The one factor, above all others, that will determine your long-term future as a property investor is your ability to successfully invest in areas that are poised for capital growth. It is the real key to creating wealth through property and keeping your banks willing to lend to you. Capital growth helps you build equity […]
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You’ve probably seen this question floating around the property forums if you’ve spent any time online checking out investment strategies. The question of whether to invest in property for rental yield (cashflow) or long-term gains (capital growth) is one of the key strategic discussions you will find amongst property aficionados. Any advisor making sweeping claims […]
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If your are considering buying an investment property in the next 6 to 12 months you should read this information about the correlations between rental yields and property price growth. Demand from investors contributes greatly to the state of any property market; and with their focus largely on returns on investment such as rental yields, […]
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Some significant recent changes in the lending landscape for banks may necessitate some important strategic changes for property investors. Below we look at how the key changes are already impacting borrowing, and consider what they mean for your capacity to invest in property – and how this might affect your strategy going forward. What are […]
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As a property investor now is the time to think about making the ultimate new years resolution, and that is to increase your rental returns. Take the time to review the past rental year. Did you have a vacancy and if so how long was the property vacant and did you get a rent increase […]
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New strata laws will start on 30 November 2016. They have been modernised to fit the reality of living in a strata townhouse or apartment today. The new building defect bond scheme will start on 1 July 2017. Currently more than a quarter of NSW’s population lives in, owns or manages strata. Many new requirements will not impact strata […]
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Overview Property located approximately an 1hr from Sydney CBD The property was located at the front of a large block of land Property purchased for $335,000, renovated & added an extra bathroom New granny flat was built in approx. 10 weeks Total spend was approx. $500,000 and the total rent is now $740 per week […]
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Overview Property located approximately 30 minutes from Brisbane CBD The property was on two titles already so we arranged a boundary realignment Property purchased for $255,000, renovated & converted from two to three bedrooms Renovation and boundary realignment were approximately $70,000, including new driveway to new rear lot Property valued at $270,000 after the renovation. […]
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Properties and the plant and equipment assets contained within them all go through a gradual process of wear and tear. Property investors are permitted by the Australian Tax Office (ATO) to claim tax deductions based on this deterioration. This process is called property depreciation. Depreciation can be claimed for any income producing property and is […]
Read More Whilst maintenance on investment properties centre on immediate matters such as leaking taps and toilets and repairs to the oven and hot water system, we have found that there are many hidden repairs that investors should be aware of and budget for. In homes, villas and townhouses the maintenance of gutters and downpipes are always […]
Read MoreThe team at Pillar Property found the ideal investment property for us. They also coordinated the renovation which provided us with a substantial increase in rent. He now manages all of our properties. Whilst we were both working overseas, it was imperative that we have someone looking after our properties that we could trust. Chris and his team have now sourced 3 properties for us and have co-ordinated renovations on these properties
PANN Pty Ltd
Chris has been providing us with advice and guidance on our property portfolio since 2006. As well as sourcing our properties they also manage all of them for us. The team at Pillar Property do a lot more than manage tenants and collect rent. They have helped us increase the value of our properties through coordination of renovations, maximising the rent and reducing repairs and maintenance costs
Antonis Family Super Fund
Thank you Chris for all your help in the buying process. Your service and thorough process enabled me to find the ideal property. There were boxes which I thought needed to be ticked in choosing the right property for me. You and your team achieved this and I am extremely happy with the outcome.
Your experience in the buying process made a world of difference to the end result. I would be very keen to recommend your services to friends and family.
Your attention to detail in selecting the right property really paid off. I look forward to working with you again in the near future.
Thank you again for a job well done. Excellent outcome.
Daniel Tran
We have used Pillar Property several times to purchase properties. Chris has always been available, obliging and goes above and beyond. He is very attuned to the client and the market.
We would always be happy to recommend Pillar Property to anyone!
DR Paul and Sue Myers
I found Chris and his team to be very responsive to my needs and they delivered options promptly and efficiently. Within no time at all I had purchased a property and I feel confident that Chris has given me the best information and guided me throughout the process. He helped negotiate a great price which would have saved me money as I wouldn’t have had the confidence to go for the offer he made. He engaged the services of relevant providers to ensure the process of purchasing ran smoothly throughout. I feel proud of my new investment and confident that I have made a great decision with the support of Chris and Pillar property.
Shona Tough
Highly Recommended.
My wife and I recently purchased an investment through Chris and his team at Pillar Property, and would like to thank them for their very professional and thorough service. We were very specific what we were looking for as an investment. Not only did he find the ideal property, but also negotiated the best possible price, saving us far more that the cost of his services. Chris and his team looked after us every step of the way explaining step by step what the order of event would be through constant communication.
They were personally involved carrying out a number of inspections on the property to ensure that all renovations that were agreed to on the contract of sale were done to a professional level. Even though we were overseas at the time of settlement, Chris and his team took care of everything seamlessly.
There was nothing that was too difficult and all our many questions were dealt with and answered clearly. Chris and his team offered a full comprehensive service from finding us the right property, through to contract/ settlement and even property management. Highly recommended for anybody who wants to invest in property with confidence.
Well Done
Steve & Barbara Byron
