Insurance is one of the most important considerations when it comes to property you cannot afford not to have it. Mark discusses why insurance is such an important consideration and the types of insurance you should be looking for.
Property investment is now more than ever proving to be the preferred vehicle for investment. In light of the current stock market gyrations, the low interest rates for fixed deposit and the millions of dollars lost in the Mortgage Brokers fiasco. The rock solid security of bricks and mortar are now engaging a rekindled interest from a broad spectrum of investors.
It appears most people are now aware of the need to look after themselves in their twilight years, as pensions, welfare and superfund’s become under increasing pressure in such uncertain times. Consequently investors are taking steps to set themselves up accordingly towards that and many people are turning to the stability of bricks and mortar. However there are still a range of areas that many investors, particularly first time investors, are overlooking. These can all cause problems for the overall investment portfolio and some of these fundamental areas to look out for are
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When purchasing an investment property it is essential to weigh all the facts subjectively and ensure that you are purchasing the investment on sound fundamentals. In any market it is important not to let your emotions get carried away in the heat of the moment.
With a vast number of “Baby Boomers” now speeding towards retirement, many are taking a much closer interest in the health and wealth of their superfund’s and are seeking alternative ways to consolidate their nest egg.