Articles by Damian Collins

Avatar for Property Update

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


24

Imagine an affordable, hassle-free investment in one of our major cities that offered a guaranteed rental return of over 6% and a long term lease with fixed annual rent increases. In cash-strapped times, this would seem an opportunity too good to miss. But, as always, there is a darker side. Welcome to the world of…

0

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.  …

0

Acquiring a tenanted property can deliver many benefits, however, there can be various pitfalls as well. So what are the pros of cons of buying a property with existing tenants?  It’s a situation that many property investors find themselves in. After securing finance, spending months searching the property market, scouring the internet and attending countless…

0

Whether you’ve recently acquired an investment property or have a long-held portfolio, it’s always beneficial to review your assets to ensure returns are maximised.   If you’re the type of property investor that relies on your property manager for guidance, particularly for direction to optimise rental returns, you’d want to make sure that you’re using…

2

Yesterday I started to explain why it’s important for property investors to understand the valuation process – You can read it here. Today I’ll explain the role that sales evidence plays in the valuation process, some of the challenges faced by valuers and how investors can get the most out of their valuations. There is a saying…

0

Finding a property manager that will help you to maximise value from your investment property portfolio can be an extremely tough exercise.  With so many different property management companies in the market the degree of service you will receive can vary dramatically. Too often do property managers promise the world before disappointing and becoming just…

0

While landlords fear vacancy periods in between tenants, there are certain matters your property manager needs to attend to before a new tenant can move in. It might seem ideal for a tenant to move into your property the day after another vacates, thereby ensuring no disruption to your rental income. However, this rarely occurs…