Things have certainly become better for average-earning households looking to borrow money for their homes. The pace at which they have been repaying the amount today places them really well with the repayment schedule. This, in a good number of cases, also provides them with a mortgage buffer sufficient enough to see them through periods of low income or unemployment.
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Is Buying Property With Sibling a Good Idea?
People have bought properties with siblings in the past and it is something they do even today. Big deal! Is it not a nice way to accumulate equity, fetch rental income and live free of cost as an owner-occupier at the same time? So, what should your life and situation be like to come out a winner from this co-ownership agreement?
Should You Buy Investment Property in Sydney in Spring?
There are certain questions for which the answers are never too direct or conclusive. I have often been asked whether spring is the best time to buy investment property in Sydney. You tell me! I can give you a good reason why it is and why it is not. Anyhow, let me discuss a few statistics with you before sharing what I feel about the question.
How To Maximise Rental Returns of Investment Properties
In my career, I have often been asked what kind of properties I associate with high rental returns. While there is no conclusive answer to this one, I feel that properties in good neighbourhoods of inner suburbs will never deceive you in terms of rental returns. This despite the volatility of the market!
What Errors Do Landlords Make?
You can go wrong with your ambitions of positive cash flow despite sealing a great investment deal and procuring a wonderful tenant. Often, the error is a miniscule one but it costs a fortune. Let us try and figure out a few of them.
Investors Must Double-check Insurance Policy
As a landlord, you would definitely want to cover yourself for damage caused by malicious intent of the tenants. However, would you want to forego cover for accidental damage? Not really! This is why it is crucial that investors (read landlords) do not take a bargain, sub-standard insurance for themselves.
