Investors become wary when rental growth of their neighbourhood begins to doze off or when rental yields for their city/state begin to suffer in general. However, such things may at large be beyond their control. What is certainly within their direct control is that their tenants do not rob them off or even behave in a frivolous manner. There are certain set of rules each investor (also likely to be a landlord) must observe.
Tracey's Property News
Modernist Designs Get Their Due
Modernist symbols like glass and steel can be procured cheaply by manufacturers and the fact that they lend to the needs of uncluttered spaces and purposeful designing makes modernism a much liked concept today. In an article for the website realestate.com.au, Holly Jones talks about how we have come to prefer clean and purposeful furniture placement, easy-on-the-eye illusion of space, and uncluttered look in our homes. All of these add to the level of sophistication.
The modernist idea also borrows heavily from the minimalist look- where anything not completely required is left out. Jones is right in her evaluation that this trend may be a direct result of the success of open plan living.
You can read the original article here.
How do you measure Modernist against Bohemian against Traditional?
Pool Fights with Extra Bedroom for Top Honours
I remember commenting on a Michael Yardney article which talked about the distinct tastes of Sydneysiders and Melburnians when it comes to choosing home features for themselves. Real estate constructors have been served well with the knowledge that “public transport access” and “shops in the vicinity” mattered more to Melburnians whereas ‘traffic’ mattered a lot for Sydneysiders.
Of course, the teeming multitudes of both the cities put “neighbourhood safety” right at the top in their wish list. In another article that works along the same lines, Holly Jones, writing for the website realestate.com.au, talks about what features on the property wish-list of Aussies in general.
Baby Boomers Might Change Investors’ Stance on Ground Floor Units
Take one look at the number of ground floor properties sold as against the non-ground floor properties. Take one look at the difference in purchase prices via the comparable sales report. Take one look at their rental rates. I bet you will find a stark difference. Ground floor units have not been perceived as a desirable purchase historically and this has its own sound reasons.
Micro-location of a Property Just As Significant
Investors love the ring of the term Capital Growth; the way the term melts in their mouth. Having said this, capital growth is not always there for the taking. Achieving it needs a few hard measures, a lot of Due Diligence and a disciplined, investment-oriented mindset. It goes without saying that you have to choose your property in right suburbs but is it all you need to do? Let us find out.
Seek Credit Cards for Home Renovation But Show Paying Discipline
Credit cards have increased our propensity towards debt but I dare to believe that our credit-savviness is a result of our own paltry attitude towards handling plastic money. Yes, credit cards can allow you that great buying leverage but if your line of thinking is, “I have to pay this amount in the future and future exists only in the mind”, you have got your maths utterly wrong. That day in the future will come at you at the speed of 60 minutes per hour and soon enough you will have to pay. If, however, you can be disciplined with this powerful tool, there is no reason why credit cards cannot become a weapon in your hand. Let me show you how it can help a renovator- one among its many uses.
