Every landlord will eventually face a situation in which they need to evict a tenant. If you want your tenant to move on earlier than planned, however, there are certain rules you must follow before showing them the door. When buying an investment property, every investor hopes that the perfect person will move into their…
The central business district has historically been the beating heart of metropolitan regions across Australia. The polished glass and steel high-rise offices, hotels and apartment complexes stand as monuments to architectural, construction, engineering and, of course, economic success. CBD-based workers and visitors, plus increasing residential densities, have played a major role in sustaining the diversity…
![[Podcast] Sorry, Owning 50 Properties is Almost Impossible Now with Daniel Gold](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/11/MY-podcast-220-Cant-buy-50-properties-270x200.jpg)
When I wrote the first edition of my book How To Grow A Multi-Million Dollar Property Portfolio – in your spare time, way back in 2006, it was outsold by another author who promised the secret to going from 0 to 230 properties in three and a half years. Subsequently, the same author wrote another…
How has the pandemic induced recession affected you? Clearly many people and many businesses have, and still are, suffering. But at the same time more Australians have stashed more of their cash in the banks. They have rapidly amassed close to $100billion in total savings as a buffer against the COVID-19 recession. Household deposits with…
Is the recession really over? The RBA deputy governor Guy Debelle told Senate that the Reserve Bank believes the nation is out of recession with the economy returning to growth in the September quarter. But what a roller coaster this year has been – and the ride isn’t over – there’s lots further to go…
![[Podcast] The latest research has changed my view on what's ahead for property](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/10/MY-podcast-223-Game-changers-270x200.jpg)
What’s ahead for our property markets? It’s hard to make predictions, especially about the future. It’s even harder to predict the endpoint of a moving target. Yet there is a palpable change in property sentiment happening. Earlier this year, there were a number of dire predictions suggesting property values would plummet. But now, most of…
Have you been waiting for a sign to enter the property market? I speak with many investors who want the waters to be “just right” before they dive in. I understand their reasoning and it is probably even more understandable given the year we have had! But, I believe the right time is when you…
Christmas might be coming early for thousands of borrowers with a home loan. An October 2020 Finder survey of 968 Australians with a home loan found 1 in 3 (34%) will refinance over the next year. With 2.9 million mortgage holders in Australia according to ABS census data, that’s nearly 1 million (986,000) Aussies intending…
Anyone who has been in the property investment sector for a while knows all too well that it takes a long time to understand its golden rules. If only we all understood them when we were in our 20s, instead of many years later. Of course, these days, there are a plethora of books, blogs…
You don’t want to scare a good tenant away by driving up the rent, but at the same time you’ve invested in property to make money. It’s a dilemma every landlord has to face at some point: when, and by how much, should your rent? You might fear raising the rent too much and driving…
