For you’re a jolly good seller

Just a flourish with the paintbrush can put some wind in the sales.

It is possible to add $100,000 of value to some properties by spending just $10,000, provided you learn to do most of the renovation yourself.

Experts say few property owners who embark on a quick, cosmetic renovation achieve sky-high returns. It is more likely you will get back $3 or $4 for every dollar you spend, but only if you focus on maximising profit with minimum outlay and tackle these critical areas: Continue reading For you’re a jolly good seller

Are heritage homes harder to sell?

Heritage-listed property remain a contentious issue for home buyers.

Beautiful to look at and much-loved, they can also be a lot of work and cost to renovate or maintain.

Though many perceive period features as an asset for a property on the market, recent research suggests Australian buyers aren’t as wowed by ornate features as we may have thought, especially if there’s a heritage factor that complicates changing the property.

Only 12% said a heritage property would be a plus if they were looking to buy, while a whopping 60% said a listing would be a disadvantage. Continue reading Are heritage homes harder to sell?

Questions to ask at an Open House

Knowledge is power, so being armed with as much information as possible about a property is going to help you make an informed decision about any potential purchases.

What are the key questions to ask at an open home inspection to get the information you need without coming across as a desperate buyer?

Similarly, you don’t want the agent to think you’re a novice at the real estate game and that they can use your inexperience to their own advantage. Continue reading Questions to ask at an Open House

Andrew’s Column – Jan 2014

2014… and we’re off!

The holidays are over and the New Year is well under way.  I hope everybody has had a wonderful break and are looking forward to a busy and prosperous 2014.

In real estate, it is looking like the momentum, gathering in our market at the end 2013, is set to pick up pace. We have seen a lot activity throughout January in both property management and sales. Continue reading Andrew’s Column – Jan 2014

Don’t forget to claim Depreciation

There’s nothing more exciting than buying your first investment property and getting that first slip from your property manager to show your rent coming in.   However, rental income is just the start.  Around tax time, there are even more ways to help you pay off your investment – and one of those is by getting a property depreciation schedule that you can claim on tax. Continue reading Don’t forget to claim Depreciation

10 tips for getting started in property investment

When it comes to building a retirement nest egg for the future, property is still regarded as one of the safest long-term investments.

While some investors may want to buy a property and rent it out straight away, others may choose to live in the home while they renovate it. Investing in bricks and mortar can be a great way to create wealth, but there are some golden rules to consider before taking the plunge into property investment. Continue reading 10 tips for getting started in property investment

New Year’s Resolutions for the Property Owner

Every year people make their New Year’s resolutions.

Next year, you’re going to finally get in shape, start saving money or maybe even take that exotic trip you’ve been thinking about.

Here’s a resolution that might be easier for property owners to keep:  Make at least one significant upgrade to your rental property in 2014.

Continue reading New Year’s Resolutions for the Property Owner

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