Making the leap from homeowner to property investor comes with a unique set of challenges and opportunities. While many landlords try to minimise their outlay and maximise their return – and understandably so – insurance is the one essential expense you simply can’t afford to scrimp on. It’s so important that you are adequately covered…
Recently success coach and best selling author Robin Sharma shared 20 of his quotes for getting bold dreams and bright goals done. They came from his books, blogs and tweets. Here they are: 1. Dream Big. Start small. Act now. 2. Victims make excuses. Leaders deliver results. 4. Education is inoculation against disruption. 5. A problem…
How do you choose an investment-grade property? One that will outperform the averages and deliver wealth-producing rates of return? Well…you probably know by now that property investment is part science and part art. The art component is the market intelligence that comes from decades of experience in buying and investing on the ground. And this…
The housing sector in New South Wales is facing a significant downturn, with apartment constructions plummeting since the introduction of additional taxes in 2017. Tim Reardon, the Chief Economist at the Housing Industry Association, highlights a stark 50% drop in unit commencements compared to previous years. “We’re witnessing apartment starts in NSW revert to levels…
It’s no secret that Australians are now valuing sustainable, energy-efficient homes not just for environmental reasons but as a smart way to save money. With the cost of living pressures escalating, incorporating energy-efficient features into homes is becoming a financially savvy strategy. This trend is especially relevant as high utility bills are increasingly stretching household…
One of the skills of being a good negotiator is knowing when not to talk but to listen. I have found that many inexperienced negotiators are too eager to show off just what they know. This can work against them as they often reveal too much too soon, in particular about what they are willing…
Most people have met “Ron” but probably don’t realise it. Ron is not some long-lost Great Uncle or even the person you always smile at at the local café but never got around to learning their name. No, that is because Ron is short for “Later Ron”, which is that old chestnut that’s also called…
Recently one of my nephews, who has suddenly taken an interest in the property, asked me: “You’ve been investing for a long time – If you could go back 40 or 50 years, what would you have liked to know then that would have made you do things differently?” Now that’s a great question, isn’t…
Australia’s rental vacancy rate has hit a historic low of close to zero. The latest estimate from SQM Research is 1.1%. The latest estimate from the property listing firm Domain is 0.7%. As would be expected with hardly any of Australia’s rental properties vacant and available for rent, rents have soared – at first in…
The landscape of retirement in Australia is shifting. Thanks to COVID-19, many Australians postponed their transition into their golden years. Recent figures, however, are indicating a significant trend: we’ve possibly reached the peak retirement age. A gradual increase has been observed over the decades in the age of retirement In an article published in the…