Articles by Rita Thomas

Rita Thomas

is a Property Strategist with an accounting background and over 30 years’ Commercial Banking experience. She is a passionate property investor who enjoys helping her clients create wealth through property investment using Metropole’s strategic approach.
Visit www.MelbourneBuyersAgent.com.au


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Property investment can sometimes have a mythical quality, but not in a good way! There are a plethora of myths out there that prevent us from starting, or growing, an investment portfolio to our financial detriment. Let’s look at five of the myths I’ve heard about borrowing money to invest: 1. Leverage is too risky …

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What are the common finance mistakes property investors make? Yesterday I outlined the first five finance mistakes to avoid when structuring your finance, whether you’re a home buyer or property investor. If you didn’t read that – please check it out here first I explained that the mortgage product you end up with can mean the…

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Bills may be forced to take a backseat this Christmas, as millions of Aussies struggle to make ends meet according to Finder. A recent survey of 1,047 respondents revealed that over one in three (36%) Aussies say they’ll be unable to afford basic necessities over the holiday period. Around 13% say they’ll struggle to pay…

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If you’re anything like most people, you probably think your ticket to financial security is just a pay rise away. “If only I earned more money,” you think, “then I could get ahead financially…” But do you remember the last time you got a wage increase? Where has that extra cash gone? We all have…

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Why do people go bankrupt? And which professions are more likely to bankrupt. It may not be who you think… One of the largest registered bankruptcy Trustees in Australia, Aravanis has mined its data across 2017 and discovered that those with the following professions were more likely to go bankrupt than any other profession*: Managers (Sales, Marketing, PR,…

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The nation’s largest lender to property investors is looking for more business. Westpac and its subsidiaries Bank of Melbourne, St George and BankSA, have just reduced the minimum deposits they require from investors from 20 per cent to 10 per cent for interest-only investment loans. In other words investors who meet certain criteria will be…