View Full Version : About real estate investments?
gladys
05-21-2009, 06:25 PM
i have tried investing in other businesses, but lately i have been thinking of venturing in real estate investments.How do i get property investment information and what are the things i need to consider??
joules1503
05-22-2009, 06:10 PM
hi there!
If you are considering investing on real estate, you should make sure that you first have an investment strategy, figure out the target area that would be able to give you the market for investing. Here below are some of the liabilities that you should be willing to face when you get any property.
When it comes to taxation. You must keep in mind that you are liable to pay income tax on the rent that you receive as well for your property. The property you buy will come under wealth tax under your name as well.
You will need investments and loans for sure when you apply. When you borrow money it is a high risk and a low return game that you are getting into. So you must be sure that you can get enough out of the property before you can even apply for any sort of leverage.
rgds
julie
samprime
05-22-2009, 10:24 PM
The capital that you need will most likely be handled through a bank. It is important for you to consider the lending rates of banks. Make sure that you know the changes that are occurring all the time in the Australian banking system. This year, the investment environment in Australia seemed headed for a downturn. In this case, it might of help if you wait until lending rates have stabilized.
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