Property Investment, Investment Properties, Retirement, Melbourne
by Jay Anderson
Interest rates are set to remain stable for now, but many economists think they may not stay steady for long. Indeed, interest rate increases may well be on the way. ME Bank’s latest Household Financial Comfort Report finds, though, that 19% of those surveyed haven’t budgeted for an interest rate ...
by Jay Anderson
According to Australian Brokers Online (5 Mar, 2015), almost half of home owners recently purchased or intend to purchase an investment property. Lonergan Research conducted a survey of over 1,000 home owners for The Commonwealth Bank and found that 47% had recently purchased, or intend to ...
by Jay Anderson
The Wealth of Common Sense blog recently published a great post on what matters and what doesn't in investing. It’s aimed at general investors, and some of the advice rings true for property investors, too. Here’s our take on what matters and what doesn't matter in property ...
by Jay Anderson
How soon can I increase the rent on my property? How often? There are two hard and fast rules around frequency of rental increases in Victoria: 1. If you have a fixed-term tenancy, you can’t increase the rent until the end of the lease unless your lease has a clause allowing rent ...
by Jay Anderson
It’s often worth looking at what’s happening in property investment overseas. Our neighbours across the ditch, for example, have come up with some interesting developments including setting a maximum LVR of 80% for at least 90% banks’ home lending. In another controversial move, the New Zealand ...
by Jay Anderson
a A client has just been told that their long-term tenants are moving out. Last time the property was vacant, they had an empty house for two months. They want to know how to avoid such a long vacancy this time. Other than making sure their property is weather-tight and tidy, what can landlords do ...
by Jay Anderson
Many landlords automatically dismiss tenants with pets. They would prefer not to deal with the potential wear-and-tear issues, including damage to carpets, smells and scratches. Dogs, especially can leave smells, dig up gardens and annoy neighbours. It might, though, be worth thinking beyond the ...
by Jay Anderson
Hopefully, by the time you are ready to retire your investment portfolio will hold a healthy level of equity. Should you use that equity to pay off the mortgage on your personal home, or should you leave it in your portfolio? It depends. If you move it to your personal home you will lose some tax ...
by Jay Anderson
This is a common question from clients new to property investing. It sounds like a very simple question, doesn’t it? Here are the two most common ways to make your real estate money grow: Cash flow. This is the difference between the rent you earn and your outgoings. The goal here is to make ...
by Jay Anderson
A client is selling his investment property to free up some equity so he can buy into another investment opportunity. He’s asked whether he should try to sell as a private sale, or get a real estate agent. Which way to go…auction? Tender? Private treaty? The answer will depend on your individual ...