Beauty is in the eye of the beholder, and this certainly holds true in the world of real estate. Not all of us will love the same style of property. Some may prefer modern architecture and a contemporary lay-out and finish, while others may only be interested in buying period properties offering lots of charm…
For anyone who has tried to apply for property finance in the past year or so, it will come as no surprise when I tell you that more people are being knocked back on their applications as APRA’s influence has tightened lender’s serviceability criteria. Tougher lending criteria means the chance of borrower rejection is higher now than it…
Property investing comes with its fair share of rules that you’ll need to follow, if you hope to be one of the relative few success stories to create wealth through residential real estate. One in particular that you’d do well to know when evaluating your next potential property investment is what’s referred to as the…
What is likely to underpin the capital growth of your next home or investment property? Well…much of the heavy lifting – up to 80% – will be done by the location and around 20% will be determined by the type of property you buy in that location. While home buyers and investors tend to consider…
Let me start today’s blog by asking you a question. What separates successful investors from unsuccessful ones? Maybe you answered with ‘years of experience’, or you may have gone with ‘receiving good advice’. Maybe you even said it comes down to luck. But I am a firm believer that to be a successful investor you…
What happens to your loans and debts when you die? It’s probably not something you’ve given much thought to, but understanding the way debt works after we pass on is important for all investors to consider, so as to ensure that our loved ones are financially taken care of – and not burdened – afterwards….
Some find the process of buying the perfect property laborious and somewhat tedious, while others find the process exciting and a total challenge. One thing is certain: no matter what your feelings toward the outcome, finding the perfect property requires time and effort and rushing this process will ultimately mean that you can end up…
It may sound like a trick question, but when do you first start “inspecting” the property you are going to buy. It may differ slightly if you are considering to buy a home or an investment property, but the fundamentals will remain the same. When I am searching for property, I like to take a…
Most people believe that debt is a dirty word. It’s something to be avoided at all costs or, if it’s necessary for some reason such as buying a home, to be paid down as quickly as possible. But what if having debt meant you actually made more money? What if you could be paid to…
Want to save money on your mortgage? You could if you ask the right question. All you have to do is ask for a better rate. Yet about 45 per cent of homeowners are not requesting a lower interest rate when applying for a loan, a survey conducted by finder.com.au has found. Bargaining a better mortgage rate is a…
