Come July 1 the annual tax window opens again. Property investors may have access to a wide range of tax benefits, but tax is a complicated matter. It pays to be across the details. Here’s how you could maximise your return, and what to watch out for. Over two million Australians own at least one… Read more about Not so taxing: making the most of your investment property at tax time
The RBA’s decision to hold on interest rates gives us time to take a deeper look at what is going on. After all, there could be further cuts. What drives the decision making? What could send rates lower? To cut or not On the first Tuesday of each month, except January, the RBA board meets… Read more about Behind the curtain: what drives RBA decision making?
Who’s to blame for millennials’ struggle to buy a first home? The story says young Australians struggle to buy their first home, while their parents negatively gear investment properties. Are boomers to blame? Or do millennials’ habits keep them from owning property? Baby boomers have a 95% rate of homeownership, whereas, at the bottom of… Read more about Who’s to blame for millennials’ struggle to buy a first home?
After all the talk, October’s decision by the Reserve Bank to cut rates didn’t come as a surprise. The RBA’s call sent the cash rate to a historic low of 0.75 per cent, the third cut inside six months. The call was the latest attempt by the RBA to drive economic growth, and while much… Read more about How low can you go: making the most of record-low rates
Rentvesting – renting a property to live in while owning one or more investment properties – is becoming an increasingly popular way for Australians to get a foot on the property ladder. According to Property Investment Professionals of Australia (PIPA)1, 36% of first home buyers opted to invest in property and continue to rent instead… Read more about Five Things You Need To Know Before Becoming A Rentvestor
Rental yield – essentially the rate of rental income returned against the costs of an investment property is a great indicator of a property’s investment potential. But you need to keep things in perspective when you factor it into your decision to purchase property. Calculating rental yield A good first step in examining rental yield’s… Read more about Rental yields – what you need to know
When it comes to property investment, people tend to think of residential. But commercial property can offer some big advantages as well, either as a space for your own business or as an income provider. We examine the pros and cons of going commercial. From warehouses and offices, retail to car parks, there are some… Read more about Thinking of buying commercial property for rental? Here’s what to consider
There are advantages and disadvantages to managing your own property. Let’s look at why you may want to do it yourself and why you might hire a professional. Buying an investment property is a major commitment. A key decision for many investors is whether to manage it themselves or to hire a property manager. The… Read more about Is it a good idea to manage your own investment property?
Crunch time has come for property investors with June 30 fast approaching. If you are a property investor, you will know what a hectic time end of financial year (EOFY) can be. However, with a little forward planning, you will be well on your way to a smooth tax lodgement come EOFY. Read on for… Read more about Three must-knows for property investors to prepare for End of Financial Year
Knowing what a property is worth is central to avoiding paying too much for it. Set a benchmark Comparing nearby properties that have sold recently is the best way to assess an acceptable price for the property you are looking at and provides a valuable bargaining tool when you are negotiating with a seller or… Read more about How to avoid paying too much for a home
Urgent maintenance is an unavoidable aspect of being a landlord, so having a cash buffer set aside will help you deal with any unexpected problems. When renting out an investment property, having access to extra cash is vital for two reasons (1) to cover the costs of maintaining the property, giving it the best chance… Read more about Why property investors need savings
So, you’re thinking of buying your first residential investment property? There are a few things to consider before making the move. Here are our top 10 tips for avoiding potential difficulties and ensuring success. (1) Know your goal Understanding your financial objectives is key to finding the right investment property. The actual property itself is… Read more about 10 tips for choosing an investment property