Category: Investment
Claiming depreciation deductions on your own home
In difficult economic times, many property owners with spare rooms in their homes may be able to generate additional income by renting these unneeded rooms out to tenants (where appropriate), including family members and friends.
For those readers to whom this option might be of interest, I thought I would share the following piece...Read complete post
Australia’s best architectural projects
Being in the real estate industry, I often find myself in conversations with people discussing their homes, investment properties, renovations and the like. People like to get an idea about popular renovating trends and the best ways to add value to their properties, and frequently ask me about what I’m seeing with regards to the CENTURY 21 properties that are being purchased and sold. For those who are interested in the most impressive, innovative designs,...Read complete post
SA Government establishes urban development authority to oversee projects
Given the ongoing demand for residential property that Australia will likely face over coming years, it is excellent to see the progress being made in some areas of the country towards achieving not just the construction of new projects, but the redevelopment of otherwise unutilised residential space. Promise for such progress was seen in South Australia recently, where the state’s Premier, Jay Weatherill, announced the establishment of a new urban development...Read complete post
Making wise property investment decisions
For all intents and purposes, the theory behind property investment is fairly simple. You purchase a piece of real estate for an affordable, even undervalued, price in an area where both demand and values are set to increase and rent it out to generate an income. After holding it for a period of time, you go on to sell the property for more than you bought it for, making yourself a tidy profit. While numerous other more complex issues can come into play,...Read complete post
Insurance to Protect Your Investment Property
When you buy a property for investment purposes, you leave yourself open to the risks that arise when the property is rented out to tenants. It is therefore pleasing to know that there are various types of insurance policies to protect investors. The different insurance policies that are available for investors cover possible rental problems to varying degrees. Hence it is a worthwhile exercise for property investors to seriously research the different...Read complete post