Top tips for buying an apartment as an investment
When choosing an apartment to rent out there are some specifics that can make a big difference to the desirability of your property. First is the number of bedrooms and floor size. Two bedroom apartments are most popular, and if you’re looking for a two bedroom unit, look at buying something above 80m2 and above 110m2 for a three bedroom. More bedrooms mean that as an investor you can charge more rent, and your tenants can split the rent furt…
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Are apartments a worthwhile investment?
Q: We are thinking of selling our home in St Heliers and buying a luxury apartment somewhere closer to the city, but will we get the same capital gain with an apartment? Bruce L. A: Unfortunately no-one can accurately predict what will happen to house prices, or to apartment prices for that matter. There was a time when investing in apartments was considered to be a far inferior choice to buying a home or duplex. The value of real estate is …
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Ten More Top Moving Tips
Here is the second instalment of our moving tips. Buy a roll of stretch wrap.It works like gladwrap but on a bigger scale. You can group items together, and it’ll protect your furniture from getting scuffed and scratched. Keep sandwich bags handy for holding any small parts of things you have to take apart, like curtain rods or mounted flat-screen TVs.Tape the sandwich bags to the back of the item they correspond to. You can also use this…
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Why are Real estate fees so high?
Q: You probably won’t answer this. I think agent’s fees are exorbitant – how do you guys justify them? Nick H. A: We love a challenge Nick and we absolutely understand how people feel when they see how much agents charge, especially when they think all we do is run a few open homes, set up an auction and pick up a big chunk of money. This is far from the truth. Firstly, we (the agents) don’t get the entire fee: The agency takes a big piec…
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