Where possible, invest in a brand new property to save the maximum amount on tax.Depending on your situation, buy “off the plan” to save maximum stamp duty.Buy in an area with a low vacancy rate. These properties are typically easier to rent out.Invest in property where the holding cost is low. In most scenarios, this cost would sit between $10 - $50 per week.Don’t purchase a property that is very…
Golden Rule #1: Money that you invest must be absolutely safe. Residential properties in Australia that are held over the long term are some of the safest investments you can have. Banks typically lend up to 90% on residential properties as they know the properties are reliable, and, as such, it is far more likely that the bank will lend money to secure the purchase. Golden rule #2: Invest in…
1. You will become wealthier through capital growth. 2. You can save thousands of dollars on tax and legally reduce your tax to zero. 3. You can claim on depreciation, which is another form of tax advantages. 4. You receive passive income, allowing you to be debt free and financially independent. Our strategy is to invest in high capital growth properties with low holding costs. Over time, the property will…
1. Buying a property close to home. Sure, it may be a good investment, but it probably isn’t the best investment. Take your personal emotions out of the equation and start thinking about your property location/s strategically. 2. Buying at auctions. To put it simply, paying more than what everyone else is bidding is not smart investment. Sometimes, auctions lead people to spend up to $80,000 more than the property…
We understand that any investment has its own set of risks. Life is not about avoiding risk, but about taking calculated risk. Knowledge is power, when you have more knowledge, you are more capable of making an informed, successful decision. When it comes to property investment, it pays to speak with an experienced investor before making any final decisions. Investment strategies such as buying house and land packages “off the…