Property Investment, Investment Properties, Retirement, Melbourne
by Jay Anderson
This is a question that will come up again and again in your property investing career. You need to consider this when thinking about buying a property, when first renting it out and every time there’s a rent review or vacancy. So, how do you set a rental figure? Rough and simple Dave likes things ...
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
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 an interesting question. You may have heard that investing in property is a good way to hedge against inflation. When inflation is high, many forms of investment (stocks, bonds, cash deposits) tend to return lower profits. Investments with real intrinsic value (gold, oil, and, to some ...
by Jay Anderson
We’ve mentioned before (here and here, for example), that you should be prepared for a long-term investment if you are getting into property. Here, let’s talk about why property pays off in the long term, but not necessarily in the short term. Economies work in cycles – large patterns of repeated ...
by Jay Anderson
Yield in property investment usually refers to the purchase price divided by the annual rent. For example: You are looking at a $370,000 property. It has a weekly rent of $320, which equates to an annual rental income of $16,640. Calculated as a percentage, this equates to a rental yield ...