Not all property investors are successful. Some fall on hard times because they don’t research the market, some ignore good advice and make a serious error of judgment, while others listen to self-professed experts who don’t know what they are talking about and have very little experience. If you are looking for bad advice as…
There is no doubt that times sure are changing. This is especially true for baby boomers who are likely to live longer than they ever expected and possibly to struggle financially along the way, too. Not only are they likely to be around longer, they will probably not automatically retire at 65 either. Sometimes that…
When you’re buying a home, it can sometimes seem like you’re expected to learn a whole new language. Terms like “loan to value ratio”, “conditional approval” and “comparison rates” are bandied about on TV ads and in product disclosure statements – and if you don’t understand what they actually mean you could find yourself in…
Almost half of Australians are living from pay to pay. These figures from a recent Finder survey of 1,780 Australians reveal 46% – the equivalent of more than 5.9 million working Aussies – are unprepared to cope with a job loss, admitting they couldn’t survive financially for more than a month if they suddenly lost…
Do you know your credit score? A credit score is a number that is calculated based on the information in your credit report, which helps credit providers (including banks) know how responsible you are to lend to. It’s a number that is between 0 and 1200, where a higher number means you are more likely…
Everyone would say Yes to a potential $50,000 profit right? Well maybe just about everyone but me! Let me paint the picture: On a recent post on Social Media someone was asking; “Would you consider buying in a low socio-economic location if the numbers looked good?” Not really enough information here, but I held firm…
One of the major changes in the property investment industry over the past two decades has been the rise and rise of publicly available statistics. Pre-2000, there was generally very little data available to property investors to help guide their decision-making. Today, of course, you have expert blogs and magazines, as well as a plethora…
Want to save over $70,000 over the life of your mortgage? Maybe that will be easier than you think according to research from RateCity.com.au which revealed if you give up one coffee a day and put the money into your mortgage you could be $71,891 better off over the lifetime of the loan. Now that’s easier…
Have you ever wondered who attends an event like Wealth Retreat? I know I always did. I have been attending Wealth Retreat for the best part of 5 years now, but I remember asking that question before my very first Wealth Retreat. I questioned my own worth and being an introvert, I also questioned whether…
Investors are constantly on the look-out for great ideas. They may not be new ideas, they could simply be a new take on an old format, but a good idea is what makes business go around. Not money, but good ideas. Unfortunately, some ideas that seemed like good ideas at first turn out to be…