Tuesday, 26 July 2016

Real Estate or Gold: Make a Choice

Save for Rainy Day is a wisely said old story and we can’t deny this fact. Saving money comes with an interesting name called INVESTMENT. But when it comes to investment, is how to decide between gold and real estate, let’s see:

HIGHS AND LOWS IN PRICE- Real Estate has its highs and lows according to the market and time. Price of  land increases or decreases day by day .Gold also has this fact but not at that high level and it retains its price after some time So gold investment will be much secure than the real estate.

MAINTENANCE COST- When we invest our money in real estate, it is not the only one time investment. We have to take care of our property because it needs the proper maintenance after some time. So it will not give us that much profit as we want. Gold has zero maintenance cost. It is only one time investment in bank or any other place and you will get back it without any extra cost or great profit.

CURRENCY DEVALUATIONS -Gold has same price in all countries. It is not depend upon the currency of that country so it will be the best investment of money buyback with profit after a period of time. Land has its price according to city or country so it can be decrease or increase according to the market value.

SAFETY BY YOUR OWN –Gold can save you against the uncontrolled action of GOVERNMENT. You can protect your portfolio in any economic crisis. It is a automatically save investment apart from that in real estate you have to pay a security guard to protect your property. It will be loss of your profit.

Monday, 18 July 2016

Building Home: Why New Melbourne Builders are a good idea?

Melbourne has a new type of builders. These specialize not only in construction but also in designing your home. So, now you have architects as well as construction workers all in one unit. Here are a few advantages of picking them over opting for the two units separately.

1.      The primary disadvantage of hiring two different units for the job is the problem of miscommunication. It is a real pain to make the designers as well as the constructor to understand each other and work in sync. This problem is effectively dealt with in case of the new builders.

2.      Another advantage of giving the job to a single firm is the cohesiveness of the work. Having a similar work structure will make the workers go ahead with a uniform process which will obviously make the job less complicated for them and will reduce the building time.
1.      The next point where the new builders have an upper hand is because sticking to the whole concept right from the beginning. As they’ll directly know your vision and expectations, they are highly likely to give you desired results.
2.      And of course, the ultimate advantage is that of cost. Hiring a single unit for the job will not only save you time but money too. Also, since the builders won’t be working on a design prepared by someone else, the cost will go even lower.
Therefore, this was our advice on hiring builders for your property in Melbourne. For more information about Melbourne Real Estate, keep visiting Steve Macaw’s blog.

Tuesday, 12 July 2016

Should I Buy a Home or Rent One?

The current condition of Australian real estate market is a matter of great pressure throughout the country. The ones that are struck worse by the situation are the first time buyers, especially when now the prices at Sydney and Melbourne practically out of their reach. So, the question comes, is it preferable to buy a home for yourself or rent one? The situation gets even more clearly worse when to try to understand where the most of the first time buyers come from. Most of the first-time buyers are the ones who’ve just entered their earning phase. And as the tradition goes, they want a home of their own. Now, as per the market suggests, buying a property is easy but affording living it is what makes it difficult. A better option seems to be renting home and investing in a property to earn profits.  Another reason that supports renting is the location. If suburbs are considered, renting home comes easier than owning it.  Especially when the location is your priority, it is advisable to rent a home in a locality of your likeness than buying one in a less desirable one. Even from mortgage point of view, renting comes cheaper. On the top of all this, buying a property comes with a lot of risks with it which may escalate for early buyers. Buying the house doesn’t necessarily mean you can afford to live in it. Without proper homework, it may end up in a loss. So that was our take on advantages of Renting over owning the property. For more issues related to Real Estate, keep visiting Steve Macaw’s blog.