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<p>Author:&nbsp;<strong>Leah Jackson</strong></p><p>According to a new study,&nbsp;<a href="https://www.comparethemarket.com.au/news/compromising-lifestyle-to-purchase-property-is-buyers-biggest-regret/" data-mce-href="https://www.comparethemarket.com.au/news/compromising-lifestyle-to-purchase-property-is-buyers-biggest-regret/">5 out of 10 Australians say buying a home is one of the most stressful life events</a>. The study found that the process of purchasing a home caused more stress than getting married (78%), having a baby (77%) or finding a new job (70 %).</p><p>For many Australians, the most significant source of stress was the cost of buying a home, with nearly half (49%) saying they were worried about having enough money for a deposit. A third (34%) said they were stressed about being able to afford their mortgage repayments, and a quarter (26%) said they were worried about the cost of repairs and maintenance.</p><p><em>“Home buying is one of the most significant financial decisions most of us will ever make, so it’s no wonder it causes so much stress. The good news is that you can do a few simple things to reduce your stress levels and make the process easier with the help of finance strategists,</em>” says&nbsp;<a href="https://www.maxfunding.com.au/second-mortgage.html" data-mce-href="https://www.maxfunding.com.au/second-mortgage.html">second mortgage loan provider Shane Perry of Max Funding.</a></p><p>Here are five tips to reduce stress when buying a home:</p><h3 id="1-get-your-finances-in-order" class="wp-block-heading"><strong>1. Get Your Finances In Order</strong></h3><p>The first step to reducing stress is to get your finances in order. This means getting pre-approval for a loan, knowing how much you can borrow and comparing home loan rates to get the best deal. It also means being realistic about your budget and what you can afford.</p><h3 id="2-do-your-research" class="wp-block-heading"><strong>2. Do Your Research</strong></h3><p>The second step is to do your research. This means knowing what kind of property you want, where you want it to be located and how much you are willing to pay. It also means being aware of the different types of properties available and their pros and cons.</p><h3 id="3-get-help-from-a-professional" class="wp-block-heading"><strong>3. Get Help From A Professional</strong></h3><p>The third step is to get help from a professional. This means using a buyer’s or real estate agent to help you find the right property and negotiate the best price. It also means getting advice from a mortgage broker or financial advisor to ensure you get the best loan for your needs.</p><p><img class=" lazyloaded" src="https://lh6.googleusercontent.com/OY8AQ_T8siAwl5ieeamPz0k65c7DBTY7ObEQ7t__Q75GoRuh_Z8YAaEdg6UhsDdY34Ydg5zJ1AZFFFjyW4fs2cWwufMZC3atm31gHW7iwCUsR4ET_MWKGUi3001eJgiuXCQdJHj8r5s4VAMv4SMudxcapciZTc6x0xn4J2EAquNAuC-d9wywA-OBBmFJRo3N6c4kzQ" width="624" height="416" data-src="https://lh6.googleusercontent.com/OY8AQ_T8siAwl5ieeamPz0k65c7DBTY7ObEQ7t__Q75GoRuh_Z8YAaEdg6UhsDdY34Ydg5zJ1AZFFFjyW4fs2cWwufMZC3atm31gHW7iwCUsR4ET_MWKGUi3001eJgiuXCQdJHj8r5s4VAMv4SMudxcapciZTc6x0xn4J2EAquNAuC-d9wywA-OBBmFJRo3N6c4kzQ" data-mce-src="https://lh6.googleusercontent.com/OY8AQ_T8siAwl5ieeamPz0k65c7DBTY7ObEQ7t__Q75GoRuh_Z8YAaEdg6UhsDdY34Ydg5zJ1AZFFFjyW4fs2cWwufMZC3atm31gHW7iwCUsR4ET_MWKGUi3001eJgiuXCQdJHj8r5s4VAMv4SMudxcapciZTc6x0xn4J2EAquNAuC-d9wywA-OBBmFJRo3N6c4kzQ"></p><h3 id="4-be-prepared-for-unexpected-costs" class="wp-block-heading"><strong>4. Be Prepared For Unexpected Costs</strong></h3><p>The fourth step is to be prepared for unexpected costs. This means having a buffer in your budget for things like stamp duty, legal fees and inspection reports. It also means being realistic about the cost of repairs and renovations and knowing how much you can afford.</p><h3 id="5-have-realistic-expectations" class="wp-block-heading"><strong>5. Have Realistic Expectations</strong></h3><p>The fifth and final step is to have realistic expectations. This means understanding that buying a home can be stressful and that there may be unexpected delays or problems. It also means knowing that the perfect property may not exist and that you may have to compromise on some of your wants and needs.</p><p>These five simple steps can reduce stress when buying a home and make the process much easier. Remember, getting professional help and advice when buying a property is essential to ensure you get the best deal possible.</p><h3><strong>Where To Find Help With Buying Your Dream Home?</strong></h3><p>We all know that buying a home is one of the most stressful things you can do. It’s a significant financial decision, so many things to consider. But don’t worry, we’re here to help.</p><p>MLS Finance and our team of experienced mortgage brokers can help you find the right loan for your needs and compare home loan rates from various lenders. We can also help you negotiate the best price for your new home and advise on stamp duty, legal fees and other costs.</p><p><strong>Call us</strong> at 0490 828 485 or email at contact@investorfi.com.au if you’re ready to buy your dream home.</p>

5 Simple Tips to Reduce Stress When Buying a Home

<div class="et_pb_section et_pb_section_1 et_section_regular"><div class="et_pb_row et_pb_row_1"><div class="et_pb_column et_pb_column_4_4 et_pb_column_1  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_blurb et_pb_blurb_0  et_pb_text_align_left  et_pb_blurb_position_left et_pb_bg_layout_light"><div class="et_pb_blurb_content"><div class="et_pb_main_blurb_image"><span class="et_pb_image_wrap et_pb_only_image_mode_wrap"><img class="et_pb_animation_top et_pb_animation_top_tablet et_pb_animation_top_phone wp-image-12550 ls-is-cached lazyloaded et-animated et_had_animation" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" sizes="(max-width: 343px) 100vw, 343px" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" alt="" width="343" height="252" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" data-sizes="(max-width: 343px) 100vw, 343px" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png"></span></div><div class="et_pb_blurb_container">MLS Finance<a href="https://www.mlsfinance.com.au/category/business/" data-mce-href="https://www.mlsfinance.com.au/category/business/">Business to Business</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/commercial-investment/" data-mce-href="https://www.mlsfinance.com.au/category/commercial-investment/">Commercial Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/first-home-buyers/" data-mce-href="https://www.mlsfinance.com.au/category/first-home-buyers/">First Home Buyers</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/general/" data-mce-href="https://www.mlsfinance.com.au/category/general/">General</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-investment/" data-mce-href="https://www.mlsfinance.com.au/category/property-investment/">Property Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-purchase/" data-mce-href="https://www.mlsfinance.com.au/category/property-purchase/">Property Purchase</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/refinancing/" data-mce-href="https://www.mlsfinance.com.au/category/refinancing/">Refinancing</a></div><div class="et_pb_blurb_container"><strong style="font-family: var(--body-fontFamily);"><a href="https://www.mlsfinance.com.au/the-importance-of-having-the-right-team/#" data-mce-href="https://www.mlsfinance.com.au/the-importance-of-having-the-right-team/">Read time: 3 minutes, 57 seconds.﻿</a></strong><br></div><div class="et_pb_blurb_container"><strong style="font-family: var(--body-fontFamily);"><br data-mce-bogus="1"></strong></div></div></div></div></div><div class="et_pb_row et_pb_row_2"><div class="et_pb_column et_pb_column_4_4 et_pb_column_2  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">When buying an investment property, don’t skimp on your team. If you’re thinking of buying an investment property, you’re doing it to make money. So it only makes sense that you have the right team to get you to your goal.&nbsp;There are many ways that you can end up in the negative when you make a careless investment. However, the benefits are even greater when you can see the process through the eyes of professionals.Currently, there are almost&nbsp;<a href="https://www2.asx.com.au/blog/australian-investor-study" data-mce-href="https://www2.asx.com.au/blog/australian-investor-study">9 million Australians who own investment property</a>.&nbsp;Bear in mind, we are talking about people who own a property that is not being used as their primary home. That’s roughly 30% of the population.&nbsp;Since the pandemic, this number has increased, and so has the property prices. Today, 25% of homes in the country are&nbsp;<a href="https://www.smh.com.au/politics/federal/millionaire-nation-one-in-four-australian-homes-now-worth-more-than-1m-20211116-p5999i.html" data-mce-href="https://www.smh.com.au/politics/federal/millionaire-nation-one-in-four-australian-homes-now-worth-more-than-1m-20211116-p5999i.html">worth at least $1 million</a>&nbsp;a piece. While interest rates are low, however, you still want to make sure that you are not bleeding money throughout the buying process.“Now, $1.5 million hardly gets you a house in many places. We have seen the housing market value go from $7 trillion to $8 trillion to $9 trillion in a year and a half.”&nbsp; – Rich Harvey, Property Buyer’s Agent<h4 id="-2"></h4></div><div class="et_pb_text_inner"><br></div><div class="et_pb_text_inner"><br></div></div></div></div></div><div class="et_pb_section et_pb_section_2 et_section_regular"><div class="et_pb_row et_pb_row_3"><div class="et_pb_column et_pb_column_4_4 et_pb_column_3  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="what-to-consider-first"><strong>WHAT TO CONSIDER FIRST</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_4"><div class="et_pb_column et_pb_column_4_4 et_pb_column_4  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_2  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Buying an investment property is a very large expense and requires a lot of work. There are many things that need to be considered before making an offer on a property. You need to think about things like:– How much money do I have available for a down payment?&nbsp;– What is my exit strategy?&nbsp;– How much will it cost me to renovate or rehab the property?&nbsp;– How much cash flow will this property generate?<p><br></p><p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_5"><div class="et_pb_column et_pb_column_4_4 et_pb_column_5  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_3  et_pb_text_align_left et_pb_bg_layout_light"><h3 class="et_pb_text_inner"><strong>HAVING A GOOD TEAM WHEN BUYING INVESTMENT PROPERTY</strong></h3></div></div></div><div class="et_pb_row et_pb_row_6"><div class="et_pb_column et_pb_column_4_4 et_pb_column_6  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_4  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">You’ve heard the saying “Your Network Is Your Net Worth” right? Well, if you consider this when building your team, then your net worth will grow exponentially! Here are four people you should have in your pocket to close that deal:<p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_3 et_section_regular"><div class="et_pb_row et_pb_row_7"><div class="et_pb_column et_pb_column_4_4 et_pb_column_7  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_5  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="1-accountant"><strong>1. ACCOUNTANT</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_8"><div class="et_pb_column et_pb_column_4_4 et_pb_column_8  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_6  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">When executed correctly, garage conversions have the potential to&nbsp;<a href="https://uk.virginmoney.com/brighter-money/how-to-add-value-to-your-home" data-mce-href="https://uk.virginmoney.com/brighter-money/how-to-add-value-to-your-home">increase your property’s value by up to 10-15%</a>.&nbsp;We’re talking about real estate here. So there’s an excellent chance your accountant will be called upon to give their professional input. It’s also a good idea to get their stamp of approval on any important financial decisions you make.Your accountant can see the bigger picture when it comes to your finances. So when you’re ready to invest, they can help you determine your investment potential based on several factors including your current income. They can show you things that you didn’t even think of before. Your accountant will also be able to advise on things like&nbsp;<a href="https://duotax.com.au/capital-gains-tax-property-6-year-rule/" data-mce-href="https://duotax.com.au/capital-gains-tax-property-6-year-rule/">capital gains tax</a>&nbsp;when it’s tax time.“Ask your accountant to work through a budget with you in terms of what it will look like post-purchase, making sure you’ve allowed for all the costs, making sure you’ve allowed for the debt, understanding whether you should be borrowing on an interest-only basis and what the cash flow impact of that is.” -Greg Hayes, Hayes Knight Accountants and Business Advisors<br></div><div class="et_pb_text_inner"><br></div><div class="et_pb_text_inner"><br></div></div></div></div><div class="et_pb_row et_pb_row_9"><div class="et_pb_column et_pb_column_4_4 et_pb_column_9  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_7  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="2-a-mortgage-broker"><strong>2. A MORTGAGE BROKER</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_10"><div class="et_pb_column et_pb_column_4_4 et_pb_column_10  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_8  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">You need a mortgage broker who is knowledgeable about investment properties. Your mortgage broker will help you&nbsp;<a href="https://qsuper.qld.gov.au/news-hub/articles/2017/09/27/14/38/what-does-a-mortgage-broker-do" data-mce-href="https://qsuper.qld.gov.au/news-hub/articles/2017/09/27/14/38/what-does-a-mortgage-broker-do">choose the right financing for your investment</a>.&nbsp;A good mortgage broker will be able to provide you with different options from different lenders based on your needs. They do the negotiations on your behalf.The mortgage broker is paid a fee by the institution that you finally settle on. So you don’t need to think about paying a mortgage broker out of your pocket. Plus, they will help you complete all necessary documents to ensure that you have a smooth transaction.<p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_4 et_section_regular"><div class="et_pb_row et_pb_row_11"><div class="et_pb_column et_pb_column_4_4 et_pb_column_11  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_9  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="3-a-buyers-agent"><strong>3. A BUYER’S AGENT</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_12"><div class="et_pb_column et_pb_column_4_4 et_pb_column_12  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_10  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Get a buyer’s agent who understands investment properties and how they differ from residential ones. A good buyer’s agent can&nbsp;<a href="https://www.homeloanexperts.com.au/home-loan-articles/why-use-a-buyers-agency/" data-mce-href="https://www.homeloanexperts.com.au/home-loan-articles/why-use-a-buyers-agency/">get you access to property</a>&nbsp;that isn’t even on the market yet. They have direct access to sellers in different areas. So they can make sure you find the right property.<p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_13"><div class="et_pb_column et_pb_column_4_4 et_pb_column_13  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_11  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="4-a-conveyencer"><strong>4. A CONVEYENCER</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_14"><div class="et_pb_column et_pb_column_4_4 et_pb_column_14  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_12  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Your lawyer is a must for any legal matters. So when it comes to real estate transfers, a conveyancer is a must-have on your team. They are also invaluable when it comes time to draw up contracts to protect both parties interests in the property over the long haul.Your conveyancer makes sure you don’t get tied up in anything like pre-existing&nbsp;<a href="https://www.anz.com.au/personal/home-loans/tips-and-guides/choosing-a-conveyancer/" data-mce-href="https://www.anz.com.au/personal/home-loans/tips-and-guides/choosing-a-conveyancer/">covenants, caveats, and easements</a>,&nbsp;for example. They will make sure that the paperwork related to the purchase, such as the title, checks out.Most importantly, any of these people should be able to tell you that you’re making a mistake or advise against a certain idea. If they can’t, then they aren’t doing their job correctly. You want someone who will tell you when something isn’t right.If you’re considering buying an investment property, it pays to speak with a few different professionals. As we mentioned in this post, there are people who can help you find the right investment and others who specialise in making sure everything goes smoothly once the purchase is complete. It’s always best to have your team of experts lined up before taking any action. What type of expertise do you need? MLS Finance can help connect you with those service providers today!<br></div><div class="et_pb_text_inner"><br></div></div></div></div></div><div class="et_pb_section et_pb_section_5 et_section_regular"><div class="et_pb_row et_pb_row_15"><div class="et_pb_column et_pb_column_4_4 et_pb_column_15  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_13  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">🌐&nbsp;<strong>Website:</strong>&nbsp;<a href="https://www.mlsfinance.com.au/reach-out-to-us/" target="_blank" rel="noopener" data-mce-href="https://www.mlsfinance.com.au/reach-out-to-us/">Get in touch</a>📞&nbsp;<strong>Call:</strong>&nbsp;02 9635 1888📩&nbsp;<strong>Email:</strong>&nbsp;enquiries@mlsfinance.com.au🏠&nbsp;<strong>Ready to invest now?</strong>&nbsp;Fill out&nbsp;<a href="https://heyflow.id/mls-investing" target="_blank" rel="noopener" data-mce-href="https://heyflow.id/mls-investing">this questionnaire</a>&nbsp;and we’ll get back to YOU!</div></div></div></div></div>

The Importance Of Having The Right Team

<div class="et_pb_section et_pb_section_1 et_section_regular"><div class="et_pb_row et_pb_row_1"><div class="et_pb_column et_pb_column_4_4 et_pb_column_1  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_blurb et_pb_blurb_0  et_pb_text_align_left  et_pb_blurb_position_left et_pb_bg_layout_light"><div class="et_pb_blurb_content"><div class="et_pb_main_blurb_image"><span class="et_pb_image_wrap et_pb_only_image_mode_wrap"><img class="et_pb_animation_top et_pb_animation_top_tablet et_pb_animation_top_phone wp-image-12550 lazyloaded et-animated et_had_animation" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" sizes="(max-width: 343px) 100vw, 343px" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" alt="" width="343" height="252" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" data-sizes="(max-width: 343px) 100vw, 343px" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png"></span></div><div class="et_pb_blurb_container"><h4 id="mls-finance" class="et_pb_module_header">MLS Finance</h4><div class="et_pb_blurb_description"><a href="https://www.mlsfinance.com.au/category/commercial-investment/" data-mce-href="https://www.mlsfinance.com.au/category/commercial-investment/">Commercial Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/first-home-buyers/" data-mce-href="https://www.mlsfinance.com.au/category/first-home-buyers/">First Home Buyers</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/general/" data-mce-href="https://www.mlsfinance.com.au/category/general/">General</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-investment/" data-mce-href="https://www.mlsfinance.com.au/category/property-investment/">Property Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-purchase/" data-mce-href="https://www.mlsfinance.com.au/category/property-purchase/">Property Purchase</a></div></div></div></div></div></div><div class="et_pb_row et_pb_row_2"><div class="et_pb_column et_pb_column_4_4 et_pb_column_2  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><p><strong><a href="https://www.mlsfinance.com.au/dos-and-donts-when-dealing-with-real-estate-agents%ef%bf%bc/#" data-mce-href="https://www.mlsfinance.com.au/dos-and-donts-when-dealing-with-real-estate-agents%ef%bf%bc/">Read time: 4&nbsp;minutes, 09 seconds.</a></strong></p><h4 id=""><br></h4>An unlikely result of the pandemic was Australia’s housing market boom.&nbsp;<a href="https://www.realestate.com.au/news/half-a-million-average-profit-where-home-sellers-made-a-killing-off-sydney-housing-boom/" data-mce-href="https://www.realestate.com.au/news/half-a-million-average-profit-where-home-sellers-made-a-killing-off-sydney-housing-boom/">95.7% of sellers sold their homes</a>&nbsp;for more than the initial purchase price.&nbsp;With this trend expected to continue into 2022, you may consider this the right time to sell your property. However, timing is everything. Though others may have found success in the real estate market recently, your case could differ.&nbsp;Before selling your property, you’ll want to consider how much money homes selling for in your area. After all, that’s a good indication of what potential buyers are willing to spend on your property.&nbsp;<p><br data-mce-bogus="1"></p></div></div></div></div></div><div class="et_pb_section et_pb_section_2 et_section_regular"><div class="et_pb_row et_pb_row_3"><div class="et_pb_column et_pb_column_4_4 et_pb_column_3  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="selling-privately-versus-using-a-real-estate-agent"><strong>SELLING PRIVATELY VERSUS USING A REAL ESTATE AGENT</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_4"><div class="et_pb_column et_pb_column_4_4 et_pb_column_4  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_2  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Around&nbsp;<a href="https://www.abc.net.au/news/2019-05-11/what-to-look-out-for-when-selling-your-house-privately/11083864" data-mce-href="https://www.abc.net.au/news/2019-05-11/what-to-look-out-for-when-selling-your-house-privately/11083864">5-10% of properties in Tasmania were sold privately</a>&nbsp;in 2019. It’s perfectly legal to sell your property on your own in Australia. Going the private route is attractive for a variety of reasons. You’re able to save on agent and agency fees. Plus, platforms like&nbsp;<a href="https://www.gumtree.com.au/" data-mce-href="https://www.gumtree.com.au/">Gumtree</a>&nbsp;and social media websites make this process convenient and simple for users. People reported that they were driven to these avenues after being unsuccessful with real estate firms.&nbsp;However, privately selling comes with its own set of risks. Past President of the Real Estate Institute of Tasmania, Tony Collidge, warned that the biggest risks were legal problems arising, particularly around failures in disclosing information relevant to the sale.&nbsp;Things get a bit more complicated when it comes to negotiating with a prospective buyer. He also went on to add that in general, real estate agents can secure higher prices for properties. They have access to databases of potential buyers that individuals do not.&nbsp;“Good agents are able to introduce a number of buyers to a property and then try and force those buyers as high as they can.”&nbsp; – Tony Collidge, Past President of the Real Estate Institute of Tasmania<p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_5"><div class="et_pb_column et_pb_column_4_4 et_pb_column_5  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_3  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="dos-and-donts-when-dealing-with-real-estate-agents-2"><strong>DO’S AND DON’TS WHEN DEALING WITH REAL ESTATE AGENTS</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_6"><div class="et_pb_column et_pb_column_4_4 et_pb_column_6  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_4  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Leaving the heavy lifting to an agent doesn’t mean our work as property owners is done. There are several ways to increase the likelihood of a positive outcome. Below are some do’s and don’ts to help you through the process of selling your property through a real estate agent.<p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_3 et_section_regular"><div class="et_pb_row et_pb_row_7"><div class="et_pb_column et_pb_column_4_4 et_pb_column_7  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_5  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="1-dont-base-your-real-estate-agent-choice-on-price-only"><strong>1. DON’T BASE YOUR REAL ESTATE AGENT CHOICE ON PRICE ONLY</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_8"><div class="et_pb_column et_pb_column_4_4 et_pb_column_8  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_6  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Your number one priority should be finding someone that can sell your property at the highest price. Going with the lowest commission could see you losing out on massive profits.&nbsp;Instead, base your choice on their knowledge, background, and ability to close sales in a timely fashion. Do your research online to find local agents, backed by a history of good results.&nbsp; Shortlist the&nbsp;<a href="https://www.onegov.nsw.gov.au/publicregister/#/publicregister/search/Property" data-mce-href="https://www.onegov.nsw.gov.au/publicregister/#/publicregister/search/Property">licensed real estate agents</a>&nbsp;who have sold properties similar to yours, and thoroughly vet them.&nbsp;Also, inquire about how long it will take them to sell your property.&nbsp;“Metrics like average days on market or auction clearance rates are incredibly important when selecting your agent.”&nbsp; -Michael Townsend, Principal, McGrath St Kilda<p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_9"><div class="et_pb_column et_pb_column_4_4 et_pb_column_9  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_7  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="2-dont-be-unreasonable-or-unclear-in-your-expectations"><strong>2. DON’T BE UNREASONABLE OR UNCLEAR IN YOUR EXPECTATIONS</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_10"><div class="et_pb_column et_pb_column_4_4 et_pb_column_10  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_8  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Set realistic goals for the sale of your property. If homes in your neighbourhood are selling for 1 million on average, pricing yours at 3 million doesn’t make much sense. Real estate agents should advise you on their&nbsp;<a href="https://www.consumer.vic.gov.au/library/publications/housing-and-accommodation/buying-and-selling-property/real-estate-a-guide-for-buyers-and-sellers.pdf" data-mce-href="https://www.consumer.vic.gov.au/library/publications/housing-and-accommodation/buying-and-selling-property/real-estate-a-guide-for-buyers-and-sellers.pdf">estimated selling price, commission fees, and marketing plans</a>.&nbsp;Listen to their advice and ask as many questions as possible.If the process is going slower than you originally anticipated, ask how you can help. They may suggest lowering your selling price. Remember, they want to sell your property as much as you do. If they suggest investing more into advertising to increase visibility, it may be worth the consideration.&nbsp;<p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_4 et_section_regular"><div class="et_pb_row et_pb_row_11"><div class="et_pb_column et_pb_column_4_4 et_pb_column_11  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_9  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="3-dont-forget-that-a-real-estate-agents-commission-rate-is-negotiable"><strong>3. DON’T FORGET THAT A REAL ESTATE AGENT’S COMMISSION RATE IS NEGOTIABLE&nbsp;</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_12"><div class="et_pb_column et_pb_column_4_4 et_pb_column_12  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_10  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">As the rate isn’t set by law, negotiating it is within your rights. Throughout Australia, real estate commissions typically range from around&nbsp;<a href="https://www.canstar.com.au/home-loans/real-estate-commission-fees/" data-mce-href="https://www.canstar.com.au/home-loans/real-estate-commission-fees/">1.6% to 4% of the property’s selling price</a>.&nbsp; Please note that commissions can only be negotiated before your property has been sold. So it’s smart to shop around for the best rates before approaching a real estate agent. It is advised to&nbsp;<a href="https://www.fairtrading.nsw.gov.au/housing-and-property/buying-and-selling-property/selling-a-property/using-an-agent" data-mce-href="https://www.fairtrading.nsw.gov.au/housing-and-property/buying-and-selling-property/selling-a-property/using-an-agent">get quotes from at least 3 real estate agents</a>&nbsp;before making a decision.<br>After settling on fees and costs, best practice is to ask your agent to provide written quotes detailing:&nbsp;<ul><li aria-level="1">– Rate of commission</li><li aria-level="1">– Marketing charges</li><li aria-level="1">– Any additional fees&nbsp;</li></ul>Along with protection, this provides property sellers with the opportunity to prepare financially for the process.&nbsp;Real estate agents increase our chances of finding a buyer fast and selling for the highest price. However, these gains can only be realised when we engage in prior research and do our due diligence to select the right one.&nbsp;At MLS Finance we have a number of real estate agents we have partners with that not only align with our ethos but hopefully yours too. Feel free to send us a DM and we are more than happy to make the introductions.<p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_5 et_section_regular"><div class="et_pb_row et_pb_row_13"><div class="et_pb_column et_pb_column_4_4 et_pb_column_13  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_11  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h4 id="-2"></h4><h4 id="-3"></h4>🌐&nbsp;<strong>Website:</strong>&nbsp;<a href="https://www.mlsfinance.com.au/reach-out-to-us/" target="_blank" rel="noopener" data-mce-href="https://www.mlsfinance.com.au/reach-out-to-us/">Get in touch</a>📞&nbsp;<strong>Call:</strong>&nbsp;02 9635 1888📩&nbsp;<strong>Email:</strong>&nbsp;enquiries@mlsfinance.com.au🏠&nbsp;<strong>Ready to invest now?</strong>&nbsp;Fill out&nbsp;<a href="https://heyflow.id/mls-investing" target="_blank" rel="noopener" data-mce-href="https://heyflow.id/mls-investing">this questionnaire</a>&nbsp;and we’ll get back to YOU!</div></div></div></div></div>

Do’s and Dont’s When Dealing With Real Estate Agents

<div class="et_pb_section et_pb_section_1 et_section_regular"><div class="et_pb_row et_pb_row_1"><div class="et_pb_column et_pb_column_4_4 et_pb_column_1  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_blurb et_pb_blurb_0  et_pb_text_align_left  et_pb_blurb_position_left et_pb_bg_layout_light"><div class="et_pb_blurb_content"><div class="et_pb_main_blurb_image"><span class="et_pb_image_wrap et_pb_only_image_mode_wrap"><img class="et_pb_animation_top et_pb_animation_top_tablet et_pb_animation_top_phone wp-image-12550 ls-is-cached lazyloaded et-animated et_had_animation" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" sizes="(max-width: 343px) 100vw, 343px" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" alt="" width="343" height="252" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" data-sizes="(max-width: 343px) 100vw, 343px" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png"></span></div><div class="et_pb_blurb_container"><h4 id="mls-finance" class="et_pb_module_header">MLS Finance</h4><div class="et_pb_blurb_description"><a href="https://www.mlsfinance.com.au/category/commercial-investment/" data-mce-href="https://www.mlsfinance.com.au/category/commercial-investment/">Commercial Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/first-home-buyers/" data-mce-href="https://www.mlsfinance.com.au/category/first-home-buyers/">First Home Buyers</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/general/" data-mce-href="https://www.mlsfinance.com.au/category/general/">General</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-investment/" data-mce-href="https://www.mlsfinance.com.au/category/property-investment/">Property Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-purchase/" data-mce-href="https://www.mlsfinance.com.au/category/property-purchase/">Property Purchase</a></div></div></div></div></div></div><div class="et_pb_row et_pb_row_2"><div class="et_pb_column et_pb_column_4_4 et_pb_column_2  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><p><strong><a href="https://www.mlsfinance.com.au/investing-vs-purchasing-your-dream-home/#" data-mce-href="https://www.mlsfinance.com.au/investing-vs-purchasing-your-dream-home/">Read time: 3&nbsp;minutes, 48 seconds.</a></strong></p><h4 id=""><br></h4>There are so many things to consider like which option will give you the greatest return. Or how long should you keep your home before selling it? However, making all the right choices isn’t always easy.&nbsp;The truth is there are many paths to building wealth, and deciding to purchase property is one of them. Purchasing your ‘dream’ home isn’t always the right decision, though.“Ongoing gains in housing values, low mortgage rates, and a wider than normal spread between mortgage rates and rental yields should see investors continue to be a force in the market.”&nbsp; -Tim Lawless, CoreLogicWhether you’re in your 20s and dreaming of homeownership, or well into your 50s and thinking about moving from a large home to a city unit, it’s natural to wonder when the perfect time is to buy. Here are some considerations to help you decide when the time is right for you.</div><div class="et_pb_text_inner"><br data-mce-bogus="1"></div><div class="et_pb_text_inner"><br data-mce-bogus="1"></div></div></div></div></div><div class="et_pb_section et_pb_section_2 et_section_regular"><div class="et_pb_row et_pb_row_3"><div class="et_pb_column et_pb_column_4_4 et_pb_column_3  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="purchasing-your-dream-home-pros-and-cons"><strong>PURCHASING YOUR DREAM HOME: PROS AND CONS</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_4"><div class="et_pb_column et_pb_column_4_4 et_pb_column_4  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_2  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Since the 1990’s house prices have&nbsp;<a href="https://www.news.com.au/finance/money/investing/renting-buying-or-rentvesting-which-is-better-financially/news-story/ae1518898ba4ba80b259c132f34a5805" data-mce-href="https://www.news.com.au/finance/money/investing/renting-buying-or-rentvesting-which-is-better-financially/news-story/ae1518898ba4ba80b259c132f34a5805">gone up more than 400%</a>. At the same time, interest rates are still low. So a lot of people are seeing this as their chance to buy their dream home while low interest rates last. However, since&nbsp;<a href="https://www.abc.net.au/news/2022-01-31/why-australia-should-not-panic-about-possible-interest-rate-rise/100791424" data-mce-href="https://www.abc.net.au/news/2022-01-31/why-australia-should-not-panic-about-possible-interest-rate-rise/100791424">inflation reached 3.5% at the end of 2021</a>, there have been questions surrounding how long this will continue.<p><br></p><p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_5"><div class="et_pb_column et_pb_column_1_2 et_pb_column_6  et_pb_css_mix_blend_mode_passthrough et-last-child"><h3 class="et_pb_module et_pb_text et_pb_text_3  et_pb_text_align_left et_pb_bg_layout_light"><strong>PROS</strong></h3></div></div><div class="et_pb_row et_pb_row_6"><div class="et_pb_column et_pb_column_4_4 et_pb_column_7  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_4  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">– You have more control over your living space. So you can customise your home as you see fit.– You don’t have to worry about rent increases every year. Plus, your monthly mortgage payment can be cheaper than paying rent.–&nbsp;You may get significant tax breaks. If you are a first-time homebuyer, you&nbsp;<a href="https://www.mortgagechoice.com.au/blog/home-loans/2021/08/tax-incentives-for-home-owners-in-2021/?fid=wa515" data-mce-href="https://www.mortgagechoice.com.au/blog/home-loans/2021/08/tax-incentives-for-home-owners-in-2021/?fid=wa515">can claim for stamp duty</a>.<br></div></div></div></div><div class="et_pb_row et_pb_row_7"><div class="et_pb_column et_pb_column_1_2 et_pb_column_8  et_pb_css_mix_blend_mode_passthrough et_pb_column_empty"><br></div><div class="et_pb_column et_pb_column_1_2 et_pb_column_9  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_5  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="cons"><strong>CONS</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_8"><div class="et_pb_column et_pb_column_4_4 et_pb_column_10  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_6  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">–&nbsp;There are hidden fees and costs associated with homeownership that you might not realise until it is too late. For example, property taxes, repairs, etc.– You may not be able to move when you want to because selling a house takes time and money.<p><br></p></div><div class="et_pb_text_inner"><br data-mce-bogus="1"></div><div class="et_pb_text_inner"><br data-mce-bogus="1"></div></div></div></div></div><div class="et_pb_section et_pb_section_3 et_section_regular"><div class="et_pb_row et_pb_row_9"><div class="et_pb_column et_pb_column_4_4 et_pb_column_11  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_7  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="investing-pros-and-cons"><strong>INVESTING: PROS AND CONS</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_10"><div class="et_pb_column et_pb_column_4_4 et_pb_column_12  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_8  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">When investing in real estate, you have to hold onto the property and keep it maintained until it increases in value. Many people jump into real estate investing without knowing how to maintain the property once it has been purchased.<p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_11"><div class="et_pb_column et_pb_column_1_2 et_pb_column_13  et_pb_css_mix_blend_mode_passthrough et_pb_column_empty"><br></div><div class="et_pb_column et_pb_column_1_2 et_pb_column_14  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_9  et_pb_text_align_left et_pb_bg_layout_light"><h3 class="et_pb_text_inner"><strong>PROS</strong></h3></div></div></div><div class="et_pb_row et_pb_row_12"><div class="et_pb_column et_pb_column_4_4 et_pb_column_15  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_10  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><ul><li aria-level="1">– Real estate is a stable investment. Unlike stocks, which can go up and down or even become worthless overnight, real estate tends to appreciate over time.&nbsp;<a href="https://www.rba.gov.au/publications/bulletin/2015/sep/3.html#:~:text=Housing%20is%20the%20most%20important,the%20majority%20of%20Australian%20households.&amp;text=Over%20the%20past%2030%20years,per%20year%20(Graph%201)." data-mce-href="https://www.rba.gov.au/publications/bulletin/2015/sep/3.html#:~:text=Housing%20is%20the%20most%20important,the%20majority%20of%20Australian%20households.&amp;text=Over%20the%20past%2030%20years,per%20year%20(Graph%201).">Home values tend to rise along with inflation.</a>&nbsp;So it’s likely your rental property will do the same.</li></ul><ul><li aria-level="1">– Real estate is tangible, unlike other investments. You can even visit your investment property if you want.</li></ul><ul><li aria-level="1">– Investing in real estate is a&nbsp;<a href="https://www.nab.com.au/personal/life-moments/home-property/invest-property/deciding" data-mce-href="https://www.nab.com.au/personal/life-moments/home-property/invest-property/deciding">great way to diversify your portfolio</a>&nbsp;and protect against market downturns. If a stock loses value, the loss is reflected in the price of the stock itself. With real estate, however, the loss is limited to the down payment and any financing costs.</li><li aria-level="1">– You don’t have to deal with property maintenance. With an investment property, your job is simply to collect the rent check on time and ensure everything is running smoothly from an administrative standpoint.</li><li aria-level="1">– You can&nbsp;<a href="https://www.aussiefirebug.com/property-vs-shares/" data-mce-href="https://www.aussiefirebug.com/property-vs-shares/">add value to your investment</a>.&nbsp;When you upgrade an investment property, you can benefit from it. However, this is not the case when renovating your primary home because you live there. With your investment, upgrades mean you can charge more for rent.</li><li aria-level="1">– When you invest in real estate,&nbsp;<a href="https://www.mckinleyplowman.com.au/community/news/investment-property-gives-tax-back/" data-mce-href="https://www.mckinleyplowman.com.au/community/news/investment-property-gives-tax-back/">you get tax benefits</a>.&nbsp;You can claim deductions for things like rental expenses, land taxes, property management fees, maintenance, and repairs.</li></ul><br></div></div></div></div></div><div class="et_pb_section et_pb_section_4 et_section_regular"><div class="et_pb_row et_pb_row_13"><div class="et_pb_column et_pb_column_4_4 et_pb_column_16  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_11  et_pb_text_align_left et_pb_bg_layout_light"><h3 class="et_pb_text_inner"><strong>CONS</strong></h3></div></div></div><div class="et_pb_row et_pb_row_14"><div class="et_pb_column et_pb_column_4_4 et_pb_column_17  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_12  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><ul><li aria-level="1">– Tying up a large sum of money for an extended period. Let’s say you buy a $1,000,000 house and finance it over 30 years at around 3.7% interest. You’ll be paying $4,415 a month (plus taxes and insurance). If&nbsp;<a href="https://www.nab.com.au/personal/life-moments/home-property/invest-property/cash-flow" data-mce-href="https://www.nab.com.au/personal/life-moments/home-property/invest-property/cash-flow">your cash flow</a>&nbsp;isn’t that high, you need to either reduce your payments or increase your income.</li></ul><ul><li aria-level="1">– If the value of your property goes down and there aren’t enough assets in the property (like tenants), you might lose money on the deal.</li><li aria-level="1">– It’s hard to watch over a property if you aren’t close by. You may have to rely on agents and others to keep an eye on things for you.</li></ul><br></div></div><div class="et_pb_module et_pb_text et_pb_text_13  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="permanent-home-versus-investment"><strong>PERMANENT HOME VERSUS INVESTMENT</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_15"><div class="et_pb_column et_pb_column_4_4 et_pb_column_18  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_14  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><ul><li aria-level="1">“There’s certainly a lot of advantages with investment property: large investment footprint, good tax deductions, relatively stable asset value, you can borrow against them…” – Hamish Landreth, Financial ConsultantWhether or not you should invest in real estate instead of buying will have to be decided on an individual basis. MLS Finance can help you find the best solution for you, whether that means investing in a property and building equity over time or buying your dream home now. Give us a call today to discuss your options!<br></li></ul><p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_5 et_section_regular"><div class="et_pb_row et_pb_row_16"><div class="et_pb_column et_pb_column_4_4 et_pb_column_19  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_15  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h4 id="-10"></h4><h4 id="-11"></h4>🌐&nbsp;<strong>Website:</strong>&nbsp;<a href="https://www.mlsfinance.com.au/reach-out-to-us/" target="_blank" rel="noopener" data-mce-href="https://www.mlsfinance.com.au/reach-out-to-us/">Get in touch</a>📞&nbsp;<strong>Call:</strong>&nbsp;02 9635 1888📩&nbsp;<strong>Email:</strong>&nbsp;enquiries@mlsfinance.com.au🏠&nbsp;<strong>Ready to invest now?</strong>&nbsp;Fill out&nbsp;<a href="https://heyflow.id/mls-investing" target="_blank" rel="noopener" data-mce-href="https://heyflow.id/mls-investing">this questionnaire</a>&nbsp;and we’ll get back to YOU!</div></div></div></div></div>

Investing vs Purchasing Your Dream Home

<div class="et_pb_section et_pb_section_1 et_section_regular"><div class="et_pb_row et_pb_row_1"><div class="et_pb_column et_pb_column_4_4 et_pb_column_1  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_blurb et_pb_blurb_0  et_pb_text_align_left  et_pb_blurb_position_left et_pb_bg_layout_light"><div class="et_pb_blurb_content"><div class="et_pb_main_blurb_image"><span class="et_pb_image_wrap et_pb_only_image_mode_wrap"><img class="et_pb_animation_top et_pb_animation_top_tablet et_pb_animation_top_phone wp-image-12550 et-animated et_had_animation ls-is-cached lazyloaded" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" sizes="(max-width: 343px) 100vw, 343px" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" alt="" width="343" height="252" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" data-sizes="(max-width: 343px) 100vw, 343px" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png"></span></div><div class="et_pb_blurb_container"><h4 id="mls-finance" class="et_pb_module_header">MLS Finance</h4><div class="et_pb_blurb_description"><a href="https://www.mlsfinance.com.au/category/commercial-investment/" data-mce-href="https://www.mlsfinance.com.au/category/commercial-investment/">Commercial Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/first-home-buyers/" data-mce-href="https://www.mlsfinance.com.au/category/first-home-buyers/">First Home Buyers</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/general/" data-mce-href="https://www.mlsfinance.com.au/category/general/">General</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-investment/" data-mce-href="https://www.mlsfinance.com.au/category/property-investment/">Property Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-purchase/" data-mce-href="https://www.mlsfinance.com.au/category/property-purchase/">Property Purchase</a></div></div></div></div></div></div><div class="et_pb_row et_pb_row_2"><div class="et_pb_column et_pb_column_4_4 et_pb_column_2  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><p><strong><a href="https://www.mlsfinance.com.au/what-to-inspect-before-you-invest-in-a-property/#" data-mce-href="https://www.mlsfinance.com.au/what-to-inspect-before-you-invest-in-a-property/">Read time: 4&nbsp;minutes, 03 seconds.</a></strong></p><h4 id=""><br></h4>Buying a home is a big decision. For first-time buyers, making such a large investment can be overwhelming. Especially, if you have no idea what to look for when inspecting a property. You may end up with some unexpected future expenses. So, get the property inspected by a professional before&nbsp;<a href="https://www.qld.gov.au/law/housing-and-neighbours/buying-and-selling-a-property/buying-a-home/making-an-offer-on-a-home/contract-of-sale" data-mce-href="https://www.qld.gov.au/law/housing-and-neighbours/buying-and-selling-a-property/buying-a-home/making-an-offer-on-a-home/contract-of-sale">signing&nbsp;a contract of sale</a>.</div><div class="et_pb_text_inner"><br></div><div class="et_pb_text_inner"><br></div></div></div></div></div><div class="et_pb_section et_pb_section_2 et_section_regular"><div class="et_pb_row et_pb_row_3"><div class="et_pb_column et_pb_column_4_4 et_pb_column_3  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="why-property-inspections-are-important"><strong>WHY PROPERTY INSPECTIONS ARE IMPORTANT</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_4"><div class="et_pb_column et_pb_column_4_4 et_pb_column_4  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_2  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Property inspections can identify unsafe renovations and repairs and structural defects. A property inspection can reveal any significant underlying issue a property may have. Ensure that the inspection service you use offers&nbsp;<a href="https://www.consumer.vic.gov.au/housing/buying-and-selling-property/buying-property/inspect-properties-before-you-buy#:~:text=Use%20an%20inspection%20service%20with,it%20is%20independent%20and%20accurate." data-mce-href="https://www.consumer.vic.gov.au/housing/buying-and-selling-property/buying-property/inspect-properties-before-you-buy#:~:text=Use%20an%20inspection%20service%20with,it%20is%20independent%20and%20accurate.">full professional indemnity insurance</a>.&nbsp;This insurance protects you against any problems missed during the inspection.<p><br></p><p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_5"><div class="et_pb_column et_pb_column_1_2 et_pb_column_5  et_pb_css_mix_blend_mode_passthrough et_pb_column_empty"><br></div><div class="et_pb_column et_pb_column_1_2 et_pb_column_6  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_3  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="properties-built-before-the-1980s"><strong>PROPERTIES BUILT BEFORE THE 1980S</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_6"><div class="et_pb_column et_pb_column_4_4 et_pb_column_7  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_4  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Generally, building inspectors will check all the accessible parts of the property. This includes the building’s interior, exterior, roof, crawl spaces, etc. However, properties constructed before the 1980s contain&nbsp;<a href="https://www1.health.gov.au/internet/publications/publishing.nsf/Content/asbestos-toc~asbestos-when-and-where#:~:text=In%20Australia%2C%20asbestos%20cement%20materials,favour%20of%20asbestos%2Dfree%20products." data-mce-href="https://www1.health.gov.au/internet/publications/publishing.nsf/Content/asbestos-toc~asbestos-when-and-where#:~:text=In%20Australia%2C%20asbestos%20cement%20materials,favour%20of%20asbestos%2Dfree%20products.">materials like asbestos cement and lead-based paint</a>.&nbsp;Exposure to these hazardous materials can cause adverse health conditions. Plus, removing them could cost thousands of dollars.&nbsp;Building inspectors will check for visible signs of asbestos. However, the building inspection report will not confirm the presence of loose-fill asbestos. It’s vital to confirm whether the property contains loose-fill asbestos insulation. So, get&nbsp;<a href="https://www.fairtrading.nsw.gov.au/housing-and-property/buying-and-selling-property/buying-a-property/property-inspections" data-mce-href="https://www.fairtrading.nsw.gov.au/housing-and-property/buying-and-selling-property/buying-a-property/property-inspections">a licensed asbestos assessor to test it</a>.&nbsp;<p><br></p></div></div></div></div><div class="et_pb_row et_pb_row_7"><div class="et_pb_column et_pb_column_1_2 et_pb_column_8  et_pb_css_mix_blend_mode_passthrough et_pb_column_empty"><br></div><div class="et_pb_column et_pb_column_1_2 et_pb_column_9  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_5  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="termite-damage"><strong>TERMITE DAMAGE</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_8"><div class="et_pb_column et_pb_column_4_4 et_pb_column_10  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_6  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Over&nbsp;<a href="https://www.yourhome.gov.au/buy-build-renovate/buying-existing-home" data-mce-href="https://www.yourhome.gov.au/buy-build-renovate/buying-existing-home">100,000 Australian homes suffer from termite attacks</a>&nbsp;each year. In some areas, termites are a known issue. Get a pest inspection done before purchasing a property. Building inspection reports should identify any visual damage caused by termites. It is recommended you get a pest inspection along with the building inspection.&nbsp;“Buyers who do not invest in a pre-purchase inspection are making a big mistake. You could be buying a hell of a lot of problems that you just aren’t aware of.” -Simon Lean, Manager, RentokilRectifying termite damage can end up costing you thousands of dollars. A 2012 study revealed that termites cost Australians a whopping&nbsp;<a href="https://www.rapidsolutions.com.au/2021/08/28/australian-native-pests-causing-property-damage/" data-mce-href="https://www.rapidsolutions.com.au/2021/08/28/australian-native-pests-causing-property-damage/">$1.5 billion each year in property damage and treatment</a>.&nbsp;Beware of sellers who try to cover up termite damage. In some cases, they’ll place a large wall unit or a lounge suite in front of the affected area. This obstructs the inspector’s access when performing the inspection. A good inspector will bring this to your attention.&nbsp;You can only assess termite damage through an invasive inspection. It tends to go undetected because the destruction happens within the timber. The&nbsp;<a href="https://www.vba.vic.gov.au/consumers/guides/termites" data-mce-href="https://www.vba.vic.gov.au/consumers/guides/termites">pest inspector’s report&nbsp;</a>includes details of any installed termite management system. It will also reveal the materials used for critical structural elements.<br></div></div></div></div></div><div class="et_pb_section et_pb_section_3 et_section_regular"><div class="et_pb_row et_pb_row_9"><div class="et_pb_column et_pb_column_1_2 et_pb_column_11  et_pb_css_mix_blend_mode_passthrough et_pb_column_empty"><br></div><div class="et_pb_column et_pb_column_1_2 et_pb_column_12  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_7  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="renovations-and-extensions"><strong>RENOVATIONS AND EXTENSIONS</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_10"><div class="et_pb_column et_pb_column_4_4 et_pb_column_13  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_8  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><ul><li aria-level="1"><a href="https://www.consumer.vic.gov.au/housing/buying-and-selling-property/buying-property/inspect-properties-before-you-buy" data-mce-href="https://www.consumer.vic.gov.au/housing/buying-and-selling-property/buying-property/inspect-properties-before-you-buy">﻿Any illegal alterations become your responsibility</a>&nbsp;once you sign the contract of sale. Your&nbsp;<a href="https://www.fairtrading.nsw.gov.au/housing-and-property/buying-and-selling-property/buying-a-property/property-inspections" data-mce-href="https://www.fairtrading.nsw.gov.au/housing-and-property/buying-and-selling-property/buying-a-property/property-inspections">pre-purchase building inspection report</a>&nbsp;may state the building work got approval. Check with your local council to ensure required approvals are in place. Sellers aren’t obligated to disclose unapproved building work to a buyer.“The old adage of ‘Buyer Beware’ still very much applies with illegal building works. Once the contract is signed the buyer inherits these problems.” -Richie Muir, Legal Director of lawlab.Buildings like granny flats or studio flats need council approval. The 1993 Building Act, and Building Regulations 2018 state,&nbsp;<a href="https://www.vba.vic.gov.au/consumers/home-renovation-essentials/permits" data-mce-href="https://www.vba.vic.gov.au/consumers/home-renovation-essentials/permits">all building work requires a building permit unless an exemption exists under the regulations.</a>Building permits protect by ensuring that construction complies with building code. They also help to ensure that the building is safe for occupation. Extensions done without permits usually include the use of cheap materials. Plus, there is the question of unlicensed labour. This may even be the reason for skipping the approval process.&nbsp;You could end up with costly rectification work. The council may issue a demolition order for the unapproved structure. Plus, there’s the issue of trying to resell the property. You could lose out on potential buyers when the time comes. Plus, in the face of survey reports, you might have to drop your price.&nbsp;</li><li aria-level="1"><br></li></ul><p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_4 et_section_regular"><div class="et_pb_row et_pb_row_11"><div class="et_pb_column et_pb_column_4_4 et_pb_column_14  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_9  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h2 id="cooling-off-periods"><strong>COOLING-OFF PERIODS</strong></h2></div></div></div></div><div class="et_pb_row et_pb_row_12"><div class="et_pb_column et_pb_column_4_4 et_pb_column_15  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_10  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><ul><li aria-level="1">Even if you already made your deposit and exchanged contracts, you can still walk away. A&nbsp;<a href="https://www.commbank.com.au/articles/property/understanding-the-cooling-off-period.html" data-mce-href="https://www.commbank.com.au/articles/property/understanding-the-cooling-off-period.html">cooling-off period</a>&nbsp;gives you the freedom to withdraw from the sale contract. The standard contract for buying a home comes with a cooling-off period of 5 business days. There might be a fee for the withdrawal, but that’s usually the only penalty. Cooling-off periods are only applicable for properties sold by&nbsp;<a href="https://www.canstar.com.au/home-loans/cooling-off-period-property/" data-mce-href="https://www.canstar.com.au/home-loans/cooling-off-period-property/">private treaty</a>.&nbsp;The upfront costs associated with property inspections can be high. However, purchasing a problem-riddled property can be even more costly in the future.&nbsp;Sellers will share the good points of their property while neglecting crucial points. So due diligence is up to the buyer.&nbsp;You can’t see the future, but it sure helps to prepare for it. MLS have developed strong relationships with various trades required when purchasing a property and are happy to connect you with property inspectors and pest control. We encourage you to make the necessary checks before signing any contracts. An inspection could be the difference between buying your dream home and ending up with a money pit.</li><li aria-level="1"><br></li></ul><p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_5 et_section_regular"><div class="et_pb_row et_pb_row_13"><div class="et_pb_column et_pb_column_4_4 et_pb_column_16  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_11  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h4 id="-2"></h4><h4 id="-3"></h4>🌐&nbsp;<strong>Website:</strong>&nbsp;<a href="https://www.mlsfinance.com.au/reach-out-to-us/" target="_blank" rel="noopener" data-mce-href="https://www.mlsfinance.com.au/reach-out-to-us/">Get in touch</a>📞&nbsp;<strong>Call:</strong>&nbsp;02 9635 1888📩&nbsp;<strong>Email:</strong>&nbsp;enquiries@mlsfinance.com.au🏠&nbsp;<strong>Ready to invest now?</strong>&nbsp;Fill out&nbsp;<a href="https://heyflow.id/mls-investing" target="_blank" rel="noopener" data-mce-href="https://heyflow.id/mls-investing">this questionnaire</a>&nbsp;and we’ll get back to YOU!</div></div></div></div></div>

What to Inspect Before You Invest in a Property

<div class="et_pb_section et_pb_section_0 et_section_regular"><div class="et_pb_row et_pb_row_0"><div class="et_pb_column et_pb_column_4_4 et_pb_column_0  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_post_title et_pb_post_title_0 et_pb_bg_layout_light  et_pb_text_align_left"><div class="et_pb_title_container"><h1 id="5-tools-everyone-in-the-real-estate-investing-industry-should-be-using" class="entry-title"><br></h1></div></div></div></div></div><div class="et_pb_section et_pb_section_1 et_section_regular"><div class="et_pb_row et_pb_row_1"><div class="et_pb_column et_pb_column_4_4 et_pb_column_1  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_blurb et_pb_blurb_0  et_pb_text_align_left  et_pb_blurb_position_left et_pb_bg_layout_light"><div class="et_pb_blurb_content"><div class="et_pb_main_blurb_image"><span class="et_pb_image_wrap et_pb_only_image_mode_wrap"><img class="et_pb_animation_top et_pb_animation_top_tablet et_pb_animation_top_phone wp-image-12550 lazyloaded et-animated et_had_animation" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" sizes="(max-width: 343px) 100vw, 343px" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" alt="" width="343" height="252" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png 343w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-300x220.png 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background-150x110.png 150w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png" data-sizes="(max-width: 343px) 100vw, 343px" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/06/No-background.png"></span></div><div class="et_pb_blurb_container"><h4 id="mls-finance" class="et_pb_module_header">MLS Finance</h4><div class="et_pb_blurb_description"><a href="https://www.mlsfinance.com.au/category/commercial-investment/" data-mce-href="https://www.mlsfinance.com.au/category/commercial-investment/">Commercial Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/general/" data-mce-href="https://www.mlsfinance.com.au/category/general/">General</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-investment/" data-mce-href="https://www.mlsfinance.com.au/category/property-investment/">Property Investment</a>&nbsp;|&nbsp;<a href="https://www.mlsfinance.com.au/category/property-purchase/" data-mce-href="https://www.mlsfinance.com.au/category/property-purchase/">Property Purchase</a></div></div></div></div></div></div><div class="et_pb_row et_pb_row_2"><div class="et_pb_column et_pb_column_4_4 et_pb_column_2  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light"><p><strong><a href="https://www.mlsfinance.com.au/5-tools-everyone-in-the-real-estate-investing-industry-should-be-using/#" data-mce-href="https://www.mlsfinance.com.au/5-tools-everyone-in-the-real-estate-investing-industry-should-be-using/">Read time:&nbsp;4 minutes, 25 seconds.</a></strong></p><p><br></p>“90% of all millionaires become so through owning real estate.”&nbsp; – Russel Sage, FinancierProperty investing is not something that you should jump into blindly. Before the down payment, do thorough research. Take a deeper look into the property and how you’re financing it.Get an expert to critically analyse the property title with you before making your final decision. It is no fun being house-poor. Or even worse, it is a nightmare to take on a piece of property that becomes a money pit instead of making money for you.The great thing is that there are tons of tools out there that can help you to avoid the pitfalls of property investing. Wherever you are in your property investment journey, you can find material to guide you. It just takes a little bit of research. The fact that you’re here means you want to make informed decisions going forward.So let’s look at 5 tools that everyone in the real estate investing industry should be using.<p><br></p></div><div class="et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light"><br></div></div></div></div><div class="et_pb_section et_pb_section_2 et_section_regular"><div class="et_pb_row et_pb_row_3"><div class="et_pb_column et_pb_column_4_4 et_pb_column_3  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_1  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="aussie-property"><strong>AUSSIE PROPERTY</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_4"><div class="et_pb_column et_pb_column_1_2 et_pb_column_4  et_pb_css_mix_blend_mode_passthrough"><div class="et_pb_module et_pb_text et_pb_text_2  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">This is an industry-specific search engine. You can go to&nbsp;<a href="https://www.aussieproperty.com/" data-mce-href="https://www.aussieproperty.com/">aussieproperty.com</a>&nbsp;to search for different property listings across the country.Even if you’re a newbie to property investing, there’s a lot to learn from Aussie Property. They have an entire section dedicated to educating property investors on what they need to know to make ethical and lucrative use of the industry. You’ll get tips on investment techniques and strategies to get you both the best property and to keep you safe from a legal standpoint. So you will have access to things like advice on property tax situations you might encounter as an investor.&nbsp;The Aussie Property helps with renting, property management, investments and syndication, exclusive buying opportunities, and property financing.</div><div class="et_pb_text_inner"><a href="https://www.aussieproperty.com/" target="_blank" rel="noopener" data-mce-href="https://www.aussieproperty.com/"><span class="et_pb_image_wrap ">﻿<img class="wp-image-13465 lazyloaded" title="BYF95dbk_400x400" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400.jpg" sizes="(max-width: 400px) 100vw, 400px" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400.jpg 400w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400-300x300.jpg 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400-150x150.jpg 150w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400-80x80.jpg 80w" alt="" width="400" height="400" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400.jpg 400w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400-300x300.jpg 300w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400-150x150.jpg 150w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400-80x80.jpg 80w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400.jpg" data-sizes="(max-width: 400px) 100vw, 400px" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/BYF95dbk_400x400.jpg"></span></a></div></div></div></div></div><div class="et_pb_section et_pb_section_3 et_section_regular"><div class="et_pb_row et_pb_row_5"><div class="et_pb_column et_pb_column_4_4 et_pb_column_6  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_3  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h2><br></h2><h3 id="dsrdata-com-au"><strong>DSRDATA.COM.AU</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_6"><div class="et_pb_column et_pb_column_4_4 et_pb_column_7  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_4  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Here you’ll find the demand and supply ratio of different areas. So if you are searching for property in a particular suburb, you can use&nbsp;<a href="https://dsrdata.com.au/" data-mce-href="https://dsrdata.com.au/">DSRdata.com.au</a>&nbsp;to find out how lucrative buying property there could be for you.&nbsp;DSRdata.com.au uses a scoring system out of 100 to show you the demand versus the supply for an area. 50/50 means that the demand versus the supply for the suburb that you are looking at is balanced. Any score above 50 indicates that demand is higher than supply and vice versa. With this information, you can get an idea of the possibility of growth in that area.&nbsp;DSRdata.com.au also tells you the typical house price for a particular area and the reliability. So this is a useful tool to use if you are looking to buy or sell a piece of real estate.</div></div></div></div></div><div class="et_pb_section et_pb_section_4 et_section_regular"><h3 class="et_pb_row et_pb_row_7"><div class="et_pb_column et_pb_column_1_3 et_pb_column_8  et_pb_css_mix_blend_mode_passthrough"><div class="et_pb_module et_pb_image et_pb_image_1"><a href="https://www.propertyvalue.com.au/" target="_blank" rel="noopener" data-mce-href="https://www.propertyvalue.com.au/"><span class="et_pb_image_wrap "><img class="wp-image-13466 ls-is-cached lazyloaded" title="propertyvalue-logo-circle-1024x585" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1.png" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1.png 1024w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1-980x560.png 980w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1-480x274.png 480w" alt="" width="1024" height="585" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1.png 1024w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1-980x560.png 980w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1-480x274.png 480w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1.png" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/propertyvalue-logo-circle-1024x585-1.png"></span></a></div></div><br><strong>PROPERTYVALUE.COM.AU</strong></h3><div class="et_pb_row et_pb_row_7"><strong><br data-mce-bogus="1"></strong></div><div class="et_pb_row et_pb_row_7"><div class="et_pb_module et_pb_text et_pb_text_6  et_pb_text_align_left et_pb_bg_layout_light"><a href="https://www.propertyvalue.com.au/" data-mce-href="https://www.propertyvalue.com.au/">Propertyvalue.com.au</a>&nbsp;is a product of CoreLogic. A lot of people might be more familiar with CoreLogic under its former name RP Data.&nbsp;<a href="https://www.corelogic.com/" data-mce-href="https://www.corelogic.com/">CoreLogic</a>&nbsp;is already well-known within the property market to provide high-quality property data and analytics.&nbsp;The truth is that when you are looking for a piece of property to buy or even if you are seeking buyers, you don’t always have the time to do this in person. While it is comforting to visit an agency and have someone else take care of it, a tool like Propertyvalue.com.au can help you to get through the research stage. It will also continue to provide you with data-driven insights to help you make the best decisions for your portfolio.<p><br></p><p><br data-mce-bogus="1"></p></div></div></div><div class="et_pb_section et_pb_section_5 et_section_regular"><div class="et_pb_row et_pb_row_8"><div class="et_pb_column et_pb_column_4_4 et_pb_column_10  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_7  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h3 id="estatemaster"><strong>ESTATEMASTER</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_9"><div class="et_pb_column et_pb_column_4_4 et_pb_column_11  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_8  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">The main purpose of&nbsp;<a href="https://www.altusgroup.com/argus/products/argus-estatemaster/development-feasibility" data-mce-href="https://www.altusgroup.com/argus/products/argus-estatemaster/development-feasibility">EstateMaster</a>&nbsp;is to provide support when it comes to development feasibility and appraisal. So will have access to support for things like risk management, professional reporting, KPI forecasting, and residual land values, etc.So before you even start development, you can test the feasibility of the project with EstateMaster first. Your final report would include data about your cash flow analysis and any projected returns that stakeholders would be interested in.<p><br></p></div></div></div></div></div><div class="et_pb_section et_pb_section_6 et_section_regular"><div class="et_pb_row et_pb_row_10"><div class="et_pb_column et_pb_column_4_4 et_pb_column_12  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_9  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><h2><strong><br data-mce-bogus="1"></strong></h2><h3 id="nab-budget-calculator"><strong>NAB BUDGET CALCULATOR</strong></h3></div></div></div></div><div class="et_pb_row et_pb_row_11"><div class="et_pb_column et_pb_column_1_2 et_pb_column_13  et_pb_css_mix_blend_mode_passthrough"><div class="et_pb_module et_pb_text et_pb_text_10  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner"><a href="https://www.nab.com.au/personal/personal-loans/personal-loan-calculators/budget-planner" data-mce-href="https://www.nab.com.au/personal/personal-loans/personal-loan-calculators/budget-planner">National Australia Bank</a>&nbsp;(NAB) has a budget planner calculator that you can use to keep track of your expenses. All you have to do is to enter your monthly spending and your earnings and it will help you to create a realistic budget. This is a tailored tool to help investors manage their investments and investment earnings.“Regional housing markets remain well-placed to record higher than average levels of demand, especially those markets located close enough to capital cities to provide a commuting option&nbsp; and lifestyle markets…”&nbsp; -Tim Lawless, Research Director, CoreLogicThe Australian property market continues to thrive. Property investment can be tricky but it can also be very lucrative if you have the right tools to support you. So take the time and find the tools that work for you.<br></div><div class="et_pb_text_inner"><br data-mce-bogus="1"></div><div class="et_pb_text_inner"><br data-mce-bogus="1"></div></div></div><div class="et_pb_column et_pb_column_1_2 et_pb_column_14  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_image et_pb_image_2"><a href="https://www.aussieproperty.com/" target="_blank" rel="noopener" data-mce-href="https://www.aussieproperty.com/"><span class="et_pb_image_wrap "><img class="wp-image-13467 ls-is-cached lazyloaded" title="nab" src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/nab.jpg" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 741px, 100vw" srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/nab.jpg 741w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/nab-480x474.jpg 480w" alt="" width="741" height="731" data-srcset="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/nab.jpg 741w, https://www.mlsfinance.com.au/wp-content/uploads/2021/09/nab-480x474.jpg 480w" data-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/nab.jpg" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 741px, 100vw" data-mce-src="https://www.mlsfinance.com.au/wp-content/uploads/2021/09/nab.jpg"></span></a></div></div></div></div><div class="et_pb_section et_pb_section_7 et_section_regular"><div class="et_pb_row et_pb_row_12"><div class="et_pb_column et_pb_column_4_4 et_pb_column_15  et_pb_css_mix_blend_mode_passthrough et-last-child"><div class="et_pb_module et_pb_text et_pb_text_11  et_pb_text_align_left et_pb_bg_layout_light"><div class="et_pb_text_inner">Lastly, an extra tool if you will,&nbsp;<strong>us!</strong>&nbsp; MLS Finance provides a holistic approach to lending and has partners in various industries to assist you on your investing journey.&nbsp; Don’t be shy to reach out to our team at MLS Finance to find out how we can best assist.</div><div class="et_pb_text_inner"><br><br>🌐&nbsp;<strong>Website:</strong>&nbsp;<a href="https://www.mlsfinance.com.au/reach-out-to-us/" target="_blank" rel="noopener" data-mce-href="https://www.mlsfinance.com.au/reach-out-to-us/">Get in touch</a>📞&nbsp;<strong>Call:</strong>&nbsp;02 9635 1888📩&nbsp;<strong>Email:</strong>&nbsp;enquiries@mlsfinance.com.au🏠&nbsp;<strong>Ready to invest now?</strong>&nbsp;Fill out&nbsp;<a href="https://heyflow.id/mls-investing" target="_blank" rel="noopener" data-mce-href="https://heyflow.id/mls-investing">this questionnaire</a>&nbsp;and we’ll get back to YOU!</div></div></div></div></div>

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