Buying a Property With Existing Tenants: What Investors Need to Know
Buying a property with existing tenants can give investors an immediate rental income stream. It may also reduce the time and costs associated with finding a new tenant. However, an occupied property comes with existing agreements, responsibilities and potential risks. Before making an offer, investors need to understand the current lease, verify the rental income […]
Buying at Auction vs Private Sale in Australia: What Property Buyers Need to Know
QUICK ANSWER At auction, the highest bid at or above the reserve usually wins, the contract is unconditional and there is generally no cooling off period, so arrange finance and inspections first. In a private sale you negotiate the price, can ask for conditions such as finance or a building inspection, and a cooling off […]
Buying Property in Your SMSF: Rules, Loans & a Step-by-Step Roadmap
If you’ve ever thought about buying property in your SMSF, you’re not alone. Many Australians see property as a way to grow their retirement savings, and SMSFs give trustees the flexibility to invest directly in real estate. But unlike buying in your personal name, SMSF property investments come with strict rules, borrowing limits, and compliance […]
Is It Still a Good Idea to Buy Property in Australia?
Australia’s real estate market has long been a favourite among investors. But is it still a wise choice to buy property in Australia today? With rising property prices, fluctuating rental yields, and changing economic conditions, many are pondering whether now is the right time to invest in Australian real estate. Here’s a comprehensive look at […]