May 2017

Timing the sale of your house: Strike while the market is hot

Timing the sale of your house: Strike while the market is hot

Amanda Scali   26/05/2017 12:00am

Selling your house is a pretty big deal; it’s not something you do every day or even every decade, so it’s worth timing the sale of your house to your best advantage.

There are circumstances under which you may need to sell your house in a hurry—you’ve signed a contract on another home or you’ve accepted an overseas job offer, for example.

In those situations, you just have to make the best of the prevailing market conditions and price your property competitively enough to attract serious buyers.

However, if you are just starting to plan your sale and have no particular deadline, make good use of the time you have on your side.

Following are some things to consider before putting your house on the market.

Buying your first rental property: McGrath tips to earn many happy returns

Buying your first rental property: McGrath tips to earn many happy returns

Amanda Scali   5/05/2017 12:00am

If you want to build a solid financial future for your family, buying your first rental property is a proven means of increasing income, but not without doing your research and putting in some effort.

While investing in other financial markets can yield greater gains in shorter time frames, their volatile nature carries greater risks.

Investing in real estate has the advantage of being safer from economic fluctuations, but it is less liquid than other assets should your financial circumstances change.

If you have income in excess of your current needs and are considering buying a rental property to make good use of that, here’s what you need to know.