The rooms you should renovate to maximise your rental returns When it comes to renovating specific rooms in your rental property for higher returns, some rooms will deliver better results than others. There are certain rooms in a home that, when in pristine condition, will maximise your rental returns. Projects such as updating […]
The Five Biggest Myths in Property Investment Today Ahh property. The great Australian talking topic where addictions to checking www.realestate.com.au are growing by the minute! But why then do most property investors never get past investment property #1? I suspect it’s because we don’t learn about investing (in any formal way) in our education and […]
Buying property in a self-managed super fund (SMSF) Using an SMSF to buy property has become popular in recent years, but you need to make sure you consider how buying through an SMSF may impact your investment. With the adjustments in this year’s Federal Budget to allow up to six members in an SMSF, this […]
What is Capital Gains Tax (CGT)?
By Sally Shaw in Blog with 0 Comments
What is Capital Gains Tax (CGT)? Capital Gains Tax (CGT) is a key area of tax that property investors should understand. While CGT may seem daunting, it’s not as bad as it may seem once you dig a little deeper. In this article, we detail CGT, including how to calculate it. CGT defined The CGT […]
The one principle that puts everything into perspective With the volatility seen in share markets this year, along with continued uncertainty in property prices, it could be easy to let fear influence your decisions when it comes to money and investing in 2020. While each recession has its unique catalysts, this year being no […]
Who loves Tax Time? (and who groaned!) Can I let you in on a secret? We have a little short cut for our property investor clients. A little cheat, if you will. You know what it’s like when you’re coming up to tax time, and you’re trying to organise your paperwork. And you’re going through […]
How many photos does it take to prepare a condition report? Here’s a clue… Its HUNDREDS! You know, before a tenant moves into your investment property, we prepare a condition report to ensure that your tenant leaves the property exactly the same way they found it (with fair wear and tear, of course). But […]
Do you know how to calculate monthly rent? You might be thinking that monthly rent is just 4 weeks’ rent, right? But, if your property manager tells you this, they’re shortchanging you as a landlord. It’s a little more complicated than just 4 weeks rent, but it’s a figure you need to know if […]
Social Media Vs Reality
By Sally Shaw in Blog with 0 Comments
Social Media Vs Reality We all know that real estate agents get a bad wrap for all sorts of things – often things like driving flashy cars and wearing fancy watches. However, here at Property Wise, the reality is a different story! Most days you’ll find us racing from property to property, emails thundering […]
Property Investors work with Professionals. The challenge with investing in property is that there are so many variables. And you can’t possibly be expected to know all the things. So, the most successful property investors have a few key professionals on their team: A mortgage broker – not just for the initial purchase of […]