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UK Property

This is how much money you should have left in the bank after buying a home

Exactly how much should you have left in your savings account after buying? (Picture: Getty Images) After years of scrimping and saving (and maybe a little bit of help from your family), you’ve finally got enough together for a house deposit. But what really happens after you’ve bought? And crucially, how much money should you actually have left in the bank? Taking to the r/HousingUK Subreddit, @FG4u2nv asked this very question. Together with their partner, they’re currently making offers – and while they’re excited at the prospect of getting on...
Upcoming Investments

How to Use a 1031 Exchange to Boost Real-Estate Cash Flow, Portfolio

The first property Jeff White and Suleyka Bolaños bought was a piece of work. It was a fourplex that they planned on house hacking, meaning they'd move into one unit and rent out the other three."It took us three months before we could fully move in," White told Business Insider. The renovation process "was like having two full-time jobs for both of us."Looking back, "we could have done a lot better," said White, who is now a real-estate agent and helps investors in the Denver area find properties. "I've looked...
USA Property

Gov. DeSantis rips House over late-session tax cut effort

'This is a total dog and pony show. This is not anything that’s credible,' DeSantis said.House Speaker Danny Perez delivers a stunning rebuke to DeSantisThe Florida Legislature nixed the governor's special session and created their own, solely focused on immigration.Florida Governor Ron DeSantis criticized the House's late-session push for property tax cuts as ineffective.House Speaker Daniel Perez prefers sales tax cuts and formed a 37-member committee to explore property tax cut options, a move DeSantis called a "dog and pony show."The House’s push for property tax cuts will be ineffective,...
Upcoming Investments

What you need to know about commercial v residential property investment – The Prosperity Project

“I’m of the opinion that the 30, 40 years of growth might not be as good over the next 20 or 30 years.” Data released by the Ministry of Business, Innovation and Employment in November suggests there are 116,719 private residential landlords in New Zealand, with the vast majority – 76.49% – owning one investment property. O’Neill believes that with fewer people owning their own homes, residential property investment is much more susceptible to political intervention. “There’s going to be more negative long-term taxes or rule changes or restrictions placed...
Upcoming Investments

How to Get Into Real Estate Investing With a Low Down Payment

Retiring in your 30s is far from simple, but Jeff White and Suleyka Bolaños did it by simplifying.They had a clear goal — early retirement in 10 years — and a clear plan: add one rental property a year to their portfolio. And they committed to one strategy: house hacking. By renting out parts of the houses they lived in, they could offset their housing costs and free up extra savings."All we wanted was one deal a year — it wasn't like we were looking for 10 — so it...
UK Property

How Rightmove became ‘The Argos catalogue for adults’

People are casually browsing Rightmove with no intention of buying a house (Picture: Metro/ Getty) ‘My husband thinks I’m a tad unhinged,’ says Georgia Lewis, 49. ‘When I should be working, he’s caught me on Rightmove and asks: “What are you looking at now? Oh more property porn.”‘ Although Georgia has no intention of selling her London home anytime soon, she admits to scrolling through property websites at least a few times per week.  ‘I live a very rich fantasy life when it comes to houses I’m never going to...
USA Property

As DeSantis and House spar, Perez plots course for property tax cuts

'The governor has not yet come forward with any specific answers,' House Speaker Perez said. 'If the House wanted to get this done, they would have,' a DeSantis spokesman shot back.House Speaker Danny Perez delivers a stunning rebuke to DeSantisThe Florida Legislature nixed the governor's special session and created their own, solely focused on immigration.Florida House Speaker Daniel Perez announced a select committee to review property tax cut proposals.The move follows disagreements with Governor DeSantis on property tax cuts and other issues.The committee will consider various options, including raising homestead...
Upcoming Investments

Where in Europe will property investment pay off most in 2025?

ADVERTISEMENTThe best European countries for real estate investment in 2025 are in Central and Eastern Europe, with Moldova leading the way.The Balkan country earned the highest score in a new study scanning the best property investments in Europe, according to UK insurance company William Russell. They took a closer look at key elements of property investments, including property tax rates, income tax on rent and gross rental yield.In a previous study by UK relocation company 1st Move International, Lithuania appeared to be the top choice. In the current listing, the Northern...
USA Property

Why local governments might hike incomes taxes after property tax reform

Watch: Indiana public school teachers rally at Indiana StatehouseShaina Terano, a teacher at Belzer Middle School in Lawrence Township, discusses what her students could lose with SB 1, the proposed property tax reform bill.Indiana's SEA 1 will provide property tax relief to homeowners and businesses, with businesses receiving the largest cuts.Local governments can offset property tax revenue by increasing income taxes. That could mean some families pay over $1,000 more per year on income taxes.Cities across Indiana are evaluating the impact of SB 1 and considering measures like hiring freezes...
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