Leveraging the Rule of 72: A Powerful Tool for Property Investors
At Mirren Investment Properties, we are committed to equipping our clients with insightful tools and strategies to optimise their investments. One such tool is the Rule of 72, a straightforward formula that estimates how long it will take for your investment to double in value, given a fixed annual rate of return. Understanding the Rule […]
Diversification in Property Investment: Why It’s So Important?
Diversification is a cornerstone principle in investment strategy, mitigating risk and enhancing resilience. At Mirren Investment Properties, we advocate for a diversified approach to property investment, empowering investors to optimise their portfolios and confidently navigate market fluctuations. In this article, we explore the significance of diversification and strategies to implement it effectively. The Significance of […]
Tips for Extending Your Investment Property Portfolio
An investment property portfolio is a collection of different investment assets that one holds and manages to achieve a financial goal. It is considered a compilation of assets and property investments that include rental properties, rehabs, and Real Estate Investment Trusts. The timeline and earnings of an investment property portfolio depend on the holder’s objectives, […]
Tips to build an investment property portfolio
Buying several investment properties is one of the best ways to increase your wealth. However, this is something easier said than done. What’s challenging is choosing what strategy to use and what properties to invest in. Below are some tips to help you get a good start and a good chance of making money from […]
The Significance of Cash Flow Positive Properties in a Changing Real Estate Market
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 […]
Benefits of dual occupancy homes for investors in Australia
Investors in Australia have embraced the concept of dual occupancy properties. Dual occupancy homes are cleverly designed, efficient homes which are great for a modern multi-generational family as well as separate tenancies. Dual occupancy properties have a unique design where two dwellings – detached or attached – are constructed on the same block of land. […]
How do you increase wealth or equity … without relying on capital growth?
People buy investment properties to increase their wealth, and the best way to increase your wealth is by increasing the amount of equity in your property. Equity is the value of your property minus the debt. So there are two ways to increase the equity: 1. Capital growth The market pushes the value up, and […]
Why is it important to have an exit strategy for your investment property?
An exit strategy is a plan to help you determine the optimal time to sell the property so that you sell at a profit and minimise any losses.
Why is it important to have a diverse property portfolio?
Diversity is one of the most important words in property investment. And there are a number of ways you can be diverse with your investment; geographically and also economically.