Attracting reliable tenants is a crucial part of any investment strategy. Yet, it is an area that many investors overlook as they become fixated on price and positively gearing their portfolio. Price is important, of course, but equally important is whether the place will be in demand by tenants. This is a question that should…
Government officials, experts, economists, and even the media are consumed by Australia’s surging inflation. And it’s not surprising given headline inflation is now over 5% for the first time since 2001, and isn’t showing any signs of slowing. In fact, Reserve Bank of Australia (RBA) Governor Lowe recently appeared on the ABC and told us…
When a purchaser gets involved in negotiating for a property they’ve fallen in love with, emotions can rule logic. It’s easy to get caught in the moment and end up paying more than you perhaps should. As either a home buyer or a property investor, it’s critical not to get carried away by your emotions,…
It looks like inflation will soar to nearly 8 per cent by Christmas and be chased by interest rates that together will send people’s ability to pay for things further into reverse, halt the jobs boom, and put the brakes on economic growth. I know many people are preparing for a rocky road ahead. But…
Personal finance sounds like one of those jargon terms that are relevant only to bank managers, accountants and other personal finance nerds. However, it’s a hugely important aspect of our lives, one that dictates many of our lifestyle choices – and is therefore something that everyone should be able to navigate well.
It is interesting that for most complicated processes that fall outside of our personal experience we are quick to enlist the help of a professional. There are not many people who will take care of their own commercial accounting or defend themselves in a court of law. However, when it comes to bidding at a…
If you’re thinking about diversifying your property portfolio or are looking for a market where there is a good investment opportunity, you’ll want to think about becoming a borderless investor. But the trick is how do you avoid the hidden mistakes while ensuring you don’t miss out on any golden opportunities of buying property in…
With rising costs of living, including interest rate rises, many people are really worried about their mortgage. So, what actually happens if you can’t pay your mortgage – and what are your options? Here’s what you need to know. Payment deferrals, payment plans or getting fees waived It’s not particularly rare for a borrower to…
Today I would like to share a memory from when I was still a novice investor. One of my early mentors taught me that the four most dangerous words a property investor could say were… “This time it’s different.” Unfortunately, I ignored his advice in my early days of investing to my detriment, as I…
Property investment is one of the best ways to create wealth but your property investment success depends on much more than just property selection and location. You see… property investment also involves people – namely landlords (that’s you) and tenants. When leasing an investment property, the landlord has various responsibilities which must be upheld. In…