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 …
Articles by 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
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…
Navigating the rocky seas of property investment finance can be a challenging task for home buyers and investors. And it’s made even more difficult by all of the misconceptions about home loans that are out in the ether. If you get your property investment financing wrong, it can cost you thousands, sometimes tens of thousands…
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…
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…
Cash might be headed the same way as the Tasmanian tiger according to Finder.com.au A recent survey of 1,000 respondents revealed that 23% of Aussies – equivalent to 4.4 million people – no longer carry cash. Kate Browne, personal finance expert at Finder, said as we become a cashless society, the need for wallets may…
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,…
If you’re apprehensive at the thought of borrowing six-figures (or more) to invest in property, you’re not alone. Here are six of the most common fears that trick people into not investing – and how to move past them.
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…
Mum’s the word for most Aussies when it comes to financial advice reveals new research . A recent Finder.com.au survey of 1,006 participants found that Aussies are twice as likely to turn to a relative for financial advice (42%) than they are a financial advisor (20%). One in four (26%) would consult Google, while 20%…
