Your step-by-step guide to building long-term wealth through property
This fully revised Australian edition of Property Investing For Dummies cuts through the jargon and hype to identify what’s really needed to succeed in Australia’s hot property market. It lays out, in clear and helpful terms, exactly how you can identify the right investment options, figure out your finances and make a successful bid or offer. You’ll master the basics on how to manage risk, protect your new property and become an effective landlord or landlady. And you’ll learn how to grow a profitable portfolio that can generate income and secure your financial freedom.
* Create a property investment plan that fits with your personal financial goals
* Evaluate properties and locations to identify value and find the best deals
* Understand your finance options, including mortgage terms, interest rates, lending fees and using an SMSF
* Assemble a reliable support network of finance and property experts
* Build a solid property portfolio, with practical advice on how to grow equity and diversify your investments
This easy-to-follow but comprehensive book is perfect for anyone looking to buy property in today’s competitive market. From buying your first home to taking advantage of strategies like flipping, developing, and rentvesting, Property Investing For Dummies shares all the latest info you need to invest wisely.
Daftar Isi
Introduction 1
Part 1: Understanding Real Estate as an Investment 5
Chapter 1: Comparing Real Estate to Other Investments 7
Chapter 2: Covering the Landscape of Common Real Estate Investments 21
Chapter 3: Opportunities in Real Estate 35
Chapter 4: Building Your Team 49
Part 2: Financing: Raising Capital and Sourcing Loans 67
Chapter 5: Sources of Finance 69
Chapter 6: Financing Your Property Purchases 83
Chapter 7: Shopping for and Securing the Best Mortgage Terms 99
Chapter 8: Property in Self-Managed Super Funds 115
Chapter 9: The Ongoing Costs of Real Estate 135
Part 3: Finding and Evaluating Properties 149
Chapter 10: Location, Location, Value 151
Chapter 11: Preparing to Bid or Make an Offer 183
Chapter 12: Signing the Contract, Inspecting the Property and Settling 213
Part 4: Operating the Property 231
Chapter 13: Property Management 101 233
Chapter 14: Protecting Your Investment: Insurance and Risk Management 253
Chapter 15: Tax Considerations and Exit Strategies 267
Chapter 16: Building a Portfolio 291
Part 5: The Part of Tens 307
Chapter 17: Ten Ways to Increase a Property’s Return 309
Chapter 18: Ten Steps to a Real Estate Fortune (Or a Great Second Income) 317
Index 329
Tentang Penulis
Nicola Mc Dougall is an experienced Australian property and finance journalist, blog writer, and property investor. She is co-author of The Female Investor and is the current chair of the Property Investment Professionals of Australia (PIPA).
Bruce Brammall is a licensed financial advisor and mortgage broker, finance columnist, bestselling author and successful property investor.