Waiting for Old Father Time to generate property price growth is a respectable and common strategy. However, you can also take matters into your own hands and force your property’s value up with some proven money-manufacturing tactics. Before we go any further, I should clarify that ‘proven’ doesn’t necessarily mean ‘guaranteed’. Investors must be…
Articles by Kate Forbes
Kate Forbes is a National Director Property Strategy at Metropole. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA).
Visit www.MelbourneBuyersAgent.com.au
Making a profit renovating a property seems like a very attractive proposition. Buy low, renovate cheap, and add substantial value is the aim of the game. It sounds simple enough, right? While there is always strong demand for renovated properties – as there are always people wanting to move into a property that has been…
Real estate investing used to be a rather niche industry, confined to the few Australians who had significant reserves of cash and a genuine interest in the property market. These days, you could be forgiven for thinking that everyone is a real estate investor. Interest rates are at all time lows, freeing up many people to…
When I first started investing people had a personal relationship with their bank managers, but things have changed significantly over the last few decades. Fact is when you go into a bank, you are on your own when it comes to your own financial interests. Everyone may be friendly and eager to help when you walk in…
Buying with a friend seems like a good idea, doesn’t it? It’s certainly been a popular strategy over the past decade or so given higher property prices, plus more people choosing to stay single longer. The power of two is always stronger than the power of one when it comes to property after all! There…
The trick to making money from your investment property is to buy well. Now, that sounds like a fairly obvious point but you’d be surprised by how many investors and homebuyers (and all homebuyers should think like investors at the end of the day) pay too much for their properties. Now I’m not suggesting you…
Not all property investors are successful. Some fall on hard times because they don’t research the market, some ignore good advice and make a serious error of judgment, while others listen to self-professed experts who don’t know what they are talking about and have very little experience. If you are looking for bad advice as…
Many first-time investors stay just that way — one-time-only buyers, who never progress beyond having that one solo property in their portfolio. This happens for several reasons. An underperforming property, lack of funds to purchase again, and — worst of all — apathy or losing sight of your ‘big picture’ goals are some of the most common ones…
Instead of entering the market with confidence, many would-be property investors are sitting on the sidelines – missing out on what could be a golden opportunity to take advantage of the current market. Everyone is an expert In times like these, every Tom, Dick and Harry becomes a “property expert” and water cooler conversation is dominated by…
Plenty of investors make the mistake of buying into the hype that is government infrastructure spending. They incorrectly assume that better roads, schools and facilities will boost the value of their property and help them achieve financial security. However, as I outline in this article, this can be a costly error – and it’s one…
