The year 2014 can bring really good tidings for the property market, writes Peter Kouilzos for the website realestate.com.au. Opportunities for property investors won’t come into being due to any extraordinary capital growth but will arise out of the present environment of low interest rates.
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Techniques of Achieving Property Goals
“If you were born without wings, do nothing to prevent them from growing”….not only do I love this line, I dare say that I treat the word ‘wings’ much more than metaphorically. For me, our goals are what tie us to the salivating proposition called ‘peace’ and how we achieve them has a lot to do with who we are. Having given my life to the world of properties, most of my big, small, and medium goals have been related to the property world.
Behave As A Landlord When Renting To Family
I feel that the path which mixes personal life with the professional is among the most difficult paths to tread. Yet, willingly or otherwise, we let the paths converge at times. An instance- landlords often have to take the tough decision of renting to their own family. At times, it might even be out of sheer love and quite a fancied decision.
However, it might be bent; there is no denying the hassles which can raise their ugly heads on a later day. Let me share with you a few tips to lessen any emotional or financial damage that such an arrangement can bring.
Landlord Syndrome: A Barrier to Smart Investment Strategy
In an article for the website EBG, Larry Arth asserts that an investor should primarily aim to be just that- an investor- and not a landlord. He also suggests that oftentimes, the landlord mentality turns out to be a mindset crime most of the investors cannot completely cast away.
Beware Of The “Demolition” Verdict On Your Old Strata Complex Unit
NSW has displayed great momentum whether you talk about the new dwelling construction figures, median housing prices or the off-the-plan projects. It also carries the present darling of the crowd, Sydney, in its cradle. All this will definitely make you interested in buying in NSW. However, if you are planning to buy an old unit lot, you will have to contend with changes in the strata by laws. Let me try and give you insight into how they may impact your buying approach.
SMSF Investments In Residential Properties – A Mixed Blessing
Data furnished by the Reserve Bank of Australia in September reveals that nearly $18 billion in Self Managed Super Funds (SMSFs) is invested in the residential real estate. This, as a ballpark projection, represents nearly 3.6% of the total SMSF kitty (evaluated at roughly $500 billion).