When the time comes to sell your property, whether an investment or the family home, there are a number of small things you can do to achieve the very best result you can. The most important thing to consider when you are trying to sell you home is that if you want to get a price above what the market might consider its fair value, then you need to get multiple buyers competing. So what can you do to ensure your property appeals to as many people as you can?
The difference between good and bad debt is important to understand and recognise. Owning your own home, cars, dining out, and generally enjoying life, all costs money and may create debt. While debt is an essential part of everyday life, it can also wear out its welcome, and wear down your desire to dream for a better tomorrow. One of the reasons why so many Australians are restricted in their ability to achieve their financial goals is because they are simply ‘drowning’ in debt.
Despite experts suggesting house prices were going to see a sharp contraction in 2020, the latest data indicates the opposite has occurred. According to CoreLogic, house prices increased in value across the country in 2020, finishing the year 3.0% higher across the nation.
As demand for land increases due to population growth or residents wanting to live closer to the center of the city, subdivision has increased in popularity. Subdivision divides an existing area of land into two or more segments. This allows for separate properties to be built on these new segments.
Whether you are an aspiring property investor considering taking the plunge or a full time investor wanting to brush up your knowledge, this article gives you seven key property investing market fundamentals to consider.
Despite a challenging 2020, and the volatile property market that’s come with it, property values are finally creeping upwards, increasing across much of Australia. This marks great news for those planning to turn their home into an investment property, but organic increases in value are only one half of the story. It may be possible to increase the value of your home beyond the base market rate by making a few smart investments that not only boost property values but also reduce average days on the market. Here are five changes that could generate a significant return on investment:
This article identifies the ownership options available for investors when considering the journey of real estate investment. As each investor has different financial and personal circumstances some options will be more suited to you than others.
Many people will have set property investing goals for the new year and unfortunately, many will fail to achieve them. Others may not set any goals at all, because it is very easy to just live in the present without a set plan to move forward, which is an easy habit to fall into. Whether you’re a new or existing property investor, it can be incredibly beneficial to set property investing goals to guide your investing for the year to come. These tips can help you set your 2021 property investing goals and ensure you don't lose sight of them and are able to take the necessary steps to see them achieved.
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
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.
Real Estate Investar is part of MRI Software. We provide the tools, data and information you'll need to create wealth through property investment.