Search:

Female Real Estate Investors

Despite rising mortgage rates, women remain enthusiastic property investors. In fact when it comes to happiness with their choice of investment, women with property out-rate their male counterparts.

In a recent survey of property owners by a large bank, women were more upbeat about their choice of bricks and mortar than men, with one in six aiming to build their portfolio with as many properties as possible.

The majority (55%) of women interviewed own one investment property, while 41% own between two and five properties. The remainder own six-plus properties with a small, but noteworthy, proportion of 1% owning a staggering 11 or more investment properties.

According to Mortgage Watch national manager corporate affairs, Luke O'Rourke, women are increasingly making a huge impact on the investment property market. He says: "You only have to visit a handful of sales at auction to work out how many women are confidently investing in real estate, often on their own."

Property has long been a favourite among Australian investors though the survey identified different points of appeal between the genders. Apparently, women are more likely to opt for bricks and mortar in a bid to set themselves up for retirement.

Men, on the other hand, are more likely to buy property for the tax minimisation, provided by negative gearing. This could be a possible reflection of wage differences between men and women.

Julianne Smith, author of a recently published book about property investment says: "Women have always been comfortable with the touch and feel' aspects of property investing."

She adds: "With the increasing number of divorcees and single women, women are often conscious of the need for financial security, and real estate plays to that need on a psychological level."

A spate of rate hikes may have left home owners nervous, but it doesn't seem to be fazing female property investors who are adopting a range of measures to cope with higher interest charges.

According to Mortgage Choice, 37% of female investors manage their own rental properties versus 33% of men, saving on professional property management fees which can be around 7% of gross rent.

And despite a well publicised rental squeeze, female landlords are likely to be more sympathetic with their tenants. Only 24% of women have raised the rent on their investment property, compared to 39% of men.

Gender shouldn't be a factor when it comes to finance. Paul MacMahon, a Mortgage Specialist with St George, says: `Mortgage service companies don't discriminate between male and female. It comes down to security, your ability to pay and your track record."

He said that men appear to have a clearer idea of the sort of loan they want. He advises: "Do plenty of research, be prepared to take advice, and if you are still unsure, speak to someone you know and trust."

Article Source: http://www.bizhelp.info

Information about the Author:

The article is brought to you by Kevin Young, CEO of the Investors Club. The Investor's Club help people build wealth through sound property investment with a long-term outlook.

Please Rate this Article

Not yet Rated

Click the XML Icon Above to Receive Home Business Articles Via RSS!

Additional Articles From - Home | Home Business

	Print This Article
	Post Comment
	Add To Favorites
	Email to Friends
	Ezine Ready

Submit Articles
Member Login
Top Authors
Most Popular Articles
Submission Guidelines
Ezine Notifications
Article RSS Feeds

New Stuff
About Us
Site Blog
Forum
Link to Us
Contact Us
Privacy Policy
Terms of Service

Partner Sites
Wooden Sheds
Baby Names
Free Wallpapers
Income Protection
Critical Illness Cover
Philippine Travel Guide
Panama Real Estate
SEO Consultant
Make Money Online