All investors know that location is one of the most critical components of any successful property investment. When long-term capital growth is the sought-after reward at the end of the real estate rainbow (as it always should be), it is vital that you not only find the best possible property but the best possible position. In…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate…
I am sure you have been bombarded over the years with articles about how to bid at a house auction. I am going to suggest a few simple tips you can implement and then show you how it plays out at a LIVE property auction I attended a couple of years ago! This could have…
Imagine this: you finally scrape together a deposit, brave the high interest rates, and secure a mortgage on your dream home. You assume the next 30 years will be about gradually owning more of your home. But what if I told you the first 15 years of your mortgage repayments essentially go to covering taxes…
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…
