Real Estate Matters
About This Show
Real Estate Matters provides lots of information about ‘the game of real estate’. It is especially for new players.
So if you are a first time renter, first home buyer or first time investor this is podcast series is designed for you.
Toni Planinsek talks with lots of people - both professionals and beginners about all the different aspects of getting
into property. Through hearing the stories from both sides you will learn not only the basic real estate information,
but the tips and tricks of the trade. You will be able to move into property like a pro - independently and with confidence.
Most Recent Episode
3 Revenue Streams from Rentals: Property Insider Secrets Ep. 12
< 1 day ago
Did you Know there are 3 revenue streams from a rental property? Many new investors think only of the rental income when assessing a potential investment property. That’s a big mistake because there are two more income streams they are missing! In this ‘Property Insider Secrets’ episode of ‘Real Estate Matters’, Toni talks about the 3 income streams from a rental property and what you need to know about each before assessing a potential investment. The question of the week is about the ‘Cooling Off Period’ where a purchaser can cancel a contract with minimal consequence. There is a lot of false information about this and the rules vary from state to state. It’s very important that you know the specifics of the cooling off period in your state before signing a contract! Some Topics Covered: The 3 Revenue Streams from Rentals: Rental Return %: The rate of income return over the cost associated with an investment property Sometimes this will not cover the monthly mortgage. Remember that in general, the monthly mortgage will remain the same while the rent you are able to charge will increase with time. Capital Gains: The increase in your property's value. This (roughly) doubles in value every 7-10 years (no guarantees). Government Benefits: The tax incentives you can claim by owning a rental property. Negative Gearing : If the total costs of the property is more than the income it generates you can claim this "loss" for tax purposes Don't count of this. Politicians could easily take this incentive away. As your rental income goes up this will be less of a factor Question of the week: Information and misconceptions regarding the “Cooling off period” Toni welcomes questions and comments! Feel free to email her at firstname.lastname@example.org or check out more free resources at www.planinsek.com