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Bag yourself a great deal
The silly season is just around the corner and many people who have been looking for a new home or investment property for months will put the search on hold till the new year while they focus on getting things organised for Christmas.
Money Magazine's three page spread on The Insider’s Guide to Renovating for Profit
Beware the profit killers – In this edited book extract, experienced investor Patrick Bright shares his tips for finding, buying and renovating residential properties for a quick windfall.
Property investors warned to avoid competing against emotional first home buyers
In a wise move the NSW Government is tightening up the stamp duty exemptions - after all the savings are essentially passed on to vendors though increased sale prices rather than helping out the buyer.
Reno shows don’t tell the full story
Patrick's interview on Real Estate Talk with Kevin Turner
Sydney Real Estate Property Buyer's Agent Patrick Bright EPS Property Search
How to buy right – EPS property search
Patrick Bright - EPS Property Search – Buyers’ Agents
When the tide goes out
In a strong and/or rising real estate market pretty much anything sells even properties that are not well located, well designed, or built to a high standard. However in a flat or declining market only quality A and B grade property is highly desirable.
Current real estate buyers are spoilt for choice and saving thousands
According to figures just released by SQM Research there are 22% more properties available for sale nationally than there were 12 months ago. In Sydney that figure is 18%.
“The Block” build up failed to deliver
For “The Block” enthusiasts, Sunday night’s finale was a flop with only one of the four properties selling under the hammer. Instead of popping bottles of champagne contestants were crying on each other’s shoulders.
The Renovators reno misses ROI mark!
This week on the Channel Ten show called The Renovators (episode 3) we saw two teams battle it out to renovate a terrace each – but they only had a 12 hour day to do it! The challenge was designed to see which team could add more value to their property based on ‘before’ and ‘after’ valuations.
The hidden cost of renovating
Now is certainly a good time to add value to your property, particularly for investors who are looking to manufacture equity and increase their rental returns allowing them to add to their property portfolio sooner rather than later.