How confident are you about your future? The world’s Geopolitical problems and local issues such as inflation, the specter of rising interest rates, and our local floods have made people feel less secure. In fact, consumer confidence plunged 4.8% last week, falling to its lowest level since early September 2020. ANZ Bank report that confidence…
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Are you looking to become more successful? Do you want to become rich, or a better property investor or entrepreneur? Well it may not be that easy – most who pursue goals never achieve them. According to a University of Scranton study, only 8% achieve their goals. Why? Because in order to achieve your goals you must…
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When is the most tax-effective time to undertake a renovation? You’ll find out as you watch this week’s Ask the Tax Expert video as Ken Raiss answers Lynda’s question about when is the best time to renovate the new home that she’s buying using a First Home Owner’s Grant. You see…she plans to make her…
While most real estate investors worry about the value of their properties today, particularly in light of our flat and falling property markets, in my mind a much better question is “where will property prices be 25 years from now?” And the good news is that, believe it or not, the median house price in Sydney could be over…
Canberra’s property market has been a quite steady achiever – but is it a good place to invest? With the Sydney property market past its peak, I know some investors and buyers’ agents are looking to Canberra as an alternative Sure, Canberra is less than 300km southwest of Sydney, and it has enjoyed solid capital…
We hear it time and time again: it’s tough to save for your first home deposit. And I’m not going to argue with that. It is tough. Saving for anything big takes a fair amount of self-discipline, dedication, and hard work. But it’s not impossible. There are many reasons why now is a good time…
If you are serious about growing a very significant property portfolio and establishing a real “property investment business” – I’ve got some great tips for you today. And if you’re not sure what I mean when I say “treat your property investing like a business” or how you do that or even why it’s important,…
Do you know the difference between productive and unproductive debt? In my experience, too many people have too much unproductive debt, and not enough debt that actually works for them productively to increase their wealth over time. The debt equation I had a conversation with someone recently who was considering paying off their home loan…
The end of the financial year is upon us once again and it can be an especially busy time for investors. So, with 30 June just around the corner, here are a number of issues that retirees and property investors must understand beforehand. 1. Superannuation After the age of 60, many investors opt to reduce…
It’s highly likely that you’ve heard about the concept of rent-vesting, but do you know what it actually takes to succeed with this strategy? As an investing idea, this one is as old as the hills – some property investors have been using this strategy for years (if not decades) to get ahead in the…
