Location is probably the most important thing to consider when it comes to buying your next investment property. Perhaps you’ve heard me say that the location of your property will do around 80% of the heavy lifting of its capital growth. “Location, location, location” is a well-known expression that highlights the importance of finding the…
Thinking of converting your home to an investment property one day? You’re not alone… In my many decades as a tax specialist, I’ve been asked almost every question but some are more common than others. And one of these is: “My spouse and I are thinking of upgrading our home but want to keep our…
Buying a home is a significant financial and emotional investment, and it’s crucial to navigate the process with caution and diligence. Unfortunately, many prospective homeowners fall prey to common mistakes that can lead to financial setbacks and stress. In this article, we’ll explore some of the most prevalent home-buying mistakes and provide guidance on how…
Despite high interest rates and the rising cost of living the total amount in residential offset accounts has risen to a new record high of $257.20 billion as borrowers stash cash in their mortgages to mitigate the impact of the RBA hikes. The latest APRA’s Quarterly ADI Property Exposure statistics shows that money in residential…
More and more sophisticated investors are considering commercial real estate as a viable investment strategy. They have usually built a substantial asset base and are now looking for more cash flow in their investments. Often, they buy smaller properties – such as a shop, strata office or perhaps an industrial warehouse – because the entry-level…
If you’re looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesday’s board meeting, saying: the latest monthly figures showed inflation “continuing to moderate” inflation expectations remained “consistent with the inflation target” wages growth was “not expected to increase much further”….
These days, finding a new rental property can seem like an extreme sport! Housing affordability issues mean many of us are renting for longer, driving up competition for the good rental properties that are available. Other than in those inner-city high-rise rental towers that is. So, when you find the perfect property in your dream…
There are bad apples in every bunch, and property is no different from any other industry. Unfortunately, the property sector is largely unregulated when it comes to fraudulent “aficionados” because a license isn’t required in order to describe yourself as an “expert”. So, it’s up to you to spot the real property consultant from those…
Are you wanting to start investing to make your money work harder, but don’t know where to start? As a beginner, you are clearly going to need a certain amount of capital in the form of savings. I often get asked questions like; How much should I be saving? or How much do I need?…
Do you think that the cash rate will hold this month? Well, according to the latest Finder RBA Cash Rate Survey, more than 4 in 5 experts (82%,) believe the RBA will hold the cash rate at 4.35% in December, leaving 18% predicting an increase. The survey had 38 experts and economists weighing in on…
