“Flipping” might be the new word on the block but Australians have long been part of the reno revolution. Some are looking for fast returns (the flip), while others are upgrading after being in a home for several years. Whichever your strategy, chances are the goal remains the same: to renovate for profit. Here are Haven’s tips to ramp up your returns.
With the number of first home buyers in the mortgage market continuing to languish near record lows and property prices peaking 1, it’s clear first home buyers need a savvy savings strategy to round up a deposit.
You’ve dog-eared magazines, spent countless weekends at display villages and finally made the bold decision to build rather than buy a home. While choosing where and what to build are exciting and giant steps, you might not feel as enthusiastic about the necessary building contracts and approvals. But knowing your legal rights and responsibilities will help protect your investment and remove potential pain points in the construction process.
It’s a perennial question when it comes to real estate: should you sell at auction or via private treaty? Some sellers prefer the predictability of setting a price, while others are prepared to let their property go to the highest bidder.
June 30 signals the end of another financial year. There’s still a little time to get this year’s finances in order or take the opportunity to make some resolutions about how you manage your money from July 1.
If you have seen the movie Money Pit, in which Tom Hanks and Shelley Long play a hapless couple whose home renovations plummet from bad to disastrous with every swing of the hammer, it’s easy to see why buyers should be beware.
Small business lending is set for a shake-up that will make terms fairer for the little guys if recommendations by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) are introduced.
If buying or selling for the first time, you might be bamboozled by all the real estate jargon bandied about. Here is our A-Z guide to what it all means.
With much debate in this election year about whether to scrap negative gearing to boost the federal budget, we thought it timely to look at the tax implications of property ownership in Australia.
