The concept of strata or unit title is relatively new. Strata title came into being around 50 years ago and, according to the Strata Community Association (SCA), and other research, there are an estimated 270,000 such schemes encompassing more than 2 million land lots (with strata and community titles potentially closer to 3 million) in Australia and 2.2 million land titles in New Zealand.
Dreaming of a chateau in the south of France, coastal villa in Italy or even a hideaway in neighbouring New Zealand? Investing in foreign property often evokes dream-like scenarios, but the reality can vary markedly from idyllic visions.
Investing in property for the first time can feel daunting. If you make the right choice, your investment property can provide you with a second income stream for life. Poor decisions, on the other hand, might see you taking on overheads that you can’t manage without stress. Before you sign on the dotted line, here are four tips to help you make the right choice.
Getting your head around the ins and outs of property investment isn’t easy, especially with all those head-scratching terms you hear in the business. But never fear! Here’s a list in “plain English” list to help you find your way around all these jargons.
Finding a great property manager is crucial to the investment game. You can be a first-time investor or a property portfolio pro but either way, you want your manager to treat your rental investment as if it’s their own – and that’s just for starters.
You’re a nervous first-time landlord or you’re a pro investor to whom rentals are old hat. Either way, it never hurts to learn more about landlord ups and downs.
Investing in real estate allows you to strike rich, but only when you have the proper knowledge on how to make things work for you. You can go highly ambitious, but it cannot lead you anywhere if you are blindly walking down the road. Never assume that you know everything before you even start.
Conducting effective inspections is a key part of the journey to buying a home. You want to find a home that’s both a nice place to live and a good investment, and a thorough inspection helps to gather the information you need to make the best decision. This quick guide will equip you with the fundamentals you need to get this right.
For you to become wealthy, there are a couple things you need to do. Simply earning money is not going to help you break even. The most important thing you need to do is save the money you are earning. This way, you can easily start growing your money.
Scratching your head trying to reconcile your appreciation for both city and country? There is a way to have your country cake – and eat your city style too – and all while (possibly) enjoying extra cash on the side. Read on to find out more.