Australians are a wary bunch and that’s not a bad thing. As the Royal Commission into Banking has shown us, sometimes the so-called experts don’t have our best interests at heart. I spend a lot of time talking about the right and wrong investment decisions so readers like you can avoid making costly blunders. My…
As more and more of us move towards medium or high density living, it’s important to be aware of the issues that go along with living in an apartment or unit complex. When people live in such close quarters with others, there’s bound to be the odd disagreement, and the body corporate (also known as…
Everyone has times in their life when they need a bit of a helping hand and some good advice. Perhaps it’s some advice on which direction to head, or maybe you have two equally enticing options before you and you don’t know which path to take. It’s in these moments that we reach out to…
We’ve all heard that APRA’s restriction has caused the banks to tighten the screws and make it harder for many investors to get a new loan of refinance their existing loans. But the availability finance is the lifeblood of every property investor, giving them the means to leverage into real estate with other people’s money…
Alarm bells are ringing for those who bought an off the plan apartment a few years ago. Investment bank UBS warned that three in 10 new apartments sold off the plan in Sydney are now settling with a lower valuation than the original contract sale price. And it’s much the same in Melbourne. This comes…
Over the last few years more investors have been considering secondary cities such as Geelong, Newcastle and Launceston which were more affordable than our big capitals. Domain Economist Trent Wiltshire recently wrote: “Secondary cities have been on a run, proving more affordable options for buyers after prices shot up in the closest major capital city….
If you’re planning to sell your home or investment property this year, I bet you’re keen to get the maximum price. Well I’ve got a couple of good ideas to help you achieve this in our current challenging market. But first let me ask you a question… Have you ever watched “The Price is Right”? If…
Everyone need more cashflow don’t they? And higher property investment yields mean more cashflow right? The short answer is NO! You see many investors set out with the short-term mentality to create more cash flow. They think that by investing for cash flow they can replace their existing income and replace it with rental income….
Proposals to limit negative gearing and reduce capital gains tax concessions will cost a Labor Government $32 billion over just 10 years, according to new research. Modelling by the Property Investment Professionals of Australia (PIPA) has found that limiting negative gearing to brand new investment properties as well as reducing the capital gains tax discount…
While we all know that property investment is generally about long-term wealth creation, sometimes even experienced investors wind up losing on their properties. So to help you avoid some of the common pitfalls, let’s look at a few of the strategies that could make your investment more of a money pit than a profit-spinner… 1….
