Lets face it, no-one has a crystal ball but if history teaches us anything, it is this; there are 4 clear phases or cycles within the property industry that you should be aware of, not only when purchasing your property but when times also hit a low point.
With the rental vacancy rate in WA well over 5%, some Landlords become hungry and desperate to find that elusive tenant. Unfortunately this desperation leads to poor decisions and a lot of the time, the outcome isn’t pretty.
- Posted Tuesday, August 09, 2016 by PEB Invest
- Investing for Retirement, Property Investment, Taxation
"If you’re thinking of investing in property with another party, selecting the right ownership is essential,” says Rick Collova, director of PEB Group. We find many couples select a “Joint tenants” agreement because they don’t know the difference or they didn’t know there was another option.