In the ever-evolving landscape of property investment, landlords are increasingly faced with a barrage of new challenges that can make owning investment properties feel more daunting than ever. Over the last few years, the government has implemented a series of legislative changes that have significantly altered the rules of the game for property investors. These…
A new client recently came to see me. He was a little hesitant at first as he had been using an accountant, lawyer, and financial planner and was apprehensive about the value Metropole Wealth Advisory could give. He left my office almost in tears when he realised the cost of his poor previous advice. Given that…
What is land tax? Who should pay for it? And can I reduce this major property cost which seems to eat into my rental income disproportionally? These questions are often asked by serious property investors who already have or are in the process of building a significant property portfolio. As is the case for most…
Have you wondered how many investment properties you would need to get the ultimate goal of financial freedom? I’ve found that while most property investors hope to one day replace their personal income with cash from their investment properties, most don’t have a strategy to achieve their goals. So, just how many properties does it…
In decades gone by, it was common for first-time buyers and all buyers to purchase a house in the suburbs. A lot has changed over the years, with units and townhouses now surging in popularity. Lower maintenance and superior positions closer to the city are key drivers for these buyers. According to the latest Census…
There are more than 600,000 self-managed super funds (SMSFs) in Australia controlling more than $700 billion – so on average each fund holds more than $1.2 million – and many people who set up an SMSF do so to have greater control over their investments and operating costs. And it makes sense given that so…
Times are changing and we’re at the beginning of a new property cycle. Many of the housing markets around Australia have experienced consistent property growth over the last 7 months. But despite that, not all the property news all good and the many mixed messages in the media are causing some would-be investors to doubt…
In the ever-evolving landscape of real estate there has been a notable shift in focus towards neighbourhood when home owners have been making their buying decisions. And investors should similarly focus on selecting the right neighbourhood as this trend transcends mere aesthetic appeal or status symbols; it delves into the more profound aspects of socio-economic…
It was the blunt but ingenious billionaire Kerry Packer who memorably explained to a stunned parliamentary committee exactly how the tax system works. The late business tycoon said, “I’m not evading tax in any way, shape, or form. Now, of course, I’m minimising my tax, and if anybody in this country doesn’t minimise their tax,…
Days ago, at the start of last week, there was talk of a Reserve Bank rate hike. Not now, not seriously, although Reserve Bank Governor Michele Bullock said it remained an option on the table when her board met on Tuesday. In the United States, there’s talk of a double cut – two standard-size rate…