It can be an exciting time when buying real estate, can’t it? As I’ve said before, though, successful property investment should be less emotional than buying a home to live in. Either way, we’re all human, so sometimes our emotions can get the better of us. The thing is one of the worst times for…
Do you understand the importance of gentrification as a property investor? It’s something that many investors overlook and as a result, they rely on the general market for their property’s capital appreciation. Warren Buffet is quoted as saying “You will never be truly wealthy until you find a way to make money in your sleep”….
You’re never too old for anything in this life. Well at least that’s my motto – but how do banks, lenders, and the property industry at large regard older investors? Many people come to me asking if they’re too old to invest in property, fearing they’ve missed the boat and will no longer have the…
Mistakes can be hard to admit because in doing so we have to acknowledge that we’ve somehow veered off course, and sometimes that’s a daunting prospect. Where does that leave us? How long will it take to recover and get back on track? Although it might be confronting, mistakes associated with a property investment worth…
Have you ever experienced that situation where you want to get into the property market or add to your portfolio, but the planets just are not aligning? You may start to feel a bit stressed because house prices are booming and that first or next rung on the property ladder seems to be getting harder…
Are you eager to create a greater level of wealth? I know a lot of people are reflecting on their personal situations during these times of change and are looking to improve their circumstances. While thoughts are important, the more difficult part becomes how and where to start. I have focussed on 3 key factors…
As I’m sure you’re aware, successful property investment involves holding your properties for as long as possible. But sometimes you will have to sell. Maybe it’s because you’ve outgrown your current home – or the opposite when all the kids have left home. Or perhaps, an investment property is underperforming, so you’ve made the wise…
Every generation seems to think the next generation isn’t doing it right. They offer well-meaning “advice” based on their own experiences, which may no longer have any relevance in our fast-changing world. Over the past three decades, the rate of change has been enormous due to rapid technological advances. Plus, society as a whole is…
What was different about our housing markets in 2023? As we close out 2023, the Australian property market looks significantly different from 2022 – we’ve defied all the naysayers and property pessimists and experienced eleven consecutive months of national price increases. Clearly, this strong price growth is the biggest difference to the markets of 2022…
One of the biggest changes over the time I’ve been investing in property is the abundant availability of property research data. Today there’s a plethora of statistics offered about Australia’s property scene – median house prices by the year, the quarter, the month or day, median advertised rents, rental vacancy rates, auction clearance rates, days…