The general rule of thumb is, once you have an investment property, you shouldn’t sell it. But if you are in a position where you have to sell, should you sell to your tenants? From a tenant’s point of view, they may already be thinking of buying a house, and if they like your property,.

With property reaching record prices, some property investors may be reviewing their finances and thinking about selling. Unfortunately, one of life’s certainties is tax, and if you’re thinking of selling your investment property, while the sales figures may look tempting, the tax on the capital gains might not be so inviting. Capital Gains Tax (CGT),.

Are there some life plan changes in the pipeline? Is your family expanding or are the children leaving the nest? Or maybe you’re craving a change of scene/lifestyle? Perhaps you’ve been eyeing off a few properties and imagining yourself living in them… While we all dream of living elsewhere from time to time, if your.

We’ve always said property stands the test of time, and even with all the challenges of the past year, property values have continued to go up. A recent update from property data specialist CoreLogic has revealed over the past year the strongest regional markets have been in New South Wales (29.8%). In the Newcastle area,.

There are a plethora of books and websites telling you how to make money from investing in property, but one key feature is developing the right mindset. To succeed in any business, you need the right mindset, and investing in property is no different; Going in with a halfhearted attitude or giving up at the.

According a recent ME Bank survey, 55% of Australians spent less than 60 minutes checking out the property they eventually purchase; this lack of inspection time led to just over 60% discovering issues with their property after moving in. Top post-purchase problems Overall, the top post-purchase problems included construction quality, paintwork, gardens and fences, and.

It’s always exciting to plan a home renovation project, particularly if you’ve been planning and saving for years. Every renovation project is unique, but the key to setting up a smooth renovation project is setting a realistic budget and timelines, understanding what needs to be done when, and communicating with your tradies. Whether it’s changing.

With the warmer months nearly upon us, many of us are probably wanting to lose a few of those lockdown kilos so we’re in shape for summer. As well as giving your body a makeover, now is the time to shape up your finances and get set to achieving your financial goals. Here are a.

From family and friend armchair investors to online forums, everyone seems to be an expert when it comes to property investment. Like any business, when you’re thinking about investing in property, you should take the advice from qualified and licensed professionals and specialists. And you do need a team of different specialists around you. But.