Tag Archives: investment property

Rent + Deductions = Money in the bank

Mudgee home owners increase income by renting out rooms in their homes

Did you know you can make money from your home without selling it?

Some home owners in the Mudgee district, for example, are increasing their income by renting out rooms within their homes.

This has occurred in response to the population growth in the area resulting from the mining expansion, with a corresponding rise in the demand for accommodation. Continue reading Rent + Deductions = Money in the bank

A portfolio with your first pay packet

Profits and peace of mind await young investors.

Buying a property in your early 20s is one of the smartest decisions you will ever make. Not only will you get a jump-start on building wealth, you also won’t be left struggling to pay off a mortgage later in life.

According to recent studies, the earnings of most Australians peak at the age of 48 and yet many people today still have a large home loan well into their 50s. Continue reading A portfolio with your first pay packet

Preparing To Buy An Invesment Property At Auction

Buying a property at auction can be a stressful event, even if you have done it once or twice before. It is the fact that there are other people there to compete in price for a property that you have already decided you would like to buy.

That is one of the reasons why people take properties to auction – to create that emotion and build that feeling in the buyers that they may miss out; moreover it is in our nature that once we have decided we want something, we’re very likely to go after it.

This is why it is so important, as an investor, to be well prepared beforehand. Continue reading Preparing To Buy An Invesment Property At Auction

Aussies make a New Year real estate resolution

The New Year is a chance at a fresh start for everyone and a time where most Australians declare the one thing they’d like to resolve over the course of the coming 12 months.

Resolutions vary from anything like taking an overseas trip to buying a new car but how does buying a property rate on the revolution scale? Continue reading Aussies make a New Year real estate resolution

Holiday homes – bliss or burden?

A getaway shack by the sea sounds good but sometimes the numbers don’t stack up.

It’s that time of year again when Australians flock to the coast for much needed rest and recreation.

Seduced by the lifestyle, many will dream of buying a holiday home in their special magical spot – a place they can call their own.

For some the reality will measure up but for others it could turn into a financial headache.

Continue reading Holiday homes – bliss or burden?