Self managed super funds (SMSFs) are all the rage at the moment, people are increasingly keen to get more control of their super to avoid super fund costs and poor investments. One of the biggest advantages of SMSFs is that you can use your super to invest in property.
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1. Look for an eager vendor
A vendor under distress is the most obvious component of a cheap purchase. There is no moral high ground here– often it’s a case that the seller needs a quick disposal and is willing to cut back on the price in order to move the bricks and mortar on.
No finance, no investment. It’s that simple. So how do you get the bank to say yes to your mortgage application each time you ask?
Finding the right location is crucial to ensure strong long-term capital growth, but amid the noise of real estate agents, friends and family and your own prejudices to areas – how do you know for sure that an area’s investment potential stacks up? Here are 10 steps.
QBE Insurance increased Lender's Mortgage Insurance (LMI) by 9 per cent this year, due to its forecasts of volatility in the future Australian property market.
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