With an aging population and ever-decreasing government resources, Australians are looking at being less reliant on the social security safety net and planning personal strategies to give themselves comfortable financial security in later years. Given the vagaries of the stock market, investing in property is being recognised as a less risky way of owning a…
Are you thinking of becoming a property investor? If you’re planning on trading the smashed avo and craft beer for a property portfolio, knowing where to start can be challenging – especially if you’re the first in your group of friends to embark on the property investing path. Here are six tips for young investors,…
As our property markets move into the upswing phase of the property cycle there will be more and more positive news. You’ve probably noticed how the media has changed its message over the last year or so – no more stories about real estate Armageddon or forced mortgagee sales. Now there are stories about strong…
The world of property investing can seem daunting to an inexperienced young hopeful, yearning to get his or her foot onto the ladder – but this needn’t be the case! So, here are my top tips to help you take the first steps to building your real estate empire, without making costly mistakes along the…
Upgrading your home is a very important lifestyle decision that will have a significant impact on your standard of living. However, it is also a very important financial decision. Making wise choices can greatly improve your financial position, but mistakes can be very costly and impair your ability to build wealth. (1) Approach the decision…
I’m sure you’ve heard it said that you should treat your property investments like a business. But what does this really mean when it comes to the long-term management of your asset? Well…here are six top tips on how to manage your property investment portfolio. 1. Be business minded When you fail to plan, you…
I recently celebrated a another birthday. I won’t tell you how old I am, but nowadays my candles cost more than my birthday cake! As I’ve been investing in property, and some would suggest rather successfully, for over 5 decades, I’d like to share some of the most valuable investment lessons I’ve learned over that…
It’s fascinating to see how millennials are reshaping the landscape of property investment. Recent data from CommBank reveals that this generation isn’t just actively investing in properties; they’re also confidently navigating this journey solo. In 2023, millennials, those born between 1981 and 1996, represented a striking 46% of CommBank’s new property investors. Gen X followed,…
Today it’s common for couples to purchase a property before they’ve walked down the aisle or even lived together. Naturally, they assume they’ll be together forever, and don’t put a lot of research into the long-term consequences of how their ownership should be structured. So to help better understand this, let’s take a look at…
We currently have a shortage of houses for rent or to buy, and this is causing prices to rise and rents to skyrocket and the housing crisis, the likes of which I’ve never seen in my 50 years of investing. Of course, the main underlying factor leading to this challenge is that we are not…
