Michael Yardney writes an article for Property Update wherein he says that not conceding one’s mistake is inherent to human nature. However, when it comes to real estate, they can avoid a lot of pain and monetary damage if only they acknowledge their mistake the moment they commit them.
Phil McCarroll writes a piece for the website Your Investment Property where he talks about the wishlist of prospective tenants. He believes that there is a definite departure from the past in terms of what tenants are looking for in a house.
Over the last few years, Australia’s economic growth hasn’t been anything that’s worth talking about. Australian housing market, however, has made many investors very happy. A year to end-Quarter 3 2015 analysis reveals that house prices shot up by 11.4% across the eight chief capital cities of Australia. This ‘nominal’ rise can be seen as a 9.72% ‘real’ or inflation-adjusted rise.
This year to year increase, says the Australian Bureau of Statistics, (ABS) is the highest recorded since the second quarter of 2010. All, however, may not be good with Sydney real estate in particular and the Australian housing market in general. Let us dissect the residential property market and also find out that one major threat which may especially push Sydney further down a number of steps.
Moving into a new home is, without a doubt, one of the proudest and happiest moments in a person’s life. Moving in, however, is hardly the first day in the calendar of the home acquisition process. For this day to come, many things have to fall in place first. Buying a home can be a rewarding adventure but the process, in itself, is one which you have to be very diligent about. Each step of the way, there can be hidden traps waiting to give you a sucker punch.
A fraudulent title deed, a strange encroachment, a structural deficit, an overtaxing mortgage structure or a ‘bad’ property could be some of those traps you wanted to avoid. If you can take up the challenge step by step, there is a great chance you will reach the other end of the property purchase process successfully. Let us look into 11 steps of buying a house and also find out that one particular aspect which can become most burdensome for buyers.
Investing in real estate for fun is one thing. Carving a successful career for yourself in this field is quite another. A vast majority of real estate investors fail and do not go into their third or fourth properties.
But there are also countless stories of people who were able to make money by investing in real estate. What sets them apart from others is their ability to understand what property investment is all about.
If you’re to looking to grow your money, why not give real estate investment a shot? Who knows, it might just hold the key for a better financial future for you and your family.
Privacy Policy | Terms & Conditions | Disclaimer
