A proven way to property investing success is to set yourself some clear and measurable goals. So whether you are an experienced property investor or new to the game, these tips will help you set your goals for this year and ensure you don't lose sight of them until they have been achieved.
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Frequently asked questions investors should know the answer to.
Many investors look for property to offset their income tax, to have a long term asset, they like dabbling in real estate or they want to secure their child’s financial future.
Tenants seek out the same features in properties as buyers do: visually enticing, well-maintained, functional, close to amenities, transport and schools.
Many investors choose not to engage a property manager for their investment property, thinking once a tenant is under a tenancy agreement the asset will handle itself.
Banks have had to cancel some preapprovals for investors, which were issued before the recent change to loan-to-value restrictions.
The Reserve Bank’s new investor-targeted LVR rules come into effect on 1 October, but there are solutions to the restrictions for investors willing to think laterally.