Category: FAQ
Should you use a fixed-fee real estate agent?
| Leave a CommentTraditionally in Australia, agents have charged commission when they sell a property, which is calculated as a percentage of the property’s final sale price. Now, some real estate agents are charging a fixed fee for managing the sale of a property, which isn’t impacted by the sale price. Using a fixed-fee agent could save you […]
Read more »Think carefully before taking out an SMSF loan
| Leave a CommentSetting up a self-managed superannuation fund (SMSF) and using it to buy an investment property can be a successful strategy for some, but has the potential to be a costly mistake. For certain individuals with the right management and market conditions, it can help build their retirement nest egg. However, for others, it can result […]
Read more »The best loan and the cheapest loan are often two separate things
| Leave a CommentThere’s more to a home loan than just the price tag. That’s why borrowers should aim to find the most suitable loan rather than the loan with the lowest interest rate. That’s not to say the interest rate isn’t important – it is. But rate is just one of several things that borrowers should consider […]
Read more »Property statistics reveal surprising facts
| Leave a CommentDig deep into the Australian Bureau of Statistics’ residential property data for the past 15 years and you’ll discover some surprising truths about real estate. The statistics, which cover the most recent 15-year period, between the June quarters of 2004 and 2019, demonstrate that some real estate ‘facts’ might not be facts at all. For […]
Read more »Good renovations make you money, bad renovations cost you money
| Leave a CommentRenovations might seem fun and profitable when you’re watching The Block, but they can prove stressful and costly if you don’t nail the basics. We’ve all heard of nightmare renovations that drag on forever, suck up astonishing amounts of money and don’t produce a return on investment. Good renovations, by contrast, tick these three boxes: […]
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