For most people, whether they are owner-occupiers or property investors, purchasing a property is not a decision to be taken lightly. For that reason, it’s important that you understand the process of making an offer, which will allow you to hopefully get the best deal you can. One of the final stages in the buying process is putting an offer in, however, there is a fair bit of groundwork you need to do before you get to that point. Putting an offer in on a property is a combination of understanding the value of the property and then negotiating to try and achieve the best outcome for all parties. Here are five tips for you to consider before making an offer on a property, whether it is going to be your home or an investment property.
In years gone by deciding whether to buy a first home or invest wasn’t a choice. When it was time to settle down and have a family, it was expected that you took out a loan and bought your forever home, where you could raise your kids and live until retirement. These days, the landscape has changed and younger generations are looking at the situation through a different lens.
Whether you have just purchased your first investment property or already own a large portfolio, there are ways to maximise your rental return. This infographic gives you five simple tips that can help you boost your cash flow.
The NSW government insists first home buyers are "back in the game" as a result of increased stamp duty relief introduced in mid-2017. Premier Gladys Berejiklian on Sunday said she was "thrilled" by figures which suggest more than 19,000 people accessed stamp duty concessions since the more generous regime was introduced in July.
This article has been prepared by our partners at Lawlab.
Property investment can be quite intimidating, especially for first-time investors. With some research, we have composed and answered the top 10 questions asked we receive from our subscribers. We hope you find it helpful.