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…
Investment property depreciation is a popular tax break (or tax loophole as some like to call it) legally available to property investors. Anyone who purchases a property for income-producing purposes is entitled to depreciate the building and the items within it against their tax-assessable income. Not only will claiming a tax deduction against a depreciating…
There is an old army expression that cautions us to “Hurry up and Wait”, meaning be prepared to leap into action at the drop of a hat, whilst exercising patience just sitting around and waiting for that moment to come. Only to do the same thing all over again as the cycle of waiting, then…
Are you a sucker for a juicy, clickbait headline like me? Maybe like the one I have just used… A promise of endless cash flow would have to be the fakest headline in property investment advertising. It is the bait that lures you in, in the hope that you are snapped up by the salesperson….
Money doesn’t discriminate; it doesn’t care who you are or where you come from. No matter what you did yesterday, today begins anew and you have the same rights and opportunities as everyone else to become wealthy. Yet the sad reality is that the majority of Australians will never achieve financial freedom. On the other…
We live in an interesting world, don’t we? Particularly if you’re an investor. Every time the world’s economic woes seem to have sorted themselves out, or we think Australia’s economy is on the move again or we feel Australia’s property markets seem to be steaming along nicely, a new set of challenges pop up for…
Brisbane’s property market has seen some of the most robust growth of markets across the country, supported by the pandemic-induced sea and tree-change shift. The city had the strongest property market in 2021 exhibiting astonishing growth, with many locations experiencing 30% or more house price growth. And as higher borrowing costs began to weigh heavily…
Luxury homes and mansions across Sydney’s most prestigious suburbs continue to sell for sky-high prices even amid the Australia-wide property market correction. While there are fewer transactions occurring at the top end of the market, with reports that there is as much as half a billion dollars worth of luxury property languishing on the market…
Property investment is certainly not rocket science and while you don’t have to be a genius to succeed in real estate, it never hurts to learn from great minds when trying to achieve great things. So let’s look at some quotes that have been attributed to Albert Einstein and see how we can turn these…
With so many mixed messages currently surrounding property I thought I should give you some insights based on my close to 5 decades of experience in property and having built what some would suggest is a very substantial property portfolio. According to our big banks, Australians must brace for the worst housing correction on record…