Most investors use property to reach one common goal – to create financial freedom. While financial freedom may mean different things to different people - travel the world, generate a $100,000 passive income for life or retire early - whatever the end goal, you'll want to have a clear exit strategy in place.
Australia's public housing program began shortly after World War II to address the housing shortage for it's returning soldiers and their families. In recent years public housing estates have turned into unloved, low socio-economic areas for the disadvantaged. As more and more public housing stock makes it's way into the property market, we explore whether these places are good long-term investments or as a principal place of residence.
Have you applied for a home loan to buy a new property recently? Maybe you're thinking of switching lenders or refinancing your loan? If so, you will have to undergone a credit check to satisfy the lender that you are a responsible borrower with a good history for repaying back what you owe.
In the first part of our article, we saw how young singles and couples can borrow more to invest in high growth properties. In this article, we look at how to build a strong property portfolio while you're busy starting a family or when you’re closer to retirement.
Australia's government public housing policy focuses on supporting low income earners, the elderly and people with disabilities. The government is also selling off it's non-performing or harder to maintain properties to the open market. But are they good value for property investors? Should you add public housing stock to your investment portfolio, and will they help to increase your portfolios growth strategy?
In this article, we look at the general expectations for property growth in Western Australia, South Australia, Tasmania and the Northern Territory for 2016.
According to RPData 72 per cent of investors own only one property, while 18.9 per cent own at least two. That leaves about 0.9 per cent of investors with six or more investment properties. Though there are many reasons why the majority of investors own no more than two properties, the sad fact is that you will never become financially independent by owning just two properties.
More Articles ...
- What's in Store for Australia's Property Market in 2016?
- How to obtain the best finance for your business, investment or mortgage loan - Part 3
- How to obtain the best finance for your business, investment or mortgage loan - Part 2
- How to obtain the best finance for your business, investment or mortgage loan - Part 1
- Consolidate your loans in 2016