The idea of an idyllic beach home is a dream for many Australian buyers. With nothing but the sound of the sea and the sight of the surf as your neighbours, it's easy to see why there is such a high demand for these properties. However, if you're thinking of buying beachfront real estate, you should carefully consider some of the downsides to this type of property. Make the right buying decision by thinking about the following disadvantages of beachfront properties in New South Wales.
Executive rentals – they give business travellers and upscale short-term renters a place to stay that is cheaper than most hotels, and they provide landlords with a great stream of income. If you are buying an investment property, moving out of your current home or feeling tired of dealing with the long-term residential rental market, consider turning your property into an executive rental.
Here is everything you need to consider before you get started in executive leasing:
Many people in their twenties may not think they are old enough to buy a home, but if you can afford one, home-ownership can be a lucrative and rewarding idea. Here are five questions to help you decide if you are ready for home-ownership:
1. Can You Afford It?
Obviously, the first question you should consider is whether or not you can afford a house. However, as a young person without children or a spouse, you may not have to pay the entire mortgage like you would have to if you were married with kids.