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Some vitamins for your mind – quotes from Jim Rohn
To start your week off on a good note, here is a bunch of great inspirational quotes from the great Jim Rohn. Have a great week…make it a great week:
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Are auction clearance rates important? | Dr. Andrew Wilson
With the strong property markets around Australia seeing more and more properties being sold at auction not only real estate agents, but also commentators measure auction success rates around Australia. Just how accurate a measure is it and should it be a measure? Dr. Andrew Wilson, a senior economist with the Domain Group joined me…
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Is selling to tenants a good idea?
I have had some landlords approach me and ask: “Should I sell to my current tenants? They love the property and have taken good care of it”. This seems logical but the big question is: will the tenants pay a premium price for your property? Let’s go into some of the pros, cons and potential costs involved…
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What’s stopping new investors getting into the property market?
According to Mortgage Choice’s 2014 First Time Investor Survey saving for a deposit is not the biggest challenge for people purchasing their first investment property. Instead, finding a suitable property is the hardest trial facing property investors today. According to Mortgage Choice’s 2014 First Time Investor Survey, 50.6% of investors who purchased their first investment…
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Tying the financial knot – 4 do’s and don’ts of borrowing as a couple
Many homebuyers are, not surprisingly, happy couples looking to fly the old family nest and establish their own, new residence. Without second thought, they go through the motions of acquiring said house in their blissful state of togetherness; often putting both names to the mortgage contract. But there are some important considerations when it comes…
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Why you should ask a lawyer to look over a contract of sale before you sign
It is always preferable to prevent problems, rather than try to fix them after the event. Here are some examples of some problems I’ve come across that could have been avoided by a thorough review of the contract and discussion with a solicitor prior to buyers signing the contract to purchase a property:
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Melbourne’s population to grow to 8 million
Melbourne’s population is likely to almost double to 8 million people by the middle of the century, with Victoria’s population swelling to around 10 million, according to a government report Victoria in Future. Victorian Planning Minister Matthew Guy, suggested that 720,000 extra people will live within Melbourne’s suburban boundaries by 2031.
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Saturday Summary – the most interesting articles I’ve read this week
There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the ones I’ve read during the week. Enjoy your weekend…and please forward to your friends by clicking a social link buttons on the left.
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Is it possible to live a life without regrets? [infographic]
We all have regrets ranging from the dud property investment we chose, to the romantic partner we didn’t or the selfie we shared. According to Happify 90% of us regret something major and while it may not feel good, regret can be a positive force in our lives if we use it right. It can help us…
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Perth property market update
The Perth median price has continued to edge upwards, with REIWA reporting a slight increase to $553,000 in the March quarter (from $545,000). The price range of property sales was significantly compressed this quarter, with a 66% increase in the percentage of sales occurring between $400,000 – $800,000 and cooling sales activity in the premium…
