Investing in property isn’t as straightforward as you might think, and if you don’t do it right, it could end up costing you a fortune. I always say: “Don’t let your emotions get in the way of your property investment decisions.” In fact, of all the common mistakes property investors make, this is where most…
Most days I take our dog Lincoln for a walk along the beach at the end of our street. This morning as we walked along the path I looked out at the water on the bay and saw strong waves thrashing onto the shore and thought to myself, “Wow, it’s windy out there.” As I…
In today’s podcast, we talk about property management, but we’re going to bring up some things you may not be aware of. Did you know that one state legislation requires you to give your tenant your personal email address or your mobile number? Did you know that in another state, you can’t ask potential tenants…
After a boom in discretionary spending this year, a recent report from the ANZ Bank expects household consumption to slow in 2023. We know that the RBA has been trying to slow down inflation by stifling our spending, but this really hasn’t happened yet. The slowdown has been delayed by the very strong labour market…
What’s ahead for Australia for the balance of this decade? That’s what I discuss today with leading demographer Simon Kuestenmacher. Forecasting is important because it can help us to make better investment and financial decisions. If we have a sense of where the world and our economy are going, we can prepare better. In theory,…
Today’s podcast initially started as a regular question and answer session with Ken Raiss where we answer your queries, but it ended up being a discussion on the role of property investors based on a comment made by a friend of Ken’s who said that “property investors are the scum of the earth feeding off…
How would you cope if interest rates rose a further 1%? Well according to the semi-annual RBA Financial Stability Review most Aussie households would manage to cope well. Of course, that’s against what the media is telling us about severe mortgage stress leading to Real Estate Armageddon You see… only around a third of households…
When you’re overly focused on the future and always want to accomplish more, it’s very difficult to be happy today. After all, it is never enough. I see many people who want more, who want to have a better life. And it’s not just more money or more properties. Some want more degrees or academic…
Many investors I know got started by reading one of Robert Kiyosaki’s books. I know I learned a lot from him. While his property investment concepts don’t necessarily translate well to Australia, there are many other financial lessons I learned from him years ago. I also enjoy reading Kiyosaki’s quotes. Here are some of my…
Property investment has lost its appeal for 45% of Queensland investors, according to the latest Property Investor Sentiment Survey by PIPA. The survey found many investors are selling up, and quite a few feel they are longer in control of their assets. I’m sure you’ll still find my chat with Nicola McDougall, Chair of the…