People often ask me what makes a better investment, a house or an apartment. I believe there is an even better question you should be asking to ensure you make the best decision. The question is… “Which has the better land value?” Here are my thoughts… Understand the Basics Ask yourself, which part of the…
How are you feeling about our Property heading into 2020? I bet it will be considerably different than how you viewed things 12 months ago. Take your mind back to January 2019, as you were setting your goals and casting an eye on the year ahead. You may remember, there were some dark and stormy…
Whether it’s the home you live in or an investment property; selling a house is a substantial transaction that is worth hundreds of thousands of dollars. Mistakes and oversights can cost you a lot of time and money, so you might be surprised to know that there are some all-too-common – and disastrously costly –…
Who gets the final say in how much your property is worth? It’s not your property manager. It’s not your real estate agent. And it’s definitely not your mortgage broker! So who does get the final say as to how much your property is actually worth? As a property owner, even if you aren’t looking…
Property investment can sometimes have a mythical quality, but not in a good way! There are a plethora of myths out there that prevent us from starting, or growing, an investment portfolio to our financial detriment. Let’s look at five of the myths I’ve heard about borrowing money to invest: 1. Leverage is too risky …
Scams, get rich quick schemes and self-styled gurus abound in the property industry, and many a hopeful investor has seen their financial security go up in smoke when they’ve fallen victim to the latest real estate fad. So how can you tell if you’ve stumbled upon a genuinely fantastic opportunity… or you’ve simply crossed paths…
We all want to buy our house or our next investment property at the lowest price possible, or at least get good value for our money. You now know that the asking price quoted by the selling agent will usually be more than the owner is willing to take for their home. It’s just part…
You’re reading about it, so clearly you’re interested in property investing. So why haven’t you done anything about it? In my experience, the number one reason why some people can’t take that first step is fear. There’s excellent evidence to support the notion that wealth can be created through investing in property – so why…
Trump Donald Trump The Donald Trumplethinskin However you wish to address him, the name alone conjures up many emotions and images. 5th Avenue, New York, Trump Tower, The Apprentice, Billionaire and 45th President of the United States. And oh yes, spray tan and a unique head of hair. Dare I say that he may very…
Do you want to make enough money out of real estate so that within a few years’ time you’ll be able to pay off your own home, buy a boat, or retire? If you answered in the affirmative, I’ve got disappointing news for you: it’s not likely to happen Real estate investing is a great long term…