Too Late to Buy Investment Property? Are you in your 40s or 50s with no investment property or other investments, minimal superannuation and are panicking about your financial future? Stress no more, because wealth-creation through property has absolutely no age limit. While most property experts strongly advise beginning an investment property journey as early as… Read more
At Prospa Property Advisory we see a number of different types of property investors. The type of investor you are can affect the decisions you make throughout the investment process, and ultimately, the kind of returns you can receive. Many would-be property investors lack the correct mindset to be successful with property. So, to make… Read more
At Prospa Property Advisory we regularly speak with investors about the benefits of building a brand new investment property, rather than buying an established property. I know what you’re thinking: it sounds like a headache, particularly if you’ve never built a home before. Or, if you’ve had a negative experience with a builder before this… Read more
Location, location, location—a golden rule in property investment that helps investors ensure long-term growth for their assets, but how can they determine where NOT to invest? Location stands as one of the most crucial considerations for investors before buying a property as it determines the level and quality of supply and demand as well as… Read more
Why should you buy an interstate investment property? You might be the kind of person who wants to “try before you buy”, and visit your investment property. Looking in your home state feels “safer”. Maybe you have an emotional attachment to your hometown, and think your tenants would be best off living where you grew… Read more
Can I Profit From a New Build? As someone who has advised on hundreds of properties through our network, it frustrates me when ill-informed commentators generalise that new builds are a below-par investment. Some mistakenly believe new constructions are generic – where every home in the estate is identical to its neighbours. They can’t seem… Read more
When it comes to selecting the best possible property investment, there’s no denying the old adage of ‘Location, location, location’ applies as much to new housing as to established property. It’s the lynchpin of success because, unless you’re renting out a caravan to tenants, location is the one variable that’s impossible to change. … Read more
Why should you build your investment property? Work with Quality Builders At Prospa Property Advisory, we see many clients who have had negative experience with builders in the past. At Prospa, we have an extensive selection process to allow builders to become part of our panel. These are trusted builders with proven success. We also… Read more
Why should you build your investment property? Lucrative Tax Benefits Through Depreciation With a brand-new, built investment property, there are significant tax savings. Through depreciation, or general wear and tear, you are able to claim tax returns each year. If your property is negatively geared – that is, you returns on rent do not meet… Read more