There seems to be a disconnect between what is myth and reality when it comes to the number of investment properties that people own. We sometimes hear about “greedy” investors who own dozens of properties when this is not really borne out by the facts. Did you know that about 70 per cent of investors…
With a trend towards private building certification and self-assessed development applications, I’m seeing a growing number of investors and developers cutting corners in the development process, based on the principle of ‘non-detection’. That’s because there’s now no council inspector involved in the process and it’s all handled by your professional, so there isn’t much chance…
Here are three acronyms you should know to better understand what tenants want. SOAP SOAP has been around for some time, and it is somewhat heartening to see that this old faithful still features high on the rental market’s want list. S = Storage 0 = Outdoor living space A = Air conditioning P = Parking (off street) PIES…
Perhaps you want to invest in Melbourne’s property market but don’t know where to start. Or maybe you’re wondering what the best Melbourne suburbs to invest in are for 2025. Let me talk you through it. While over the last four decades, Melbourne has been Australia’s strongest-performing housing market, over the last couple of years…
In the current property market, where interest rates are relatively high and borrowing capacity is reduced across the board, the last thing you want to do is shave any more off of your borrowing power. After all, even as an investor, the last thing you want to hold you back from securing an additional asset…
‘Penny wise, pound foolish’ may be an old-fashioned proverb but its message will never go out of date. Cindy Knight, General Manager of Time Conti Sheffield Unlike someone who is mean when it comes to small amounts of money but reckless with large sums, those who makes smart money choices all the time will be…
We would all do certain things differently if we had our time over again, wouldn’t we? But that doesn’t mean that we should live our lives with regret. What I mean is that, because we can’t go back in time to change decisions that we’ve made, there really is little point in dwelling on them,…
If you bought your home 20 years ago and didn’t check its value until today, you might be stunned. In all likelihood, you’d find it had doubled in value, then doubled in value again. It’s a classic case of the power of long-term focus—where the ups and downs of the housing markets, the peaks and…
If you are contemplating investing in property, should you buy now or wait? What if prices fall? Maybe you would be better off waiting? As my analysis below reveals, buying for less than market value or at the bottom of the market (i.e. buying well), has very little impact. The price we pay for a property…
I’m often asked what I would do differently if I could live my investing journey all over again. I’ve certainly made my fair share of mistakes along the way and paid huge “learning fees” because of them. However, instead of being defeated, I learned from each error and moved forward a little bit wiser. If…