unseen could be a scary proposition, however, there are a number of things you can do to make sure you’re mitigating any risks.