It happens every year. The TV show “The Block” inspires a new wave of investors keen to get involved in renovating and “flipping’ properties. Just to make things clear “flipping” is where you purchase a property and then sell it within a short period of time for a higher price, usually having added value through…
Warren Buffett is arguably the greatest investor of all time. Sure, he’s now retired, but he has a great track record of creating and maintaining his wealth through share investments, and many of his principles also apply to property investors. So let’s look at some of Buffett’s investment principles and see how we can apply…
My personal philosophy on wealth building is simple: invest slightly more than necessary to achieve my financial and lifestyle goals comfortably, but no more than that! None of us knows how long we have left on this planet, so I think it’s essential to maximise enjoyment today or at least enjoy the wealth-building journey as…
Is Australia finally falling back in love with homeownership? Westpac’s latest housing survey says… maybe Once upon a time, owning a home was the Great Australian Dream, etched into our psyche like Vegemite on toast. But in recent years, that dream’s been dented by sky-high prices, interest rate hikes, and affordability woes. So it’s fair…
I know that many property investors are a little intimidated by the thought of bidding for a property at auction. I can understand why because auctions are an emotional and exciting event. And even after bidding at hundreds and hundreds of auctions, I must admit I still get that surge of adrenaline every time I…
Typically, accountants tend to advise against using a private company structure to hold geared property investments. However, investors shouldn’t automatically dismiss this approach, as it can provide substantial capital gains tax (CGT) savings. Commonly cited disadvantages of a company ownership structure There are two main disadvantages of using a company structure for property investment: No…
Let me share a little secret with you… Many of the best property deals never make it to auction day. They’re snapped up quietly beforehand by savvy buyers who know how to negotiate strategically — and decisively. In today’s competitive property market, especially in hot suburbs where listings get snapped up quickly, waiting until auction…
Who do you ask for property advice? With so many mixed messages and vested interests, who can you really trust? And in today’s property markets, there are very few advisers who have the perspective of having lived through and successfully invested in a number of property cycles and understand how to take advantage of the…
Let me let you in on a little secret… Most property buyers think negotiation is just about haggling over price. But as someone who’s been in the property game for decades, I can tell you—it’s not even close. There’s so much more to the negotiation process than meets the eye. In fact, there are layers…
How often have you thought to yourself, if only I had more money, life would be that much simpler? Do you feel like you never have enough? Are you constantly spending your salary the day it lands in your account and then eagerly waiting for the next payday so your stocks are replenished and you…
