Once you start looking for property you’ll come across a whole new group of fancy words used. The Real Estate Institute of Australia collated the following list of terms often used in the real estate industry, you may find useful: ABSENTEE LANDLORD – An owner or sub-lessor who does not reside in the place or…
I’d like to share with you some of my thoughts on risk, and how it relates to your investment success because I believe that what most of us have been taught about risk is wrong. In fact, it’s probably holding you back from obtaining real wealth. If you are like most investors, somewhere along the…
Working from home (WFH) is a type of flexible working arrangement that allows an employee to work from a remote location outside of corporate offices. Before COVID-19, just 13 per cent of people aged over 18 with a job reported WFH all or most days. Since the pandemic, however, this trend has shifted significantly. According…
Achieving financial freedom is a goal for most people. Unfortunately, the reality is that not that many people will achieve it. So what is financial freedom? There are lots of definitions but I like the one from T Harv Eker: “Financial freedom is simple: it is the ability to live the lifestyle you desire without…
Let’s dive into some intriguing numbers about where Australians are living now and where we’re headed in the next decade. First up, check out Table 1. Some 7.8 million children – a whopping 30% of the population in 2021 – were living at home with their parents. Just under four-fifths (77%) lived with their coupled…
Landlords are soon to be banned from evicting NSW tenants without “reasonable grounds” In fact, landlords could be fined for making up a “non-genuine reason” for evicting a tenant under New South Wales laws to scrap no-grounds evictions. The NSW premier, Chris Minns, said his government aims to introduce legislation to end the practice in September, fulfilling…
Are you starting out in property investment or perhaps looking to expand your existing portfolio? What fee will you choose to pay? Hopefully none, I hear most people say. But be careful…in my mind there are 3 fees you could end up paying over the life of your property journey. While some are obvious and…
Today’s online real estate listings are much more sophisticated than in years gone by. There are plenty of pretty pictures, floor plans and even walk-through videos designed to attract oodles of potential buyers. But just because there are more visuals than there used to be, it doesn’t necessarily mean that the words that go with…
Today, I’ll look at Australian household types with emphasis on those Aussies living alone. One in ten Australians lives alone. However, the recently released Census shows that a quarter of our occupied dwellings typically hold just one person, but 90% of us live with someone else. Semantics? Maybe? So let’s look at the data… Number…
There is no doubt that first-time property investors are staking their claim on markets across the nation. In fact, many are choosing to rentvest and buy their first investment before they buy a home. The thing is, while there is more information available than ever before, far too many newbies continue to make simple mistakes,…
