SMOOTH SAILING?
There’s no better start to building your property empire than an all-access view of an established portfolio. To help you understand the strategies behind a successful multi-property investment portfolio, we reveal all the secrets that have gone into building our own
As a journalist I’m always looking for an angle for any piece that I write. It gives the article sizzle, strikes emotion and draws a response. It’s the key to all good journalism.
But I’m in a bit of a quandary with this most recent instalment of our Investment in Action series.
You’ve no doubt been following the last few months, where I’ve been discussing the purchase and proposed renovation of our latest property in Woodridge, Queensland – a suburb of Brisbane within Logan City.
This property checked all the boxes in terms of our investment strategy. It was under market value in a growth area with demand for rental accommodation; it also gave us the capability to undertake a cost-effective renovation to elevate both the rent and capital value of the property.
It couldn’t be better really. We also lined up a contractor who was happy to undertake a fixed-price renovation, which could be overseen by our buyer’s agent as well as the renting agent we will place the property with for management – and who already has tenants lined up to move in!
READ the full article in the latest issue of Smart Property Investment – ON SALE IN NEWSAGENTS NOW
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SMOOTH SAILING?
There’s no better start to building your property empire than an all-access view of an established portfolio. To help you understand the strategies behind a successful multi-property investment portfolio, we reveal all the secrets that have gone into building our own
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As a journalist I’m always looking for an angle for any piece that I write. It gives the article sizzle, strikes emotion and draws a response. It’s the key to all good journalism.
But I’m in a bit of a quandary with this most recent instalment of our Investment in Action series.
You’ve no doubt been following the last few months, where I’ve been discussing the purchase and proposed renovation of our latest property in Woodridge, Queensland – a suburb of Brisbane within Logan City.
This property checked all the boxes in terms of our investment strategy. It was under market value in a growth area with demand for rental accommodation; it also gave us the capability to undertake a cost-effective renovation to elevate both the rent and capital value of the property.
It couldn’t be better really. We also lined up a contractor who was happy to undertake a fixed-price renovation, which could be overseen by our buyer’s agent as well as the renting agent we will place the property with for management – and who already has tenants lined up to move in!
READ the full article in the latest issue of Smart Property Investment – ON SALE IN NEWSAGENTS NOW
RELATED TERMS
Equity
Equity is the difference between the market value of a property and the amount owed to a lender that holds the mortgage or the loanable amount.
Investment
An investment is an asset or item purchased with the expectation that it will generate income or appreciate in value in the future.
Property
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.