It’s an asset that could earn more than $10,000 a year but should you really rent your spare room to a stranger? On the surface, it seems like easy money but there are several implications that might affect your decision. Here are the issues to consider: Tax Implications Any extra cash will be taxable, so…
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An apartment is a great option if you want a low maintenance lifestyle, improved security or want to be able to afford to live in an area that would otherwise be out of your budget. Look for: A great location Choose an apartment in a suburb where they’re a major part of an area’s housing…
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If you’re considering investing in property, there are some key fundamentals you should consider to ensure you make a good decision: Where is the property located? The best rental properties are usually located near good amenities – think shopping precincts, schools, hospitals, universities, employment centres and transport. You want to have access to good tenants…
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