Housagon

Granny Flats as an Investment: A Comprehensive Guide Granny Flats as an Investment: A Comprehensive Guide Table of Contents Introduction Land Size Regulations for Granny Flats Cash Flow Benefits of Granny Flats Understanding Equity Loss When Should You Build a Granny Flat? Potential Drawbacks of Granny Flats Conclusion Introduction Granny flats have become a popular topic in the world of property investment. Many investors see them as a way to boost rental income and improve cash flow. However, like any investment, there are pros and cons to consider. In this blog, we’ll dive deep into the world of granny flats, exploring everything from land size regulations to the financial implications of building one. Land Size Regulations for Granny Flats One o...

Retirement Villages in Australia: What You Need to Know Before Buying Retirement Villages in Australia: What You Need to Know Before Buying Table of Contents Introduction Understanding Retirement Village Contracts Entry Fees: What You Need to Pay Upfront Ongoing Fees and Costs Exit Fees: What You Pay When You Leave Future Care Considerations Other Important Factors to Consider Conclusion Introduction Retirement villages have become increasingly popular in Australia, offering a unique lifestyle for seniors who want to live in a community of like-minded individuals. The social aspects, amenities, and sense of security make retirement villages an attractive option for many. However, buying into a retirement village is a significant decision that requires careful consideration. This blog will guide you through...

Essential Questions to Ask When Inspecting a Property | Pumped on Property Essential Questions to Ask When Inspecting a Property Table of Contents Introduction Why Asking the Right Questions Matters Key Questions to Ask During a Property Inspection Understanding Seller Motivations The Importance of Research and Due Diligence Conclusion Introduction Inspecting a property is more than just walking through rooms and admiring the layout. It’s about gathering as much information as possible to make an informed decision. One of the most effective ways to do this is by asking the right questions. In this blog, we’ll explore the essential questions you should ask during a property inspection to gain insights that aren’t always visible in the online listing. Why ...

Australia's Bushfire Risk: Protecting Your Property Investment Australia's Bushfire Risk: Protecting Your Property Investment A recent report reveals a startling reality: 5.6 million Australian homes , nearly half of all properties nationwide, are at risk of bushfires. This affects a staggering 4.66 trillion dollars worth of property. Alarmingly, only a small fraction of Australians are aware of their property's vulnerability. This situation demands attention, especially for property investors. The Growing Threat of Bushfires Australia's bushfire seasons have intensified, with events like Black Saturday serving as a stark reminder of their devastating impact. The scale of destruction, both in lives and property, underscores the urgent need for preparedness. With bushfires projected to worsen, understanding and mitigating these risks is crucial for every property owner. Bushfire Risk Ratings: A New Reality Ever...

Why I Avoid Listed Buildings: A Property Investor's Perspective Why I Avoid Listed Buildings: A Property Investor's Perspective Martin Rappley from Refurbishment Mastery shares his insights on why he chooses to steer clear of listed buildings in his property investments. With extensive experience working on numerous historic structures, including commercial properties, churches, and residential homes, Martin has learned a crucial lesson: listed buildings can be a significant liability . The Custodian's Role: A Matter of Control Owning a listed building isn't just about possession; it's about custodianship. While you may hold the title, the true control lies with conservation and heritage officers. These specialists dictate how these historic structures should be maintained, ensuring their preservation for future generations. “Although we buy it and we own it on paper, the control of the whole building is somewhat...

Tiny Homes: A Big Solution to the Housing Crisis Tiny Homes: A Big Solution to the Housing Crisis For many, the dream of homeownership feels increasingly out of reach. With rising rental costs and skyrocketing property prices, finding affordable housing can feel like an impossible task. However, a growing trend is offering a unique and practical solution: tiny homes . A Personal Journey to Tiny Living Consider Kobe Costa, who, facing retirement, sought a way out of the rental market. Her solution? A cozy, compact tiny home nestled on the New South Wales South Coast. "This is my home," she says, "and I've lived here for a year and a half." Despite the limited space, Kobe finds it perfectly suited to her needs. For individuals like Kobe, particularly older women who may not have substantial savings, tiny homes present a viable alternative. "It's a really good alternative," she explains, highlight...