There’s been a lot in the news recently about negative gearing, and concerns have been raised over proposed changes to the legislation. But if you’re new to investing, you may be wondering what exactly gearing is? Gearing is the term given to borrowing money to invest – whether it’s in property or for other investment.
There has been a lot of development in the Newcastle area and there is lots more planned. Buying off the plan can be a great opportunity for both home buyers and property investors alike. However, like everything, there are also some risks. The Benefits Longer Settlement Period This means you’ll have time to save more.
Do you know your Amortisation Period from your chattels? Or how about Caveat Emptor? Every industry has its own terminology and lingo – and the property industry is no different. For the first time buyer, or property investor, some of the terms can take a bit of getting used to. We admit, the above examples.
One question we’re often asked by potential investors is which are the best suburbs to buy an investment property in. We could start listing some popular suburbs around Newcastle and Cardiff, or some of the areas being developed, however, we believe people live anywhere and there are always people who need to rent. Potential investors.
www.apnewscastle.com.au As one of Newcastle’s longest established real estate office, we believe in delivering outstanding service and creating new trends and practices in buying, selling, renting, strata and asset management. Our whole philosophy is just to help people. This is why we have gone back to our roots and we’re now operating as the independently.
