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The Blog

Investing in the Right Rental

June 21, 2021

Buying Investing

There’s no doubt that the Bundaberg region has been experiencing a real estate boom, and all market indications point to it continuing into the foreseeable future.  Rentals properties are mirroring the surge in owner-occupied housing demand, with vacancy rates the tightest in decades. In plain English, there are more tenants for available rentals just like […]

Do You Dread Moving?

June 14, 2021

Buying Selling

We all dread the job of moving house. It’s usually a stressful event which you would rather not deal with, however moving doesn’t have to be so difficult when you have a good plan in place.   Scott Mackey, Principal of RE/MAX Precision, has a few simple tips that will help improve your moving experience and […]

Warm Winter Wonderland

June 8, 2021

Selling

Spring is often touted as the best time of the year to sell a property, but in reality a house can sell in any season because there’s a lot more to the market than just the weather. “South East Queensland, and Bundaberg particularly, has great weather all year round – it’s one of our region’s […]

Dead End To On Trend

June 2, 2021

Renovating Selling

Unless you live it or love it, keeping up with style trends can be challenging. And often, when you find a style you like, it is just as swiftly replaced with the next one. Trying to keep your property up to do date with the latest craze is an almost impossible task, and to be […]

"Boardvesting"

May 24, 2021

Buying Investing

Scott Mackey, Principal of RE/MAX Precision, continues on from his previous article on Rentvesting. There is the similar model to that, which is dubbed as ‘boardvesting’.  This is where people are moving back into their parents’ home or another family member’s home. This group is rather one of ‘first time buyers’ as they purchase a […]

Selling During Winter

May 17, 2021

Selling

Thinking of selling in the cooler months? One of the greatest myths in Real Estate is that when the cooler months arrive buyers suddenly disappear.  RE/MAX Precision Principal, Scott Mackey, said that in the Bundaberg region the opposite happens. “Buying during the winter season can provide some hidden benefits for purchasers” Mr Mackey says. “One […]

Reduce Lingering Pet Odours

May 10, 2021

Selling

On the week we celebrate International Day of Families, we wanted to dedicate an article to a very important part of any family.  ‘Man’s best friend’, ‘fur babies’, whatever you call your hairy companion, our pets are a much loved member of the household and need our utmost consideration. So what about when you move […]

I Wish, or I Want

May 3, 2021

Buying Investing Renovating Selling

Things once considered luxuries are now becoming regarded as necessities as the home has become more the centre of our universe after our experiences through the pandemic. We now are more likely to want features that make living and working from home exciting and comfortable. As homes have expanded to become our office, our gym… […]

Top Tips for Selling Success

April 26, 2021

Renovating Selling

A lot of people thinking about selling are needing to move elsewhere, and will likely end up at Open Homes. Inspecting other properties is a good opportunity to see what you’re in for once your own For Sale sign goes up. Scott Mackey, Principal of RE/MAX Precision, says “there’s a few things to take note […]

Understanding Settlement

April 19, 2021

Buying

After celebrating the success of having your offer accepted as a buyer, you need to begin arranging for the next milestone, settlement.  The team behind RE/MAX Precision is one of Bundaberg’s most experienced and has assisted many home-buyers through the settlement process.  Scott Mackey, Principal of RE/MAX Precision, says “the key to keeping a level […]

Time for your First Home?

April 11, 2021

Buying Investing

Looking to buy your first home in the Bundaberg region? Is now the perfect time to purchase with interest rates at an all-time low and with an increase in rents over the last 12 months? If you have a secure job, then now may be the perfect time to purchase.Scott Mackey, Principal of RE/MAX Precision […]

Investing Takes Time & Planning

April 5, 2021

Buying Investing

When it comes to building an investment portfolio in the Bundaberg region, it pays to listen to expert advice. RE/MAX Precision Principal, Scott Mackey, has plenty of experience building not only his own investment multi-tiered portfolio, but also client’s investment portfolio. Mr Mackey said there were plenty of rules when it comes to making smart […]

REIQ Reports "Buyer's Bonanza"

March 30, 2021

Market Reports

Another epic report from Queensland’s peak property body, The REIQ, has just been released and outlines what we’ve been seeing in the Bundaberg region – an unprecedented real estate boom.Scott Mackey, Principal of RE/MAX Precision, says “it’s great to see the statistics reflect what we’ve been experiencing on the ground for the last three months.”“The report always […]

Capital Growth vs. Rental Income – The Great Debate

March 23, 2021

Buying Investing

Arguments often break out between advocates of these two approaches as to which are the best; to invest for growth or cash flow?While it’s important to remember that the two aren’t mutually exclusive, it is absolutely possible to invest in property that returns both strong positive cash flows and capital gain. You just have to […]

Why Building Inspections are Essential

March 16, 2021

Buying Investing

It may seem one of the more tedious aspects of buying a home, but building inspections can help safeguard purchasers against investing in fault ridden properties.Scott Mackey, Principal of RE/MAX Precision, says “it’s surprising how many people don’t think about getting a building inspection, or even contemplate forgoing one for the sake of saving a […]

Winning the Rental Game

March 9, 2021

Buying Investing

When looking at buying your first investment property, it shouldn’t be a game of chance.You should determine what return the property will give you, not just what it’s costing. This is called working out a property’s ‘yield’.Before starting to look seriously at a property, most investors work out the yield on potential properties to see […]

Location. How Important is it, Really?

March 2, 2021

Buying Investing

Location doesn’t mean the same as it did fifty years ago; a lot has changed even in the past decade.Scott Mackey, Principal of RE/MAX Precision, says “if you are looking at purchasing an investment property or even a new home for yourself, you need to think of what might constitute a desirable property in the […]

Renovating an Investment Property

February 23, 2021

Buying Investing

The decision to renovate an investment property can improve your rental yield and manufacture some equity. It can also help to attract and satisfy tenants – reducing the time the property is vacant and loss of rent.Below is a recommended guide courtesy of Scott Mackey, Principal of RE/MAX Precision, outlining how renovations can be done […]

Saying Hello to Good Debt

February 16, 2021

Buying Investing

Can debt help you build a property portfolio? Yes!If you attempt to save a lump sum for an outright property purchase, you might only buy one, or if you’re lucky, two homes over the course of your entire life. You simply can’t save money fast enough on an average income to keep up with property […]

7 Tips for Better Outdoor Living

February 9, 2021

Selling

We’re pretty lucky to live in the Bundaberg region, and there’s no better way to enjoy our great climate while you’re at home than being outside. Here’s some simple tips from RE/MAX Precision’s Principal, Scott Mackey, on how you can enhance your outdoor living space for maximum entertainment value… while boosting your property value at […]