What is the difference between ‘wear and tear’ and ‘damage’? It’s a conundrum faced by many landlords, agents, and tenants, but why is it so confusing? Well, it is because there’s a very fine line between the different types of damage. Let us break it down for you… What is wear and tear? Normal wear…
Warren Buffett’s long-time business partner, Charlie Munger, who incidentally, will turn 100 in January next year, famously said, “The big money is not in the buying or the selling, but in the waiting.” The more investing experience I accumulate, the greater the appreciation I have for how true this statement is. It is interesting to…
Would you like to make money while you sleep? It’s the stuff that dreams are made of, isn’t it? If you think about it, most property investors buy and hold an appreciating asset over the long term. Sophisticated investors may even add value through a simple renovation or something more substantial like a development. However,…
It’s a universally acknowledged truth that you can’t have a successful property investment without tenants paying you rent regularly. But too many investors don’t put enough thought into who is the best person to professionally manage their properties – and many even try to do it themselves. Successful property investors, however, understand that they need…
There has been a boom in refinancing of loans over the last year or so as interest rates rose. Many homeowners have been refinancing their home loans over the past year and a half. But is this refinancing trend seems to be slowing down now. According to PropTrack, the past few months have seen as…
Amid Australia’s housing crisis, land-supply slogans are once again dominating discussions about the solutions. Governments and private developers often blame housing crises on lack of land for new housing. Their solution? Rezone farmland for housing on the suburban fringe. Earlier this year, the South Australian government announced the state’s largest ever release of land for…
Have you ever wondered what your financial thermostat is set for? Perhaps the thought has never crossed your mind? Let‘s look at it a different way… What is your Air Conditioner temperature set for? I know where we live in Brisbane it runs at a consistent and cool 23 degrees Celsius. If the kids leave…
We’ve all heard horror stories about intelligent, everyday Australians who have somehow been sucked into a real estate scam that stripped them of their hard-earned money. Who among us is not tempted by the thought of making a quick buck? Despite working hard for their money, many Australians feel stuck on the treadmill of money…
Golf was an utter obsession for me as a teenager, the blistered hands’ testament to the fact that my mates and I would think nothing of playing 36 or even 54 holes in a day through the school hols. So here are 5 golfing lessons I learned that could help you as a property investor ……
The COVID-inspired rush to the regions is over, with two-thirds of Australia’s population growth in the next two decades to be concentrated in the big four cities of Sydney, Melbourne, Brisbane and Perth according to new research. Exclusive forecasts by demographers consulting business, Informed Decisions (.id), reveal that the nation’s population is forecast to grow…
