I’ve recently written about why women make better investors than men. According to analysis by the Property Council of Australia, 47 per cent of Australian investment properties are owned by women. Their analysis of Australian Tax Office data has found that almost half of all negatively geared investment properties are owned by women wanting to…
Like a cabbie getting asked how his night has been, as a Property Strategist I rarely make it through the day without being asked ‘how’s the market?’. Luckily for my career, the truth is that no one really knows. The market is largely the opinion and sentiment of a given group of people at…
As with any type of long-term wealth creation vehicle, real estate comes with its own set of cautionary tales about the potential hazards and pitfalls. Many things can go wrong and the risk is amplified if you leap in without first seeking professional advice and devising a sound strategy and investment plan. But does that…
Do you know your credit score? According to a study by finder.com.au, two-thirds of the nation’s population have no idea what their credit score is. Your credit score is a number from a credit bureau that sums up your credit position. It is calculated using the information on your credit report. As someone interested in property…
Apparently Aussies are committing hundreds of billions in financial fraud. finder.com.au, reports that millions of Australians are being untruthful to save a buck. One in ten Aussies (10%) admit to lying on a finance application in order to secure credit, meaning more than $220 billion1 in finance could have been applied for under false pretences. The…
How much are you going to spend on Christmas gifts this year? For many Australian households it’s the most expensive time of the year and in the end many will be saddled with credit card debt in the new year. A new nationwide research survey of 1,027 Australians, conducted for debt solutions provider Fox Symes…
When was the last time you checked on your mortgage interest rate? Maybe a better question would be when was the last time you renegotiated your mortgage interest rate? The problem is many home owners and investors don’t know they can renegotiate their interest rates by just asking. The ACCC’s final report into residential mortgage…
One of the questions I’m frequently asked when it comes to people seeking property investment advice is, ‘Should I buy a house or an apartment?’ Many beginning investors are under the impression that houses make a better investment because they’ve read or heard that the land component of property increases in value, while the building…
We all want to buy our new home or investment property at the lowest price possible. On the other hand, the vendor wants the highest price they can get. Many property buyers often spend so long on research, they forget that finding that special home or the investment-grade property is only half the battle. Once…
Were you a good saver when you were I child. I know I wasn’t, but maybe things have changed? New research from the Roy Morgan Young Australian Survey reveals that nearly 77% of kids aged 6-13 have money saved up . 79% of girls have savings, compared to 75% of boys. However, boys on average…
