Investing with property can be a good way to build long term wealth for you and your family. Many Australians have taken notice of this and are opting for this route. Purchasing a home is always the initial investment that most people make when they get into the job market. Purchasing another property besides a home for investment purposes may as well be the second best decision.

Purchasing a small apartment to rent out can be an excellent way of accumulating money so that you eventually buy your own house in a residence of choice. Many young Australians are going this route, purchasing an apartment in one suburb while renting another apartment in a much sought after and exclusive area, others choose to extend their stay at home while renting out their apartments.  Still, others choose to diversify into non-residential through property syndicates.

Investing with property provides the benefit of capital generation and asset value increment as well as provision of rental income. There is also the added tax benefit associated with negative gearing. However, as with any investment, Investing with property doesn’t give you any guarantees. Property prices may depreciate, as well as appreciate and in some cases good tenants are hard to find. Good tenants here refer to those that pay rent promptly and take good care of your property.

As an investor in properties, you need to be keenly aware of the interest rates. This is because higher interest rate directly affects your net returns, and property marketability. You should also be aware of how the return on your property stands up in comparison to the return you may have made had you invested in stocks. Investing in property doesn’t necessary need to be direct; you can alternatively pool funds together with other interested investors into managed funds that are property focused.

Listed property syndicates, and property trusts also provide exposure to a broad range of invest-able properties inclusive of commercial, industrial and residential with smaller initial capital requirement. This offers investors choice and flexibility in deciding where to place their hard earned money to earn a return from it.

Love life, not just the weekends. You only have one life, Live It! @ www.NicciAndLee.com

Investing in beach side properties is a lifestyle decision that many Australians appear to be making. The Australia’s strong economy has withstood the global recession being experienced by many OECD countries during 2001 and 2002 thus interest rates have remained stable in general in the last 5 years notwithstanding recent rate rises.

Prices have continued to been determined by two factors:
a) Proximity to city and
b) Proximity to coast.
The biggest beneficiaries were those who owned property in Melbourne’s inner or bayside suburbs, or on the beach side properties located close to the city.

One area in particular is the Bass Coast region of San Remo, which offers stunning island, ocean and bay views, with a cliff top outlook that affords an idyllic getaway opportunity for landlocked Melbournians searching for the serenity of a coastal town. Bay views, beach walks, wineries and the explosion of golf clubs and resorts strongly support the growth in interest for beach side properties.
The following are reasons why beach side properties are booming:
a.    Families growing interest in owning beach front properties for holidays.
b.    Easy freeway access and by-passes that reduce travel times.
c.    Local councils support for tourism-based infrastructure.
d.    Increasing housing level quality and new.
e.    Development of resort style properties ready with family.
Appreciating population, tourism rental prospects, declining household sizes and rising incomes ensure that demand for dwellings constantly outpaces supply and prices continue to rise.
Investment options in these locations range from buying your own holiday house for your own personal use, to buying a holiday apartment which provides a year round rental return. If you hope to negatively gear your holiday house remember you can only claim tax deductions on the period the house was actually occupied by tenants throughout the year, a common mistake made by many aspiring investors.
Beach side property investment continues to attract plenty of Australian investors. This trend is set to continue as more and more people join the bandwagon attracted by the lucrative prospects that beach side properties offer. Most beach side properties like other real estate investments appreciate in value with time, this means that a timely and prudently done investment in this sector will afford an investor gainful returns for a long time.

Love life, not just the weekends. You only have one life, Live It! @ www.NicciAndLee.com

Purchasing an investment property is a complicated business decision.  Make sure that you study this subject in detail prior to taking action, don’t hesitate to consult with a professional i.e. your attorney, accountant, or real estate agent on this matter.  That said, it is always prudent and well advised to have a plan in mind before you start looking for help.

Tips and strategies to bear in mind when searching for property investing.
Investment Type:  Unoccupied land, rental houses, condos, apartment buildings, commercial properties, industrial properties, mobile homes etcetera. Each has different level of risk and reward associated with it.  For beginners, a rental house or small apartment building is ultimately the finest choice.
They offer the chance for income on a regular basis, have shorter vacancies on average than commercial or industrial property, are less regulated than condos and mobile homes in most areas, and there are many places that you can get information and education on becoming a successful landlord in small residential properties.  It is a good place to start, and it is the investment type we will be concentrating on in this article.

Area Selection:  Buy property in an area that has a varied economic base offering many employment opportunities.  After all, the tenants will need an income in order to reliably pay rent.  The area should offer good schools, shopping, and transportation.  Idyllically, it should be an easy drive from your residence so that you can keep an eye on your investment.  And, the area should be safe. Profits and money are not worth risking your life for, and the quality tenants that you want to attract do not want to risk their lives either.

Research property values and rents: This information readily is available from real estate agents, as well as from a variety of other services in most areas.  You will want to call rental ads in the paper and talk to local landlords about what they are offering, how much they are charging, and what their experience is with the market.  Some of them may be open to selling their property and may even be willing to finance it, so don’t hesitate to ask.

Property Investing can be fun, just be sure you conduct your research first.

Love life, not just the weekends. You only have one life, Live It! @ www.NicciAndLee.com