Property investment tip 36: Which parts of your property should you renovate first to attract more tenants and buyers?

It's a known fact that renovating your house or apartment can increase the value and attract more tenants and buyers. But with a thousand ways to renovate a property, where should you actually begin? I've renovated four properties, and have concluded that, there are three key features of a house and an apartment which have... Continue Reading →

Property investment tip 35: Is it better to buy a house or an apartment?

Some people believe that buying a house is a better investment because the real value is in the land. Over the long-term, land often increases in more value than buildings. Other people don't mind investing in apartments because they're more affordable, allowing you to buy properties in popular locations on a smaller budget. However, many... Continue Reading →

Property investment tip 34: Beware of buying properties with flat roofs

Roofs can be slanted or they can be flat. It's very important to get a building inspection report which details the state and age of the roof before you proceed with any property purchase. Repairing a damaged roof is one of the most costly expenses you can incur as a property investor – and I... Continue Reading →

Property investment tip 33: Interest-only mortgage or a principal and interest (repayment) mortgage: Which is better?

When you purchase a property, there are two types of mortgages you can select from: an interest-only mortgage or a principal and interest mortgage, which is also known as a repayment mortgage in some countries. What is the difference? ‘Principal’ is the amount you borrow from the lender. For example, I buy a $100,000 house... Continue Reading →

Property investment tip 32: 10 secrets on why you should not always trust your Body Corporate or Strata Committee

When you buy an apartment or a townhouse, as the owner, you immediately become a member of the Body Corporate, which is also referred to as the Owners Corporation in some countries. The Body Corporate is a 'group' made up of all the landlords who own property in the same building or complex. The Body... Continue Reading →

Property investment tip 31: Are holiday homes a good investment?

Every now and then, everyone dreams of that perfect holiday home. A place in the sun or winter sun by the beach, lake, mountain, forest or ski slope, to name a few. But are holiday homes a good investment? It depends. If you buy a holiday home for the enjoyment of your family and friends,... Continue Reading →

Opinion: Using Bhutan’s housing system to help people get on the property ladder

Have you heard of Bhutan? It's a kingdom and country in the Himalayas, in between China and India. The country is famed for measuring its national growth using the Index of Happiness instead of the GDP (Gross Domestic Product). It's also a country with one of the most interesting housing system I have encountered through... Continue Reading →

Property investment tip 29: 13 lessons learnt from buying property abroad

When a housing market becomes over-priced and too competitive, like Sydney and parts of London, you should consider looking for new property investment opportunities in other countries. Buying property abroad is a big step - which most people will never take. The lack of confidence and knowledge prevents many people from investing overseas. But confidence... Continue Reading →

Property investment tip 28: Can you get a mortgage if you have no credit score

Every lender will check your credit score as part of the mortgage application process. No lender will skip your credit check, so make sure your credit history is in good order before applying for any loan. Your credit score is a 'percentage' the lender assigns to you, which identifies you as either a 'high risk... Continue Reading →

WordPress.com.

Up ↑

%d bloggers like this: