Finance

[flex_video widescreen="true" vimeo="true"] [/flex_video] Michael answers Amanda’s question… “I bought an apartment in Hawthorn 8 years ago for $375,000 and today it’s worth around $500,000. It needs around $35,000 spent on renovations as it’s getting tired. I’m disappointed with it’s capital growth over the last 8...

Introduction One of the ways that homeowners and investors are increasing the equity in their properties is by undertaking home improvements and renovations. However, like anything that takes time and costs money, many are unprepared for the reality of completing property renovations. Often home improvement projects end up...

  With property prices steadily rising, co-ownership of property is becoming increasingly common. Co-owning property has the immediate benefit of increasing your purchasing power while reducing expenses. Brad Beer, from BMT Tax Depreciation, explains the little known benefits of split depreciation schedules in this case as well. Transcript: Kevin:  With...

  According to real estate author and buyer’s agent Patrick Bright, the easiest way to keep a renovation on track is to ensure all the tradespeople do their work in the right sequence. He has some tips on getting the sequence right in a way that...

  Lenders should be required to provide off-the-plan apartment purchasers with a funding pre-approval that will last them until settlement according to iBuyNew CEO Mark Mendel. He explains that if banks are prepared to fund a development for construction, then they should take the same stance...

  Apparently we are really taking advantage of the low interest rates and while that seems like a good idea, there are some reservations and the possibility exists that we may just be overextending. Some good advice today on that subject from Bessie Hassan.   Transcript:  Kevin:  As was...

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