Property
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of Kim’s calibre join our team’ says Lois Buckett, principal.
Acceptance Finance for your copy of the newsletter
you can go about accessing little more time passes, you your equity. The options that can access more equity from are available to you will depend the first two properties to Saving up the cash for a deposit Also new to Lois Bucket on your personal fi nancial invest in a third property, and on a second property can be Property Management team circumstances and goals, so you so on. While you continue just as diffi cult as saving for is Elysia Piliero. Although should talk with a professional paying the mortgage on your your fi rst home. So how do her parents are locals to the mortgage broker about which property investors manage first property yourself, your area she grew up in Perth and method is right for you. How to get their hands on enough tenants pay the mortgages on moved back to NSW at the can you grow your equity money to build a decent your second property and any age of 12 attending Southern faster? A popular strategy to portfolio? further properties you may Cross High School in East grow equity quickly is to add purchase after that. Both the Ballina. Elise initially worked The answer is equity. It’s a value to your property. This tenant financial contributions in hospitality after school and hidden source of wealth that can be achieved by renovating grows inside your property and home value growth in then travelled to broaden her or expanding your home. horizons. While in the USA she purchases over time. Equity the marketplace continue Improving your property also is one of the biggest financial met and fell in love with her to increase your total equity tends to help it to continue to benefits of home ownership, new husband. Her love of the position. The more properties go up in value more readily a benefit that could allow you outdoors has helped her really you own, the more quickly your over time. What is the equity to turn your first home into embrace this wonderful area total equity grows. Are there investment strategy? When she now calls home. ‘Elysia has a money tree that helps you any risks? There are always risks investing in property, time is finance property investment a wonderful attitude, is highly associated with any kind of your friend. Over time, the competent and has outstanding activities and build wealth for investment strategy. The danger equity grows in your first your future. What is equity customer service skills,’ says is that you will borrow too property, which you can then exactly? Your equity is the Lois. much money, and when interest Kim Luckel (r) and Elysia Piliero (l) join the Lois Buckett team use as a deposit to purchase difference between what your rates go up, your tenant rental a second property. This will Kim Luckel has joined the qualified and experienced home is worth and what you contributions will not cover mean that you now have two Lois Buckett team as senior property manager, Kim has owe on it. For example, if your your mortgage repayments and properties growing in value property manager in both worked on the Northern property is worth $500,000 and you may not be able to cover over time, which has the eff ect Lennox Head and Bangalow Beaches and gained valuable on you owe $400,000 then your the difference from your own of growing your total equity offices. She has more than site experience in all aspects of equity is $100,000. How do pocket. position twice as fast. Aft er a 20 years’ experience in the management. Kim also worked The latest newsletter from you access your equity? Once industry and is committed to in Strata Management for seven Acceptance Finance has a the equity in your home has offering excellent customer years but returned to Property number of interesting articles increased, it may be possible HAVE ANYTHING TO LET US KNOW ABOUT? Management where she enjoys in it, including one on how service. Born in Kyogle she to access it. Accessing your Any new faces? Career milestones? Exceptional results? Market to access your equity. It’s spent many years in Bangalow the daily challenges and equity requires making an observations? Have you had anything quirky or unusual happen before moving with her family interaction with clients. ‘We are summarised here but you arrangement with a lender. to you out in the field? Email propertyinsider@echo.net.au. to the Blue Mountains. A highly very fortunate to have someone can email Russel Shaw at There are several different ways
Lois Buckett Real Estate – Property management team update
How to access your equity
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$115,000 over the guide price
RECORD SALE PRICE FOR NEW CITY ROAD - MULLUMBIMBY CHARMING FAMILY HOME BOASTS CHARACTER AND PERSONALITY. THIS 1930S RETREAT SITUATED IN THE HEART OF MULLUMBIMBY HAS PLENTY OF CHARACTER WITH THE CONTEMPORARY ESSENTIALS INCORPORATED. Great Real Estate is proud to achieve another spectacular result! Approximately 90 people attended the auction which hosted 6 registered bidders and ultimately produced a terrific result, $115,000 over the official guide price, making it a record sale price for New City Road, Mullumbimby. Co-listed by Great Real Estate and First National Byron Bay. Great Real Estate is a division of Unique Estates Australia.
w w w. gre a t re a l e s tate. com. au For more information please contact Gary Brazenor on Ph: 0423 777 237 or E: gary@greatrealestate.com.au
North Coast news daily: www.echonetdaily.net.au
great R E A L
BANGALOW 856 Bangalow Road On the edge of Bangalow, this lifestyle haven comprises six park-like acres. Open plan living areas flow to entertaining decks overlooking postcard pretty Tinderbox Creek. Handy studio, usable level paddocks and swim holes, this property is minutes drive to Byron’s beaches.
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Guide $1,575,000 - $1,725,000 Auction Saturday 3rd September 11.00am View Saturday 11.00 - 11.30 Greg Price 0412 871 500 Call 02 6639 1200
mcgrath.com.au/311073
E S T A T E
The Byron Shire Echo August 24, 2016 17