Investing

Can my pet live in my rental property with me? You can have pets in your rental property as long as the rental property has suitable provision to do so, and you hav...
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Should I invest in an apartment or a house?

  • Research the local real estate market and find out whether houses or apartments are in higher demand.  Market conditions change regularly.
  • Talk to a First National Real Estate agent to find out what’s popular in different regions and different parts of the city you wish to invest in.
  • If you already know where you plan to invest, focus your research there and determine which type of property is in demand and which is in shortest supply.
  • If you’re aiming for a portfolio of properties, then a mixture of houses and apartments is a good way to diversify and minimise risk.
  • Apartments are usually less expensive so the answer may lie in affordability.
    However, houses tend to maintain and improve their value more consistently.
  • Some property investors believe apartments are too similar to one another and that houses offer more potential to differentiate and add value.
  • With a house, you’ll be bearing 100% of the costs of maintenance whereas in some apartments, body corporate fees may cover certain expenses.
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