I think we need to be prepared for the possibility that the next couple of years might be a bumpy ride in terms of the economy, financial markets, interest rates, and so forth. The media thrives on higher levels of uncertainty, so be prepared for plenty of doomsday predictions and lots of negativity. The silver…
As each spring approaches, so do those blogs and click baits assuring us that spring is the best time to sell a property. John Lindeman busts this urban myth wide open, explaining that it’s actually the best time to buy. Potential sellers are often told that spring is the best time to sell their property…
Boy is competition in the rental market going to heat up. Especially now that the number of international students applying for visas hit a record high in June as city life and international travel resumed. According to the Home Affairs Department: “This is the largest number of offshore applications received in a single month in…
The excitement you get when you purchase your first investment property is sometimes overwhelming (in a good way!). While it is important to soak up the prospect of financial freedom, new investors need to think about how they are going to protect their new assets and the income they are set to derive. The difference…
There is a debate in the world about the usefulness and alleged obscene amounts of money earned by some professions. It’s widely acknowledged that real estate agents are not the most trusted professions in Australia. A recent Roy Morgan survey revealed that just 5% of Australians trust real estate agents, (down 2%) all hitting new…
When you make your offer on a property there are a few things to keep in mind to give you the upper hand in the negotiation. These are just as important in the current market as they were during the times of the property booms. So, let’s look at some tactics that should help you….
How can you pick when the property market will turn? That’s the million-dollar question I am asked on a daily basis. My honest answer is that nobody knows what happens next, just ask those property experts who made all those wrong predictions a couple of years ago. House prices were supposed to fall 30% +,…
What is the best way to value a property? In my mind, there are many different ways to determine a property’s true value. There are also a few different types of people that you can turn to for a valuation of your property. The most common are Valuers and, as an investor myself, I know…
New Zealand has provided Australia’s property experts with a test case this year, following the central bank’s decision to move early with rate rises in an effort to combat rising inflation and a runaway housing market. As one of the first developed economy nations to lift rates, the Reserve Bank of New Zealand (RBNZ) announced…
Is the Queensland Government in overreach in attacking property investors? One would think so based on their latest attempt to increase property-related taxes. The Queensland Revenue Office has introduced legislation that from 30 June 2023, will calculate land tax, using the total value of your Australian land. This includes your taxable land in Queensland as…
