Articles by Damian Collins
Damian is managing director of Momentum Wealth, a Perth based property investment consultancy firm. A successful property investor in his own right, Damian formed Momentum Wealth to assist time poor investors in building their portfolios and applies his many years of experience to help clients accelerate their wealth creation. Visit www.momentumwealth.com.au
One of the things all property investors need to understand relates to who you should trust for advice and, specifically, the difference between a salesperson and an advisor. For anyone considering investing in property, there can be a lot of information to take in, and it’s not just about property. You would think that this is…
If you’re looking to buy an investment property there are some marketing traps that property investors should be wary of! You see… When it comes to deciding how to spend your property investment dollar, there are many options from which to choose, from established houses to off the plan apartments and everything in between. …
Are you considering self-managing your property portfolio? The decision to do so may prove significantly more costly than you think. It’s not uncommon for novice investors to consider managing their own portfolios, particularly if they only own 1 or 2 properties. However, by taking on the responsibility to self-manage, you’re also likely to be taking…
The property market in Perth showed signs of stabilising in the December quarter, after values remained fairly steady easing just 0.2% to $510,000 for the period. Overall, the average dwelling price dipped 3.7% in 2015, with the March quarter having a big impact when prices dropped 2.7% alone. December showed some green shoots for the market, though, as the average…
As a property investor choosing the right suburb is critical, but to get the best returns, it’s just as important to invest in the right areas within a suburb. When looking for an investment property in Perth that will achieve strong capital growth, it makes sense to spend considerable time researching the suburbs that will…
In Greek mythology, there lived a beautiful but dangerous creature known as the Siren. This femme fatale would supposedly lure nearby sailors with an enchanting song, causing them to shipwreck and ultimately perish. For property investors, there are modern day equivalents of the Siren that need to be resisted at all costs. I am talking…
There is a common misconception amongst borrowers that if you pay off your credit card every month, it won’t impact on your application for a property loan. While some lenders may ignore credit cards that have been paid off in full for three months in a row, the reality is that most won’t. The way…