Interest-only loans are the best value home loan for many homeowners and property investors. This kind of loan only requires the borrower to repay the interest charged each period, as opposed to making payments towards both the interest and principal. If you’ve decided that this kind of loan is the one for you, you’re now […]
First home buyer stamp duty recently got a whole lot more affordable – in one state of Australia, at least. Stamp duty is a significant expense when you’re buying a home. In most states and territories, homebuyers will pay around $20,000 when buying a property worth around half-million dollars. In Victoria, however, first home buyer […]
Want to put your children through private school but don’t have the money? Or perhaps you have the money to pay for private tuition, but you fear it means postponing buying investment property. The answer to both problems could be right in front of you, as buying an investment property could stand to grow your […]
Borrowing money that you can’t afford to pay back could end up seriously harming your long-term financial plan, and leave you with a range of nasty consequences. Asking yourself: How much can I borrow (home loan wise) can save you lots of stress down the track. To do this, you simply need to take the […]
Keen to know where to invest in property, but you have no idea where to start? Douglas Driscoll, CEO of real estate agency Starr Partners, offers property buyers his insights into the Sydney suburbs that he believes will boom – or in some cases, continue to boom – in the year ahead. Blacktown. A suburb […]
Accumulating an investment portfolio is an effective way to start building wealth, but how do you know when you’re ready to buy your first property? Have you ever wondered, can I afford an investment property to begin with? One thing is certain: the sooner you get into the game, the sooner you can start building […]
One of the most important aspects of property investing is working out your profit. If you can do this easily, you can quickly evaluate potential property deals, without wasting time on real estate that is never going to stack up. To calculate a property’s yield is a relatively simple equation. The yield is a measurement […]
One of the biggest investments you will make in your lifetime is buying your own home. Many people will spend hours or days researching the cheapest possible price for flights or hotel accommodation, but when it comes to researching the best home loans, they leave it up to chance – potentially costing themselves thousands of […]
For young people who are unwilling to sacrifice their inner-city lifestyles, the strategy of renting in the city in conjunction with buying an investment property portfolio could be the golden ticket.
Preparing your tax return is few people’s idea of fun: in fact, it’s usually a fraught time of year, with missing receipts and misfiled paperwork potentially costing landlords a mint.