Archive for January, 2010
Improving The Value Of Your Investment Properties With ‘Outdoor Rooms’
I do admit that with this article I am referring to investment properties that are above the average house price and where people are paying above the average rent.
Having watched many TV shows on landscaping over the past year or two, I have come to love the idea of having ‘outdoor rooms’. When the children [...]
Are We Going To See The Return Of The Non-Bank Lenders in 2010?
2010 is going to see a change in lending from what has been experienced in the past 18 months. It is predicted that non-bank lenders, in other words, private lenders will return to the market and provide funds for borrowers, namely property investors, who are prepared to sign fixed interest loans for the long term [...]
Is it time for you to enter the property investment market?
Just about anywhere involving property investing at the moment you will see reports that investors are re-entering the market.But will this make a rush on the lower end of the market.Not likely, because in 2009 the lower end of the market was hit heavily with the First Home Owners grant which kept the market tight [...]
Land Tax in Queensland
Following is a chart with the Queensland Land Tax rates. For examples go to Queensland Treasury land tax. “Land tax is assessed on the taxable value of an owner’s total land-holdings.”
Rates for individuals (other than absentees, companies or trusts)
Taxable value
Rate of tax
$0–$599,999
$0
$600,000–$999,999
$500 plus 1 cent for each $ more than $600,000
$1,000,000–$2,999,999
$4,500 plus 1.65 cents for [...]
Checking on your credit report
Image by jessica mullen via Flickr
Don’t allow your world to be turned upside down by fraud.
Keeping up with your credit report is a good thing for many different reasons, especially when you are a property investor and some of these are covered below.
Financial lenders get printouts of your credit file whenever you seek additional finance, [...]
Understanding Capital Gains Tax
For starters, as most people are aware, there is no Capital Gains Tax on your principal place of residence. The Capital Gains Tax laws relate to properties investment income or properties from which you intend to derive an income.
* The first and foremost point to understand about Capital Gains Tax is that it is [...]
Queensland First Home Owners Grant
As of 1 January 2010 Queensland first home buyers who were purchasing properties in excess of $1M would no longer be eligible for the First Home Owners Grant. The State Government felt that the grant was there to help young Queenslanders enter the housing market and although the Federal Government First Home Owners Grant has [...]
How The Current Market Will Affect The Future Prices
The economic crisis caused several things to happen which will have an impact for property investors for years to come. Changes that have and will affect house prices in the next several years:
Government First Home Owners Grant
Substantially less land being developed and released
Property prices will go up and this [...]
Investing In Land Developments
It appears that the number of housing starts right across Australia has been on the rise for some time and the expectation is that 2010 will see some very strong demands in this area of residential properties.
The Australian Bureau of Statistics does however predict that figures will slow as there has been a slower rate [...]
6 Steps to a Property Portfolio Business Plan
What are the basics of a good business Plan when property investing?
a. Executive summary
b. Market analysis
c. Implementation plan
d. Sales/exit strategy
e. Financial forecasts
f. Future plans
Nice short headings aren’t they? But your business plan should be long and very detailed, down to the last degree.
6 steps to a successful Business Plan
Executive summary
The idea of the executive summary [...]
