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…
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
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…
In recent years, many investors have been focused on the short-term gains they can make from investing in property, thanks to Sydney and Melbourne’s booming real estate market. Now that boil has become more of a simmer, it’s the perfect time to reflect on some of the longer-term benefits you can hope for when you…
There is no doubt that times sure are changing. This is especially true for baby boomers who are likely to live longer than they ever expected and possibly to struggle financially along the way, too. Not only are they likely to be around longer, they will probably not automatically retire at 65 either. Sometimes that…
When you’re buying a home, it can sometimes seem like you’re expected to learn a whole new language. Terms like “loan to value ratio”, “conditional approval” and “comparison rates” are bandied about on TV ads and in product disclosure statements – and if you don’t understand what they actually mean you could find yourself in…
As I’m sure you’re aware, successful property investment involves holding your properties for as long as possible. But sometimes you will have to sell. Maybe it’s because you’re outgrown your current home – or the opposite when all the kids have left home. Or perhaps, an investment property is under-performing, so you’ve made the wise…
Do you know your credit score? A credit score is a number that is calculated based on the information in your credit report, which helps credit providers (including banks) know how responsible you are to lend to. It’s a number that is between 0 and 1200, where a higher number means you are more likely…
