Mirren Blog

Renovating properties may seem like an easy way to earn real estate money and increase the value of your home. All you need to do is buy cheap property, add improvements, then increase the price. Sounds simple, right? Not quite.  While renovating can indeed help you maximize profits, it’s not as easy as it may …

Continue reading “Home Renovation Tips to Maximize the Valuation of Your Property”

Financial plans and goals are crucial to make sure you’re on track with your investments. In real estate investing, it’s not enough to just purchase a property, you have to be clear on what path you want to take in terms of financial strategy, you also have to monitor your progress, and learn to prepare …

Continue reading “Tax and Bookkeeping Tips For Your Investment Property”

Buying investments during a global crisis can be stressful. Big changes are happening in all industries and it’s normal for investors to experience fear. However, there may be real advantages to them, especially now when prices are falling. How would you like to own a property that generates income every week and finances you with …

Continue reading “The Significance of Cash Flow Positive Properties in a Changing Real Estate Market”

The bushfires in December 2019 and the coronavirus pandemic are two of the most recent events that have brought significant changes in the Australian real estate market. Catastrophic events like these are out of everyone’s control and it is natural to feel confused and helpless as a property investor. Despite all this, one should always …

Continue reading “Protecting Your Investment Property During Tough Times”

Real estate investing can be challenging, especially for first-time property investors. There are many things to consider before you choose and pick a property to put your money in. One thing most investors often underestimate is their financial capability. Do they have enough funds to pay the lender if their tenant leaves? What will happen …

Continue reading “Rental Guarantees: A Safety Net For Nervous Investors?”

What should be your next step as an investor? As of April 15, 2020, the coronavirus outbreak, has already infected 1,970,879 people in the world. The pandemic is becoming one of the world’s most significant threats to the global economy. From the surging decline in stock prices, bond yields, and cash rates to disruptions in …

Continue reading “Effects of coronavirus pandemic on our property market. What should be your next step as an investor?”

Some may have recently lost their job because of the coronavirus pandemic and are currently scrambling to pay the rent. What should they do? Rent breaks and price freeze are some of the common discussions among tenants, real estate investors and property owners during the COVID-19 crisis. In this time of suffering and great uncertainty, …

Continue reading “Myths and Facts regarding Residential Tenancy Agreements during COVID-19 – for landlords and tenants.”

Marsden Park is a suburb in New South Wales, Australia. It is located northwest of Sydney in the Blacktown local government area. The suburb is 49 kilometres from the central business district. Once a large agricultural area, Marsden Park is now a bustling neighbourhood with a growing population. Residents in the area often describe Marsden …

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On March 3, 2020, Reserve Bank of Australia (RBA) cut the cash rate to a new record low of 0.50%, for the first time since October. The statement from RBA says, “The Board took this decision to support the economy as it responds to the global coronavirus outbreak.” Last year, the rates were slashed down …

Continue reading “RBA cuts interest rate to a record low – what does it mean for smart investors?”

The Australian economy is experiencing some lows but one sector is thriving: the housing market. The first month of the year has proved strong for investors as banks report survey of home-buying intention at a consistent rise. The property market in Australia is looking well and good at the start of 2020, but will it …

Continue reading “Diving Deeper Into Property Market for 2020”