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Warning Signs to Alert You to Property Spruikers

Warning Signs to Alert You to Property Spruikers

It begins with an eye-catching advertisement promising you a once-in-a-lifetime, risk-free investment with above-average returns. You’ll be a millionaire within a couple of years. And if you still need convincing, it’s government approved! When confronted with this...

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The Renovation Basics

The Renovation Basics

The growing trend of real estate ‘flipping’ is becoming a staple of the Australian real estate market and the economy as a whole. ‘Flipping’ is a colloquialism coined to cover the process of purchasing a property, renovating and adding elements, and then reselling...

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Lazy Tax Costs Borrowers 47 Billion

Lazy Tax Costs Borrowers 47 Billion

Australians have forked out an estimated $47.6 billion in “lazy tax” over the past 10 years. That’s according to financial comparison company RateCity.com.au, which describes “lazy tax” as the penalty borrowers pay by keeping their mortgage with the Big Four banks,...

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Planning An Investment Renovation

Planning An Investment Renovation

The time has come. You’ve found your investment property, secured it at a decent price, and now you’ve got to figure out what comes next. Planning a renovation is a daunting task, and it’s hard to know where to begin. Having a plan for the renovation process is vital...

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Should You Use A Broker Or Go It Alone?

Should You Use A Broker Or Go It Alone?

For most people looking to buy a property, be it their own home or an investment purchase, it’s more likely than not that they will need to take out a mortgage to achieve their ownership goal. This means that potential buyers will face an early decision in their...

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Steps Landlords Must Take to Protect Themselves

Steps Landlords Must Take to Protect Themselves

Prevention is better than cure. Before you rent out your property, make sure you have the right insurance cover. According to Terri Scheer Insurance, the largest provider of landlord insurance policies, only one in five landlords has landlord insurance. Proper...

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Strategy and Patience Lead to Real Estate Success

Strategy and Patience Lead to Real Estate Success

Leading buyers agent Rich Harvey advocates a strategy-based step-by-step approach to building a property portfolio. He warns against being lured through impatience into “get rich quick” schemes, recommending instead a steady accumulation of quality real estate assets....

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New Vs Old

New Vs Old

Some novice investors swallow the developer’s narcotic lure and buy into a new project. Other investors won’t touch the shiny stuff. Defining terms Where do we draw the line between 'new' and 'old'? Picture a well gentrified market close to the city CBD with many...

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Renovation Guide: Unit Renovations

Renovation Guide: Unit Renovations

Houses aren’t the only type of investment property; in fact, when it comes to secondary real estate, individual apartments are the most common investment purchases, and are usually rented as a source of income. Apartments, or units, can indeed be renovated, but there...

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