Thinking of buying a home or investing in a property? There is always that chance you end up buying a bargain property.
Buying for a much lower price, however, often comes with surprises. There are basically three terms you will hear when it comes to low priced properties in Sydney and elsewhere in the country:
Let’s have a look at these in turn, and what to be aware of.
At some point you may want to sell your current home or investment property. We all want to maximise the value of our homes.
It might be surprising to know that there are some renovation projects that can decrease your home dramatically. Hopefully, you still have not done any of these things.
Luckily, if you are thinking about improving your home, there are some renovations that can increase your home’s value quite significantly. Let’s have a look at what those are.
At the end of the article I will also share with you the biggest value killer.
Buying investment property is serious business.
Before you actually make the jump, there are several critial questions that you have to answer. Especially one of them is often overlooked.
You can read endlessly about purchasing property and real estate investments. Sometimes all that is required is a little perspective – something that can easily get lost in all the chatter.
So I decided to collect some of the most inspiring quotes to grow your real estate portfolio and wealth. Hang these up on your wall or bathroom mirror.
Never lose sight of your bigger goals.
One of the biggest risks of purchasing property is cash flow. Loan repayments, specifically, tend to be an intimidating factor among interested real estate investors.
Why? Because unforeseen circumstances could ultimately lead to investors losing their portfolio.
This could be prompted by unexpected job loss, or if and when serious health issues come up that prevent you from earning our regular income.
To help address these very real risks, it’s important that you are prepared. Safeguard your property portfolio. Following are some key points that eveyr property buyer should keep in mind:
2016 was a great year for the real estate market in Sydney—and it looks like 2017 is poised to be even better.
Investments saw major returns by way of soaring prices, low interest rates, and a lower Australian dollar. All of which contributed to draw both local and foreign interest into the Sydney property market.
But as they say in real estate: location is everything. Where you put your money will define the value of your investment, and how much you will get out of it.
So let’s look at how Sydney is likely to perform in 2017 and over the coming years.
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