Go to http://www.yourinvestmentpropertymag.com.au/forum NOW!
Overheard on Your Investment Property forum:
“I'm currently studying at university and in my last year. I've managed to save about $10K working two jobs and living with my mum. Realistically, what can I buy with this deposit as an investment?” Matty
“Have you considered co-ownership or a syndicate? If you're keen to get into the market asap, this could work as a possibility - as long as you and your partners are all on the same page and it's all set out in writing.” Patchy
Is renovating my home a waste of money?
"I’ve always wanted to renovate a place myself but I’ve heard that quite often the amount you spend doing up the kitchen and bathrooms etc will cost you more than the profit you can make adding value. Should I think about adding an extra bedroom or stick to basics like a fresh paint job and landscaping the front yard? All advice would be most welcome! Thanks!" Kerry
"If it's an area that people want to buy in and there's no land people may pay a premium to get into the area so renovating may not be worth it. Look in your area at the price difference between renovated and unrenovated. Compare apples with apples. By renovated do they mean new kitchen bathroom or just updated?" Patchy
“…If doing a reno you want to get $3 for every $1 you spend (more if you are putting in labour yourself).” Addicted
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
Top Suburbs :
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out