Property
Whether you're a home buyer or investor, it's likely that acquiring a property will be one of the most important decisions of your life. It can be an exciting but also a stressful time and doing your research and planning can give you real advantages in the market. Understanding just what it means to purchase, finance and manage a property can put you on solid ground.
Investing
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Pros and Cons of property investing
By Wealth Know How in Property
Many Australian investors like to invest in residential property, and there are good reasons for that. Residential property has been a strong long-term performer, comparable with the sharemarket, although the dividends from shares return more than net rents, and are more tax-effective. But if you borrow to buy an investment property, interest on the loan and most property expenses can be offset against rental income, for tax purposes.
Buying an investment property
By Wealth Know How in Property
Property is a location game: where and what you buy could affect your return on investment. When you're considering where to buy, you should ensure that you stick to property markets that you’re familiar with. Try to look for areas where high growth is expected, and areas where rental income is high compared to the property value.
Costs of buying an investment property
By Wealth Know How in Property
There are a lot of things that go into buying an investment property – some that come readily to mind, and others that can be a nasty shock as you go through the process. Buying, selling and managing an investment property can be costly and will affect your overall return. When you buy a property, you will have to pay many bills.
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Managing an investment property
By Wealth Know How in Property
You have two options when it comes to managing your property: you can do it yourself, or engage a managing agent to do it for you. If you manage the property, you can avoid paying management costs – but for that saving, you will have to do everything, from showing the property to tenants to collecting rent and organising repairs. You also need to comply with landlord regulations. Work out objectively just how much that trade-off between being your own manager, and not paying management fees, costs in terms of the added hassle. Perhaps it costs more than the actual management fees. Remember, if your tenant complains that the oven is not working or the shower starts leaking, you need to fix it straight away
Pros and Cons of property investing
By Wealth Know How in Property
Many Australian investors like to invest in residential property, and there are good reasons for that. Residential property has been a strong long-term performer, comparable with the sharemarket, although the dividends from shares return more than net rents, and are more tax-effective. But if you borrow to buy an investment property, interest on the loan and most property expenses can be offset against rental income, for tax purposes.
Buying an investment property
By Wealth Know How in Property
Property is a location game: where and what you buy could affect your return on investment. When you're considering where to buy, you should ensure that you stick to property markets that you’re familiar with. Try to look for areas where high growth is expected, and areas where rental income is high compared to the property value.
Costs of buying an investment property
By Wealth Know How in Property
There are a lot of things that go into buying an investment property – some that come readily to mind, and others that can be a nasty shock as you go through the process. Buying, selling and managing an investment property can be costly and will affect your overall return. When you buy a property, you will have to pay many bills.
SMSF
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Structuring the financing of the residential property inside a SMSF
By Wealth Know How in Property
James Dunn explains the key issues in considering borrowing for your property investment. While arranging finance can bring residential property for your SMSF within reach for many investors it can be a double-edged sword, it's important to not only understand the potential advantages and pitfalls but also your obligations.
How to select an investment residential property
By Wealth Know How in Property
If a property investment is right for your SMSF, then this video may help you understand what are your choices and very importantly the rules governing this kind of investment. There are many issues, including being able to demonstrate you've 'done your homework' before buying, click on this video to find out more.
How to determine if an investment in residential property suits your SMSF
By Wealth Know How in Property
This video looks at how you might go about determining if property investment suits your SMSF. James Dunn looks at the advantages and disadvantages for property investing and whether it might suits your investment strategy needs. There are a number of factors to be considered before making a decision so have a look at our video.
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Why use residential property as an asset class in SMSF
By Wealth Know How in Property
Residential Property is a very popular topic and we look at this asset class for Self-Managed Super Funds (SMSFs). Many investors really like the fact that they can bring their experience in property investment to their SMSF. In the first video of the series, James Dunn explains the appeal of this type of investment such as stability and capital growth. Depending on your investment strategy and time horizon James provides a perspective on just why this might suit you.
Structuring the financing of the residential property inside a SMSF
By Wealth Know How in Property
James Dunn explains the key issues in considering borrowing for your property investment. While arranging finance can bring residential property for your SMSF within reach for many investors it can be a double-edged sword, it's important to not only understand the potential advantages and pitfalls but also your obligations.
How to select an investment residential property
By Wealth Know How in Property
If a property investment is right for your SMSF, then this video may help you understand what are your choices and very importantly the rules governing this kind of investment. There are many issues, including being able to demonstrate you've 'done your homework' before buying, click on this video to find out more.
How to determine if an investment in residential property suits your SMSF
By Wealth Know How in Property
This video looks at how you might go about determining if property investment suits your SMSF. James Dunn looks at the advantages and disadvantages for property investing and whether it might suits your investment strategy needs. There are a number of factors to be considered before making a decision so have a look at our video.