Two segregate scenarios can develop at the time you buy an investment property. In the first one, you get a property, completely vacant, and you can either treat it as an ‘owner-occupancy’ kind or you can opt to rent it out over the next fortnight or so. What then is the second case?
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Allowing Pets Give Landlord a Bargaining Tool
We have seen modifications in strata bylaws recently and one which is most interesting is the permission to bring pets along. This can be a great boon for baby boomers in particular. After all, pets increase our passion for life and also contribute to a happy family scene (just so important at the later stage of life).
Recommendations for a Young Property Investor
Let me start by deflating your ambitions but do not worry I will wrap it up the right way. So the deflating bit- If you are at a tender age, the property market might not be for you at all. You can be better off investing your money in shares and managed funds. And now about the “wrapping up right” bit- I have come to understand that the best goals are set and best decisions are made at an unripe age. So there you go!
Low Vacancy May Pressurise Tenants
Rental market is tightening up all across New South Wales, with vacancy rates continuing to dip. Inner Sydney has already witnessed a two-year low- never before has it hovered around the 1.5% mark since March 2012.
Do You Fancy Stable Living Quarters or not?
The word that perhaps defines human attitude the best is ‘restless’. We strive to drive the tensions in our lives, and having done so, get so irritated by our new peaceful lives that we look towards creating tensions again. This subjective assessment holds true even when we talk about desired homes. Do we fancy stable living quarters or are we forever eyeing the new abode?
Five-year Plans Work Best
“Best dreams are those which remain unrealised”….I don’t remember who said it and why it is still lying with me. It oozes with escapist connotations, go-getters may even find it trashy and it looks good only to comfort forlorn lovers. Hey! I am getting carried away….why did I even begin this topic this way?
