Investing In Property In Adelaide SA And The Many Benefits
Several decades ago, investing in property in Adelaide SA was a difficult and costly process. Fortunately, it has become a process that is constantly being simplified in South Australia. Furthermore, it is a feasible investment option for most property owners. If you’re exploring real estate options in South Australia, consider the critical points outlined below.
Potential Capital Gains
Property is classified as an asset that appreciates in value after a period of time. Even though there are lows and highs in the cycle, the Adelaide SA property market is counted among the least volatile options of investment. Based on past performance, you can expect the value of your real estate to grow significantly and provide good ROI.
Unlike numerous other investment avenues such as shares and managed funds where you only see your investment in the form of numbers on paper, property investment means you own something tangible that you can show for funds invested. Moreover, you can decorate, renovate and personalize your property to suit your specific needs. These additional changes increase the value of a property. Consequently, you can potentially get a good return when you sell the property, and you can increase the amount of rent as well.
Another benefit of investing in real estate is the fact that you will receive rent from tenants – an ongoing regular income. This is helpful as it can be used for contributing to or fully recovering maintenance costs and loan repayments on your property. As a result, you can access a good portion of the rental income and spend how you please.
When you choose to invest in real estate, the investment will certainly provide you with numerous benefits when it comes to payment of tax. However, you need to make sure the right structures have been put in place. By applying negative gearing, you can save a considerable amount of money in form of tax particularly on your individual income. If you choose to keep your property in the long term, say for a period exceeding 12 months, you are eligible to benefit from reduced capital gains tax. This applies to any profits acquired from the sale of property.
Prior to investing in property in Adelaide SA, do a bit of research on the existing real estate properties. By assessing similar properties currently being advertised, you can easily understand what to expect as well as the amount of rental income you will get for your rental property.
The Best BNI Group – Adelaide Advantage
As a keen entrepreneurial service we like to talk about local and international services that we think will assist you in your metro life.
And this week i was invited to a BNI group. What is this you may ask…? I did, and with a world filled with acronyms i drew a blank when first invited. As it turned out it was an organized networking event where 30 + business owners get together and share contacts and give referrals to you.
And i was pleasantly surprised. It was a structured and organized event where over $20,000 in referrals were given. So the take away is that if you want to grow your business in a structured manner this is worth giving a try. And the chapter that i attended I believe is the best BNI group named Adelaide Advantage
Was it confronting being in such an environment? No everyone was friendly and very welcoming. In fact i couldn’t keep up with meeting all the people and even received a referral – and i’m not even a member!
To find out more information please follow this link.