With an ageing population in Australia, many property investors are looking for the best way to structure their investment properties to take advantage of these changing demographics. Investing in retirement homes and villas is one way to invest in property for the ageing population. Here are some ways you can invest in retirement properties. Indirectly via real estate trusts With around half of retirement villages owned by investment vehicles such as investment banks, one of the ways that you can indirectly invest in these properties is through real estate trusts.
29 July 2016
It's been 30 years or more since asbestos was used in the widespread construction of homes in this country. There are nevertheless quite a lot of properties still in existence that were built before the Second World War and were made with asbestos cement. Maybe you live in one of these properties and are considering some modifications? As you draw up your asbestos management plan, where are you likely to find these leftovers?
6 July 2016
If you're looking for a home to rent, then you're most likely dealing with a myriad of landlords and property management companies every time you're at a home inspection. Once you find a home you particularly love, you need to make sure that the property manager or landlord is impressed with you, so that you get the place. Follow these smart tricks to succeed. Be Prepared With Reports Of Your Background And Job
20 June 2016
Every homeowner would like a clean and healthy residence. This is especially true when purchasing a new home. However, despite analyzing the potential home on your own, you could still be in danger of exposure to mould and mildew. This is because these fungi can grow in hard to reach places, which may be difficult to access individually. Instead of risking exposure to these fungal spores, it would be ideal to opt for pre-purchase building inspections.
25 May 2016
Buying investment properties with the intent to lease them is a good way to earn added rental income, but you must find a way to make your property appealing to your target demographic. This guide aims to help landlords transform their investment properties into child-friendly havens to attract families for the short or long term. Construct A Small Playground In The Backyard Kids usually like to play in backyards, so it makes sense for landlords to incorporate small playground features for attracting families.
28 January 2016
Living in a rented apartment probably means that you have a clear contract drawn up to distinguish between roles and responsibilities of tenants and landlords. Landlords are usually responsible for undertaking emergency repairs caused because of faults in the home, while tenants are responsible for any damage caused by their lifestyles. If you have a plumbing emergency in your rental apartment, follow these actionable steps for getting in touch with your property management company like Verse Property Group or landlord immediately.
8 January 2016
If you own a house or an apartment in a unit titled property, you automatically belong to a body corporate. A body corporate is made up of made up of individual unit owners of property within a unit titled property. The members are charged with the management, maintenance and liability of the common amenities shared by everybody within these properties. These can be amenities such as swimming pools, playgrounds, parks or even car parking lots.
7 December 2015
One of the most exciting things about deciding to build a new home is knowing you can design the interior of your home to suit your specific needs. The main negative thought many first-time new home buyers have before entering into this type of contract is what happens if things go wrong with the home after the move in date. Unlike an existing home, defects may not be immediately apparent on move-in day.
13 October 2015
Investing in income property is a lucrative business. However, once you have your property ready for occupation, what next? Some people may not want to be bothered with the hassle of dealing with tenants on a daily basis. Opting to manage your property on your own may not only prove to be arduous, but it could also take your time away from any other business ventures that you may have. The good news is that you do not have to go at it on our own.
12 October 2015
Owning a large real estate property is especially rewarding as you take care of a young family, but when you're older and retired, large homes can prove to be daunting to maintain. There's so much to consider –– house cleaning, lawn maintenance, patio maintenance, painting, plumbing and all other repair work necessary to keep the house in good working condition. Once you've retired and all your kids have moved away, a large home may simply not be necessary, especially when you're not as agile to handle the maintenance.
18 September 2015