One of the important decisions a property investor should make is whether to offer a furnished property or not. There’s solid demand for rental properties in Australia—for example, in New South Wales, around 30.8% of people rent rather than buy—and your choice will definitely affect how many enquiries and prospective tenants you’ll get.
When you’re searching for the perfect location for your next investment property, you might assume that choosing a capital city is the safest option. After all, cities such as Sydney and Melbourne are very popular investment locations, and they’ll remain so for years to come. That said, does that mean they’re the only option, or even the smartest option for your next investment property?
If you’re looking to invest in real estate, equity makes it easier for you. Whether you’re a homeowner or you’ve already acquired an investment property, the equity you’ve built up can be used to purchase your next piece of real estate.
No matter how old you are, planning for retirement should be close to the forefront of life planning. When thinking of retirement, most of us want to have enough financial capability so we can relax and enjoy it. We don’t want to think about working again or being a financial burden on current or future children.
If you want to be a successful, full-time property investor, or you simply want to secure your retirement income for the future, you need a solid property investment portfolio that aligns with your financial strategy and goals.