Jesse Inns

Conveyancing Tips – Property Investment and Depreciation:

Conveyancing Tips – Property Investment and Depreciation:

With property prices peaking in Sydney, the Queensland property market is really starting to heat up as property investors from down south look to the sunshine state for its more affordable property market that can prove to be a more lucrative investment. Our conveyancing solicitors have really started to notice this swing and the influx of investment properties coming across our desks.

Buying an Investment Property – Things to Consider:

Buying an Investment Property – Things to Consider:

If you’re looking to get into the property market and buy an investment property there are a lot of benefits to be had, such as wealth creation, capital growth and tax benefits, but since buying property is such a major decision that can take a huge financial toll it’s worth doing some thorough research on the property before signing that contract of sale.

Understanding Conveyancing – The Building and Pest Condition:

Understanding Conveyancing – The Building and Pest Condition:

In Queensland the standard contracts of sale, being either the REIQ Contract, or the ADLForms Contract, include a standard building and pest condition. What this means is that a contract for the purchase of property will be subject to the buyer undertaking a building and pest inspection of the property and being satisfied with the report they receive following the inspection.

Owning an Investment Property – Body Corporate Insurance:

Owning an Investment Property – Body Corporate Insurance:

Owning an investment property can be a great strategy for earning some extra income, but there are also costs involved, with one of the major costs being that of insurance. Things are slightly different where your investment property is an apartment or townhouse and there is a body corporate in place. As part of your body corporate levies you are paying for the body corporate to have insurance over the property.