Amidst the cost-of-living crisis, some property investors may be asking themselves: “Is landlord insurance a luxury and an expense I should forgo?” SPOILER ALERT: The answer is “no”! The cost of living keeps rising and wages are barely keeping pace with inflation – wage growth was 4.2 per cent over 2023 while the CPI was…
While many investors spend a large amount of time and effort carefully researching the property markets and then finding the top investment, they ignore the role that a professional property manager can play in preserving their property’s capital value and maximising its income. With our property markets growing strongly and no shortage of tenants, many…
I’ve found that for most property investors to change their level of wealth, they must change. Rather than disagree, please humor me for a moment and read on… Sometimes we love change and sometimes we hate it. In fact, some of us love to change and others fear it. Why is change difficult for many…
Australia is an entrepreneurial country of more than two million small businesses. Perhaps it’s our “give it a go” attitude that sees so many of us decide to take control of our financial futures. Of course, without small businesses, our economy wouldn’t exist given some 97 per cent of all businesses are classified as ones…
Are you looking for the fastest-growing areas for 2024? Australia’s population grew by 659,800 people (or 2.5%) to 26.8 million people in the year to September 2023, with Western Australia enjoying the fastest percentage growth rate of all the nation’s states (of 3.3%), according to the latest Australian Bureau of Statistics data. With 765,900 overseas…
We’re now 16 months in to a new property cycle. Early in 2023 our housing markets reset, and property values started rising, despite the fact that the RBA kept raising interest rates. So what happened? What changed? And what does it mean for the future of our property markets? To help understand what’s ahead and…
Rental costs in Australia keep on increasing. Because of this, shared housing is quickly becoming the answer for many to the skyrocketing cost of living, according to new research by Finder. The survey of 1,070 respondents revealed more than 1 in 10 (12%) Australians – equivalent to 2.5 million people – have moved into shared…
What approach are you using to make the vital decision of investing in the property market? In my mind, there are two approaches that I use when researching and analysing data in order to make an educated and informed decision. While both methods are important, the data used for each process will differ according to…
Buying a property is one of the biggest transactions you’ll ever make. It’s one that you’ve probably saved and prepared for a long time and are eager to make happen. The problem is, among all the activity, buyers are unaware that scammers are out there, lurking and waiting. Real estate scams are commonly related to,…
Estimates suggest there will be 25 million of these by 2100. Take a guess what I’m talking about: Is it: electric vehicles, household robots, wild elephants, centenarians, or streaming services per household? Electric vehicles. There may be far more than 25 million – estimates suggest 145 million – on the road by 2030. Household robots….
