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RSSArchive for December, 2009

Purchasing A Property In The New Year?

Although the RBA seems to be of the opinion that consumer spending is proving that the country is in an upswing, the financial lenders have yet to join the party.
It is still difficult to arrange a loan and for this reason there are not that many people being able to bid at auctions for fear [...]

Using the right resources to get your answers

Using the right resources to get your answers

There are resources that you may or may not have heard of that property investors of yesteryear did not have a chance to use and they are Google Maps and Google Earth. These programs can be downloaded for your computer by putting either words into your browser and then clicking through to the link.
Google Earth [...]

Stamp Duty Calculators

Stamp Duty Calculators

A very relevant part of purchasing investment property is making sure that you have all your finances accounted for so that there are no surprises when settlement day arrives.
Stamp duty is a very real part of purchasing property and is charged by the state. There is no avoiding it if you are purchasing investment property.
To [...]

So What Is The Prediction For Property Prices In 2010?

So What Is The Prediction For Property Prices In 2010?

Who would dare make a prediction?  But what we can tell you is the recent history of house prices and it would be fair to say that the financial crisis did not strike the housing market as severely as was predicted.  As is always the case, there were some areas that fared better than others [...]

Looking After Tenants At Christmas Time

Looking After Tenants At Christmas Time

Christmas time is a time of goodwill and at what better time could a landlord show a tenant that they appreciate the fact that they are looking after their properties.
There are horror stories that circulate about tenants and the way they look after properties and there have been TV specials showing the amount of damage [...]

Wishing you all a Happy Christmas and a Prosperous New Year!

Wishing you all a Happy Christmas and a Prosperous New Year!

Another year comes to a close!
No need to go on a roller coaster these holidays!  We have been on one all year long!
2009 has certainly been a year to remember.  It has gone down in the history books and will be talked about in the finance world long after we have all departed.  ~
Looking forward [...]

Display Home Investment Properties for Lease Back

Two display homes for sale in Melbourne
The rental return is a guaranteed return of 7% for a minimum of 12mths up to a possible 5yrs! This is dependent upon how quick the land in the area sells out. Plus the builder does all of the maintenance during the ‘rent back’ period and before handing over [...]

Effects Of Land Tax On Investments

Effects Of Land Tax On Investments

Land that is deemed taxable is:
* Vacant land
* Land that is built on
* Lots in building unit plans
* Lots in group title plans
* Lots in a time share scheme
* Lots owned by a home unit company
How is land tax assessed?
The unimproved value of land is assessed quarterly on 1 July, 1 October, 1 January and [...]

Protecting Yourself When Going To Contract On Property

Protecting Yourself When Going To Contract On Property

It is always advisable to add a clause into a purchasing Contract that will allow you to get out of a Contract if necessary.
Few people would go to the bother of signing a Contract when they know that they intend to break it, but on the other hand few people are 100% certain that everything [...]

Understanding The Services Of A Quantity Surveyor Services

Firstly, it is amazing how many property investors do not realise how having a professional Tax Depreciation Schedule can save them money.   A tax depreciation report is lodged with the ATO and shows them the value of the property, any additional assets that have been added to the property in the past tax year, and [...]

Catching Up On Capital Gains

Catching Up On Capital Gains

Capital Gains Tax is a topic that even if not current for you, is often at the back of your mind when dealing with property investment so here is some information that may be of help to you.
Rent out your house and avoid Capital Gains Tax was an article written by Sarah Mills for Money.ninemsn.com  [...]

Property Investors Are About To Re-Enter The Market

Property Investors Are About To Re-Enter The Market

There has been an upward swing in the past couple of months of enquiries from people discussing property finance with a view to investing.  The price range of interest is mostly in the $350,000 to $420,000 bracket.
Another factor that has come to light is the upswing in interest of purchasing in medium to high rise [...]

Back To Square One And The Next Property Cycle

Back To Square One And The Next Property Cycle

The figures that have come out from Residex show that even though property suffered some losses due to the global financial crisis prices have risen sufficiently to claw back those loses and property prices, especially those in the capital cities, are back to the pre-Global damage.
This bodes well for property owners and investors alike.
Now that [...]