Sometimes the hardest part of becoming a successful property investor is getting started. Everyone makes mistakes along the way, particularly when it comes to your first investment property. That’s why it was so important for us to develop these articles to help guide you through the process and avoid the typical mistakes made by the beginners.
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Recently one of my sons, who has taken a keen interest in property investment, asked: “Dad – what’s the worst advice you’ve ever been given on real estate investing and what’s the best advice you could give me?” The worst advice: I explained that the worst real estate investment advice I was given was that…
You’ve heard me say it before… not all properties make good investments, and not all investors will profit from their real estate pursuits. So what’s the difference between those who succeed at property investing and those who struggle to get ahead and fail to make any serious progress towards their wealth goals? More often than…
Buying your very first home can be both an exciting and daunting process. Navigating the maze of finance, home loans and the property market can be challenging for even seasoned investors. So how are the newcomers meant to get their foot into the property market? The good news is there are lots of options and…
If you are confused by the abundance of advice out there on how to get into the property game, perhaps it is better to start with the hazards to avoid. Having guided investors for many years now I’m privy to the mistakes that many beginning property investors make – and interestingly, they can generally be avoided…
When you’re buying your very first property, it can be easy to get caught up in the excitement of it all – as well as how overwhelming it all can sometimes feel. You know how much you’ve been pre-approved for and you know roughly what your mortgage payments will be. So, you start making a financial…
I was having my hair cut the other day when Joseph my barber said, “Michael – I’m going to get into property investing and I’m going to make a fortune because I’ve learned how to invest like the pros!” Each time I visit Joseph the conversation seems to revolve around property, but when I heard…
Is it just me, or does there appear to be a rise in Spruikers around recently? They seem to be popping up everywhere, especially on most social media channels, where they seem to be thriving. They tend to be on amazing beaches with pretty women and fast cars offering incredible solutions to solve life’s common…
Most young Aussies dream about buying their own home one day. Then there are other some savvy first-timers who are opting to invest in a property first and remain renting where they want to live but can’t afford to buy. Whichever type of property buyer they become, far too many find it more difficult than…
So after a few years of hard work, you’ve got a neat little fund set up, and you know that one of the best long-term ways to invest your money is to put it in property. You’ve heard the success stories of million-dollar portfolios, of investors who have managed to retire early on high-growth properties…
Property investing may be simple, but it’s not easy – And that’s not a play on words. When you look at the statistics and see that most investors never get past their second property, you realise that most who get into real estate won’t achieve the financial freedom they were looking for. While it’s possible to…
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