February 19, 2017
Continuous learning. Even for the people that have been in the game for a long time and have had a lot of success. You are never too young or too old to keep learning. This Property Investing Seminar provided some great insights into what's happening in the market, what is trending, what's new, and lots of questions. Watch the video for my wrap-up.
November 2, 2016
Property Inspections, if performed and attended to correctly, can add value to your property. Depending on what your strategy is with the property, e.g. hold, sell in 6 months, and the outcomes of the property inspection - determine how you manage each property inspection. Fundamentally, from an investors perspective, it's about maximising the value with the least spend, whilst being mindful of the optimal management of tenants.
November 1, 2016
Debt makes a lot of people nervous. Some people don't believe they will be able to rest until they have paid all their debt off. It's something that can play on your mind. How do you alleviate this, at the very least, reduce it, so you don't reduce your 'wealth creation' potential, and can sleep at night? My answer is buffers. Put buffers in place, but be careful on how restrictive you make them.
October 27, 2016
The old schoolers out there, if they are still alive, thought burying cash was one of the answers to creating wealth. In this current climate, where interest rates are low, does it still make sense to pile the cash and lock it up for a rainy day or use the cash to invest and grow equity whilst creating an additional revenue stream?
October 27, 2016
Property investing doesn't have to be this structured, suited up, finance talking, vibe. You can definitely make it fun. It doesn't take a lot of work to make it fun. It's always good to stay close to the reason why you first wanted to get into property investing. Despite this potentially changing as you travel the path, the energy that you feel, from the first time, is strong and compelling, and something to hold onto. On-top of this, there are three ideas I have that can build the next level of fun times.