Most investors have a story to share about their property and tenant experiences and have travelled the highs and lows of the market. However, there is more to successful investing than just buying properties. Following are five statistical indicators that smart property investors keep a close eye on when growing their portfolio. Demographics and people: Know how and why the general population does what it does, so you can have a greater insight into the...
What is the difference between ‘wear and tear’ and ‘damage’? It’s a conundrum faced by many landlords, agents and tenants, but why is it so confusing? Well, it is because there’s a very fine line been the different types of damage. Let us break it down for you… What is wear and tear? Normal wear and tear is damage that naturally occurs over time in an investment property due to use and ageing. It typically results from the tenant’s day-to-day...
Are you thinking about selling because you need cashflow or a short-term injection of funds? Have you considered refinancing your investment property? Sometimes investors can make poor decisions that are not supportive or beneficial to their long-term plan for capital growth and financial security (without looking at other options) when under pressure. Following is a thought-provoking overview of the pros and cons for selling versus refinancing. Selling | The...