Removation is one of the best ways to add value to an existing property. Many homeowners choose to manufacture growth by upgrading and refurbishing a fixer-upper to gain profit, a strategy that is especially popular in the current market. However, while most renovators focus on retaining...
The “A-word” is in the headlines a lot lately isn’t it? When we say that, of course, we mean affordability. Would-be homeowners in Sydney and Melbourne are finding it increasingly difficult to get a foothold in the market. The great thing is that plenty of potential property owners...
A new property investing strategy that focuses on an overlooked segment of the market is attracting attention for the high rental yields it provides, while also helping to ease the housing affordability crisis. The High Income Real Estate System (HI RES) involves the conversion of...
Did you know that back in the 17th Century tulips were seen as “assets” that could make you rich? In fact, according to various accounts, the demand for tulip bulbs in the Netherlands in particular soared from the early 1600s to 1633, when “Tulip Mania” hit...
LocalAgentFinder.com.au had over one million visitors and 65,000 registrations this year from property owners using the platform to review and connect with agents. This number is forecast to grow to 100,000 over the coming year. So why is the comparison platform attracting so many property owners? ...
The winner of the Strategic Investor of the Year in the Your Investment Property magazine awards this year is a person with more than 20 properties in her portfolio and a seven-figure net worth. As you will see, Crystal Palmer is an inspirational investor. What...
Discover how your tax situation is transformed A recent analysis of schedules prepared by BMT Tax Depreciation highlighted that 22 per cent of schedules were for primary places of residence (homes) which the owners turned into rental properties. This demonstrates a popular trend occurring in the...
Got tax queries regarding your property investments and wealth creation strategies? Our experts are on hand to answer them. Email your questions to: editor.yipmag@keymedia.com.au Q: We bought a house in October 2004 to live in, then moved out and rented it out from January 2007. We then sold it...
Commercial property owners remain unaware of their depreciation entitlements. According to Bradley Beer, the Chief Executive Officer of BMT Tax Depreciation, around 80 per cent of commercial property owners don’t claim depreciation and therefore miss out on thousands of dollars. “Claiming depreciation is paramount for commercial property...