National averages give you a decent impression of how things are going over the national scene. Yet, investors, who are worth their salt, will tell you why it may not be enough. You need to have a tight grip over the local dynamics before you think of property investment. Aren’t the reasons simple enough?
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High-end Properties May Be An Unwise Purchase
Capital cities across Australia are witnessing a reversal in fortunes of rental yield and this may be ample reason why investors should look warily at certain price brackets from here on. Those who have the dough to carry the deals look for the really expensive properties, often missing a crucial component called Due Diligence. If only they would research, they would find that the performance of some of these high-end properties might be nothing but questionable.
Busting a Major Real Estate Myth
The housing industry contributes in no less terms to the Australian economy and certainly no lesser since the government decided to cut down cash rate to take the economy away from the mining sector to the construction sector. We have the largest percentage of home owners across the planet and it is only natural that most of us have an opinion on the housing industry. This often results in too many myths percolating into our collective conscience.
Choosing a Mentor in the Property Market
There is no denying the fact that some of the real estate investors who call themselves experts are really so. This said, there are a few average investors who have also afforded to claim the same during the boom phase. So how do you filter the best from the also-rans?
Tips for Property Negotiations
We start to negotiate the day we are born. Our first cry in the cradle is a small negotiation used against our loved ones in the most beautiful ‘power struggle” of our life. Nowhere more do we manifest the skill for negotiation than when we deal with our staffs and suppliers, not to forget the clients.
Financial Error Regarding Line of Credit
If you have lines of credit and if, additionally, you have a property investment portfolio, there is a common and a frequently occurring error you should not forget about in a hurry. Certainly when the error can cost a great deal to rectify!
