Property Finance - Property update articles

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What’s the difference between borrowing capacity and affordability?

Many novice investors make a simple mistake when they first start out. And that’s because they don’t understand the difference between their borrowing capacity and their affordability. So I’d like to clear up this issue to help investors manage their cash flow better in the future and to help them on their path to success….

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The banks say you can have it…but can you afford it?

Most people believe that if the banks deem you worthy of a loan for a certain amount of money, then you can logically afford to take them up on their offer. After all, the banks would not expose themselves to unnecessary risk by giving you more than what you can realistically pay them back, right?…

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Market changes, interest only lending and how to benefit from softer conditions

But do a few rounds of data constitute a property “slide”? Or are the markets just taking a well-earned break? According to CoreLogic head of research Tim Lawless, Australia’s capital cities saw a cooling of housing market conditions over the seasonally weak month of May with its hedonic home value index reporting a -1.1 per…

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The ultimate guide to home loan interest rate discounts

No one likes to pay more interest on their mortgage than they have to. In fact, if you manage to reduce your home loan in a small way via a discounted interest rate, it can have big positive financial consequences in the years ahead. When homebuyers and investors start out on their property journeys,…

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Ask the Expert [Video] – Are trusts the right vehicle for your property?

Setting up a trust can both protect your property and keep it in the family. But how do you know which trust is right for you? Watch as Ken Raiss and I discuss the benefit if a family trust when it comes to protecting your investment property. This week’s questions: I read that successful investors control…

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The eighth wonder of the world – Compounding

The past century has probably not seen a sharper mind than Albert Einstein. And, if I know anything, it’s that smart men and women are often good role models to follow. Albert Einstein, for example, is credited to have called compounding as the most powerful force in the universe, in fact the eighth wonder of…

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8 extra costs of buying an investment you shouldn’t forget

There’s a lot of fuss at present about how expensive property is. Truth is it’s even more expensive than most buyers think because there are a number of costs associated with buying an investment property that many investors fail to take into consideration. So let’s take a look at eight of the most common costs…

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Getting a home loan – a guide for Australian expats

It’s a rite of passage for Australians to head overseas to experience everything that the big wide world has to offer. This is even more so today with international borders usually open to qualified individuals who can add value to the ever-increasing number of global companies. While many Aussies usually find their way home again…

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How to help your children buy property

Housing affordability is the current topic of conversation at dinner tables across the Australia. And for families with Gen Y children, in particular, it’s probably a discussion based around how they’ll struggle to ever buy their own home. For those in Sydney and Melbourne, there’s no denying it has become a lot harder to…

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Should you use a line of credit?

Lines of credit on home loans have been around for a while now and are not a new product in the mortgage marketplace. However, the problem is that it can be tempting for borrowers to use them as a cash machine that they never have to repay. So what is a line of credit and…

Properly structured finance is critical to successful property investment