Are you wondering what’s ahead for our property markets in 2023? In my mind, after a tumultuous 2022, investors must be prepared for even more uncertainty this year. But it will be a year that our property markets reset and a new cycle starts meaning it’s a time of opportunity. Just don’t expect it to…
Today’s podcast will be a little different. Today I’m going to be brutal. I’m not holding back and I’m going to tell you some brutal truths about property investing You’ll learn some of the things that can go wrong. You’ll learn about the frustrations of being a property investor. You will learn some of the…
How were your Christmas expenses? Did you stay on budget? Or did you splurge? Well, according to new research by Finder, a credit-funded Christmas has pushed millions of Aussies into debt. The survey of 1,086 respondents revealed almost half (49%) of Australians – equivalent to 9.8 million people – have racked up Christmas debt. The…
There’s a reason they call property investing “as safe as houses”, right? It’s because generally, buying property – provided you have a clear strategy and set goals – is a sound investment. Becoming a landlord can be a highly profitable venture for many people, including everyday Australians earning ordinary incomes. However, there are a few…
I’m going to be bold and start off with my first property prediction for 2023. I believe our property markets are going to reset this year. At some time this year our housing markets with reach a trough, which will herald the beginning of the next property cycle, as buyers and sellers return as they…
Many of us are drowning in “stuff”. To find space for all our possessions, we are paying off-site storage companies. Australians spend an average of A$163 per month on self-storage, one recent survey found. The number one item stored in these facilities is furniture. Other items we cannot fit in our houses include appliances and…
How do you view life? Some people think that what happens in their lives is out of their control. These are the folks who wait passively for what life dishes out to them. They have few goals, and they are the ones who usually hope for the best — that life will be kind to…
This is the ninth property downturn I’ve experienced in my 5 decades of investing, and I saw it coming and I’m taking advantage of it. However, the current market is causing concern and stress for many investors who’ve never invested during times like this before. In reality, the market is just doing what it always…
Australians desperately need more affordable homes, particularly homes for rent. The prospect of home ownership is rapidly receding for many people, especially younger generations (as the chart below shows). More people than ever are being forced into a tight rental market. Making things worse, many traditional providers of residential rentals, the “mum and dad” investors,…
As a property investor, one of the toughest decisions you’ll face is choosing the right professionals to manage your property. Their role is an important one. They’ll be in charge of advertising, conducting inspections, vetting potential tenants and organising maintenance – not to mention ensuring rent is paid in full and on time – so…