While property predictions remain positive, leasing your home as an investment property could be a smarter move than selling.
Rising property values mean you are building home equity; a valuable resource that can be used to renovate your home, buy an investment property or fund that round the world trip.
It’s always tempting to invest in your local area – after all, it can be very handy to have a rental property a short drive or even a brief stroll away from home.
Each Sunday John Symond answers one of your questions – this Sunday we’re looking at Landlord’s Insurance.
Big increases to rent are unlikely to be achieved inexpensively, but there may be some things you can do to maximise your return that won’t cost you the earth.
Online property sites offer a good idea of market rents for your area. If your rent looks a little lean, ask your property manager for a ‘please explain’. There may also be some simple ways to boost your rental return.
There is still time to pay property-related expenses that could boost your tax deductions for the current financial year. Think about undertaking, and paying for, any repairs that could be completed before 30 June. Check if your landlord’s insurance could be renewed and the premium paid before the end of the financial year.
Each Sunday John Symond answers one of your questions – this Sunday we’ll help you find out some important things to know about overseas property investment.
Have you ever wondered why on earth your home insurer wants to know the strange things they ask? You are not alone, so here I explore some of those questions and reveal why they’re being asked.
Buying an investment property or investing in commercial property is a big step, making choosing a property manager a very important financial decision. Here’s how to find a property manager who’ll take great care of your investment.