To avoid paying for a valuer to do a valuation every time you find a commercial property you may have interest in, it is worth having a few approaches to help you come to your own valuation prior to making an offer. The simplest approach is to ask the listing real estate agent what comparable market rents are and if they know of any recent comparable sales nearby and what capitalisation rates they... »
Unlike residential property, when investing in commercial property an investor has much greater control over the valuation process. For commercial property, banks will usually allow you to pay for a valuation yourself (which you will receive a full copy of) that can later be re-assigned to the bank (if your offer on a property gets accepted and you decide to proceed with a purchase) and used for f... »
Body corporate fees paid by owners of units, villas, apartments or townhouses can vary greatly depending on the number of owners in a block and the standard and extent of common property. Often the single biggest component of these fees though is strata insurance. Many owners and body corporate committees will leave the choice of strata insurer to their body corporate manager and act on their reco... »
Hybrids are a form of interest rate security that share some features of bonds and some features of equities. They offer the opportunity for the investor to receive regular dividend (or coupon) payments (that may be higher than what you might receive from bonds) and the opportunity to get a full return of your original capital after a specified time period (just like bonds) – assuming the is... »
There are countless books and articles written about how you can pay off your home loan quickly. The key strategies to do so can basically be summarised into the following points: 1. Maximise you and your partner’s job and/or business income. 2. Buy a home with a loan amount that is not too high relative to your salary – if you over-commit in the first place this will make the task of ... »
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