In an article for Your Investment Property, Phil McCarroll talks about Government’s crackdown on hordes of illegal properties. The Federal government has now divested 19 properties since introducing its crackdown. Presently, 7 properties have been confiscated and their total price runs up to more than $10 million.
Some of the properties were compliant in the past but given the alteration to the rules of foreign property investment, they have become non-compliant and shall be divested, too. In short, there may be more forced sales in immediate future.
You can read the original article here.
Phil McCarroll writes an article for the website Your Investment Property where he talks about a big increase in residential listings for Sydney for the month of October. There is a 22.5% rise compared to September and the figure stands at 28,827. This is a three-year high and an 11.6% leap compared to the figure registered in October.
It is turning out to be quite a battle between teammates Nico Rosberg and Lewis Hamilton. Come the Brazilian Grand Prix on Sunday and Nico Rosberg will start ahead of any other contender from the starting point. In fact, it is the 5th time that Rosberg has grabbed pole position in as many attempts. Hamilton’s pole position in the Italian GP (Monza) was the last time he did so.
You don’t buy houses the way you buy your grocery or fuel for your car. Even the most extravagant investors do not add to their portfolio every day. Making a property investment is a tough decision, even at the best of times. For property investment decisions, Due Diligence is what the doctor ordered. After all, if you have to err, you have to err on the side of diligence. There are at least 4 aspects you need to figure out before making the purchase.
