Opinion: How many properties do you need to own to retire early?

Logic tells us that the more properties we own, the more rental income we can make, and the more capital gain we can accrue. When you accumulate more wealth, in theory, you should be able to retire earlier. But the reality is most people cannot buy properties endlessly. So how many properties do you really... Continue Reading →

Property investment tip 38: How much rent is your property worth?

Many landlords assume the monthly rent charged for their investment property should be on par with the rental prices of neighbouring properties in the same location. Such landlords are limiting their rental income potential. Don't be one of them. On the assumption that your property is in a well-maintained state and you are not in... Continue Reading →

Property investment tip 37: Don’t assume your property manager or strata manager is always there to help you

The property manager, who is also referred to as the strata manager in some countries, is often the main point of contact for owners and tenants of apartments and houses in multi-unit complexes. And so, many people mistakenly assume the property manager is responsible for fixing problems with the building and the communal areas. This... Continue Reading →

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 →

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