Townhouses have been around for a long time, with demand for this type of dwelling picking up more recently and this will only get stronger. Where is all this demand coming from? I can break it into two separate demographics; young families and retirees. But this is only occurring in a certain location – let…
As we enter the Spring selling seasons more homes are going to be put up for sale by auction, especially A-Grade homes. Unfortunately, for every auction winner, there are usually three or four auction losers. So let’s talk about everything to do with property auctions and some winning tactics to help you come out on…
The perfect storm of skyrocketing living costs, stagnant wages, and rising house prices has made the Great Australian Dream feel more like a mirage for many. What’s a would-be homeowner to do? Enter rent-to-own (sometimes called a rent-to-buy) home schemes, a rather nifty alternative that is popular overseas has been starting to gather some momentum…
In today’s episode, I chat with Assistant Commissioner Tim Loh as he demystifies the tax obligations of property investors in Australia. Lowe discusses the nuances of a $9 billion revenue deficit, three key areas to monitor when filing tax returns, and the importance of keeping thorough records. He explains rental property taxes and deductions, and…
Australia’s care economy could increase from its present about 8% of GDP to about 15% in 40 years, according to the government’s Intergenerational Report. The projections say in four decades’ time Australians will be living longer, with more years in good health – but the larger cohort of aged people will increase the need for…
The tenancy regulatory landscape is constantly evolving – and it’s important that landlords and agents keep on top of changes to ensure that they meet their obligations. Of course, meeting legal obligations is a condition of landlord insurance coverage. Changes to legislation can also have a flow-on effect on landlord insurance, so that’s why we’re…
Robert Kiyosaki’s book, “Rich Dad Poor Dad”, is a personal finance classic that has inspired millions of people worldwide to take control of their financial future. The book offers a unique perspective on money and wealth-building that challenges traditional financial wisdom. Here are six lessons from “Rich Dad Poor Dad” that are worth taking note…
First-time home buyers are saving more each month than last year. However, they still feel anxious about building a sufficient deposit to break free from renting and finally own their dream home, according to Canstar’s latest research. According to Canstar’s new First Home Buyer Survey, potential first-time buyers are now saving an average of $1,605…
It may have been Socrates who said: “Smart people learn from everything and everyone. Average people learn from their experiences. Stupid people already have all the answers.” So, to get to the next level as a property investor, you will need to learn from everything and everyone. On the other hand, if you believe you…
Now that Australia’s property markets are moving to the next phase of the cycle, strategic investors are back in the market actively purchasing properties and setting themselves up for financial freedom. After all, when it comes to investing your hard-earned cash, there are many investment options available, but choosing an investment vehicle that will generate…