When you first thought about buying property as an investment vehicle, did the words ‘quietly boring’ ever pop into your mind? I’m guessing they didn’t. Real estate is often seen as an exciting affair and whatever names you have to describe it, “boring” isn’t like to be one of them. But investing isn’t just for…
You’ve probably have heard that your first property investment is the most important one. Get it right and it will be the springboard to building a substantial property portfolio. Get it wrong and you’ll probably never move past your first investment property. Remember around 50% of all those who get into real estate investing sell…
There are a number of reasons why a person may want to invest in property, but they never actually get around to it. They have all the best intentions and they really, truly want to take action. They do the research. They listen to podcasts, attend the webinars and buy the courses. They get educated,…
In my mind it’s important for people to go into property investing with their eyes wide open – which is to say, you should hope for the best but prepare for the worst. Too often I see investors get disillusioned with real estate because they simply have unrealistic expectations about what they’re likely to achieve….
When it comes to property investment, there’s no shortage of information available about what budding investors should do in order to ensure success. But perhaps more important are the pitfalls to avoid so you don’t become a statistic of the property game. While many investors start out with the intention of making it big in…
In the current evolving property market some of the best property investment opportunities are not found on the regular property portals. And they don’t have for sale signs out front. These particular properties are only available to certain people and, unfortunately, it’s not a case of what you know, but who you know. I’m talking…
Why were all those property pessimists wrong? In fact, why are they becoming more positive about property? Of course it wasn’t just the usual band of Negative Nellies making dire predictions of significant property price falls earlier this year, it was also some credible economists suggesting property values could fall by up to 20%. Yet…
So here we go again, the talk of more interest rate cuts. Well who thinks cutting interest rates from 0.25% to 0.1% or even zero will have an impact on our economy? Exactly, it will have no net benefit to hundreds of thousands of Australians with a mortgage as we deal with the current and…
Just look what’s happened to Qantas and Virgin. Like many other businesses they are being crushed by the COVID-19 economic slowdown. Qantas lost billions of dollars and has shed thousands of employees. Virgin went broke and similarly its employees, including pilots, are facing layoffs or job losses. While a gate attendant might easily transition into…
According to the ABS, the number of people refinancing their mortgage increased by over 63% in the year to May 2020. Quite often people think the only reason to refinance is to obtain a lower interest rate. However, this thinking is incorrect. Typically, you don’t need to refinance to obtain a lower interest rate (more about…
