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.
If you’re looking to get into property investing or move up to the next rung of the property ladder, here are some words of advice on how to invest in property. Property investment is simple, but not easy and that’s not a play on words. It’s not something you should enter into lightly, but for…
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…
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…
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 bubble? The good news is there are lots of options…
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…
Shopping around for a property can be a daunting experience, particularly if you have any lingering questions around how much you can afford to spend. However, you can overcome at least this one niggling concern by approaching the bank to obtain home loan pre-approval or pre-qualification. It’s important to note that both of these result…
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…
Worst advice ever I read a blog titled, “The 6 biggest property investment myths”. You won’t believe the rubbish it was filled with. The introduction was ironic… “Misinformation can stop your property portfolio in its tracks. Make yourself aware of the most common investment myths to separate fact from fiction.” The blog then started off…
Property investment is not something you should ever enter into lightly. But for some reason, that’s what a lot of people who have dreams of making millions with real estate do. They think, ‘I can go out, buy a house somewhere, stick some tenants in it to pay the mortgage and make a killing! How…
It seems there is more pain in store for first home buyers. For the third year running first home buyer numbers are tipped to drop as further cuts could fuel property values, according to comparison website finder.com.au[1]. Falling interest rates will bring more pain to prospective home buyers this year, with many first home buyers likely to be…
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