Monthly Archives: December 2016

Case Study of Property Styling Melbourne ROI

Case Study of Property Styling Melbourne ROI
We recently consulted with a family who was looking to maximize the sale value of their home through making the correct home styling investments. The owners still lived in the property, and had done so for over twenty years, during which they had never updated the original colouring or decor.
Here is a quick breakdown of what we advised them to do and why:
Hire Furniture – While the client’s property was certainly serviceable, it was definitely dated, and from an earlier period in their lives. We advised them to clear out their property into storage, and use hire furniture to project the right kind of image to their target demographic. Doing so made a huge difference in their home styling. The purpose of hire furniture is to illustrate to purchasers how the property can be furnished and accessorized, giving them a sense of how appealing the property can be.
Street Appeal – The front yard of the property also hadn’t had many changes over the years. We recommended the client landscape the front yard, giving it definition and a single focal point to create a strong introduction to the home.
Living Area – We repainted the dated, bright yellow walls with a much more modern, neutral tone. This enabled us to utilize the hire furniture to maximize the appeal to a much wider range of potential buyers. This area was the focal point of the entire floor plan, so we knew to invest most of our home styling efforts improving this part of the property styling Melbourne.
Courtyard – The home had a small courtyard area which contained a small reflecting pool. We advised the client to clean the area up with new paint, and convert it into an appealing area to entertain. Given the location of the property, we felt this would be ideal for professionals working in the city.
Colour Consultation – Most of their living area had been bright yellow as described, and each bedroom had its own intensive colour as well. We delivered an integrated plan that appeals to the majority of buyers in their area; an effective home styling technique.
Kitchen Update – This home had beautiful, hand-crafted cabinetry, and gorgeous stone countertops, so it did not need much in that regard. It was woefully out of date as far as appliances go. We completely replaced everything electronic in the kitchen, making it convenient and modern.
So, what were the results of all of these different property styling Melbourne suggestions?
By investing around 1.5% of the properties’ value, these owners were able to see a dramatic return on their money. Consult with property styling Melbourne experts and see if it is possible to realize similar gains if you are considering selling your own property.

Find The Best Information About Home Buying

Find The Best Information About Home Buying
Purchasing a piece of real estate can be a very important long term investment and it is imperative that you make the right choices in your purchase. It is important to research many important factors in finding and purchasing the piece of real estate that fits your needs. Consider the tips below for help in purchasing real estate.
The surrounding neighborhood is an important consideration when choosing property to buy, especially if you are looking for a place to raise a family. The neighborhood will affect both your enjoyment of the property for the length of time you live there and also have a significant impact on the resale value of the property.
When looking for a real estate agent, ask them for references. It is important that you hire a real estate agent that is skilled and experienced so that can help you find the home for you. Ask the real estate agent if you can speak with customers who have previously used their services.
Buying a home is a long-term investment and you should take every step that is available to protect that investment. You should have a home inspector go through the property and inspect it for you. It may cost some money but they will uncover any problems such as structural damage or ground contamination before you buy it.
One important tip when it comes to real estate is to not be afraid of making a large purchase. This is important because as long as you have done your research, this may be an extremely lucrative opportunity for you. Instead of throwing your money away into a rental property, you are possibly putting yourself in the position to profit.
Owning a home, unlike renting a house, offers you freedom and individualism because a landlord may not allow changes to the property. If you own a house you are free to change anything you like. You can paint the rooms, knock out walls, and change the flooring, among other things.
If you cannot afford a new home, you should look into financing. With mortgages, you can easily get a house now and pay for it little by little over the years. if you have a good credit report it should be easy to get a mortgage. Go to different banks to find the best mortgage possible.
If you are looking for auction and short-sale homes, don’t stick to one prospect. Aim at several homes so that you won’t be left hanging dry if one deal falls through. There are many parties in these transactions, so much can go wrong. It is estimated that only about a fifth of attempted short sales are completed.
Consider what you are looking for in a piece of real estate and what you want to purchase as your investment. Research is your friend in helping you make the right choices and it is of great benefit to you to take your time in making your decisions. Apply the tips above to your real estate purchases to experience full blown success.

Making Money through Property Investment

Making Money through Property Investment
Property investment is important for people looking to build a secure financial future. Owning a home and additional property helps to provide that security. It is the one basic human need that a person need only invest in once, and not worry about it in perpetuity. Investing in real estate calls for one to purchase additional properties with the goal of eventually making profit off the venture. There are two ways through which an investor can profit from this business. The first is through residual net income after meeting the necessary property costs and taxes. This requires that the rental income being derived is adequate to cover all expenses and leave the investor with a good residual amount.
The second method of gaining profit from an investment in real estate is by simply holding on to a property until such a time when its value has risen to guarantee good capital gains. This kind of investment is most common when it comes to private homes. The best investor is one who is able to acquire both positive cash flow and eventual capital gains from a property that has been invested in. Many properties require little maintenance if bought in good condition. Investors need only take care of the property and income taxes, and the cost of borrowing. As taxes are non-negotiable, it is up to the investor to find ways of minimizing the cost of borrowing. Interest on borrowed funds can be minimized by paying off as much of the loan as is possible, in the shortest time available. It can also be further reduced by contributing more cash towards the purchase of the property, thereby reducing the loan amount needed.
An investor may also choose to invest in a property that requires renovations and has depreciable items. Many properties that have undergone renovations allow the investor to gain sizeable tax breaks. Such relief on the expenditure side makes this a positive cash flow property. There are many properties available in the Australian market, from brand new high rise apartments to palatial mansions. It is up to the investor to peruse through the many available properties for sale and find one that can be easily afforded and provides maximum potential for both capital gains and a positive cash flow. The housing market will continue to be profitable for investors as population numbers continue to rise. As more and more people continue to arrive in the cities, the housing market can expect a steady stream of potential clientele.