September 5, 2017
From where I sit there are not a lot of positives about negative gearing. I made the mistake of negative gearing when I first entered the property market 15 years ago. I am now a lot more experienced and knowledgeable, and hence see negative gearings as not the best property investing strategy to undertake. You may be playing the 'tax element', but it can work more against you then for you.
September 5, 2017
Sydney auction clearance rate is slightly down. But before we make assumptions that the Sydney market isn’t performing as well as it was, take note of the increase in the number of properties listed and the fact that there are less buyers in the market. And don't take notice of everything you see and read. Do your homework and discern between what's media smoke / speculation and what is actual fact. Stay away from regional areas unless you have done a very thorough investigation, and more so if this is your firs property investment.
August 22, 2017
The old, buy where you can afford and live where you can’t. The no strings attached. The liberation of not being tied to a specific address. Creating a home, without the home ownership. This rentvesting. You rent out your place of ownership and then also rent. This provides you with more living option, saving options, and balancing your financials situation for a longer term gain.
August 22, 2017
The Adelaide market, tends to increase at a steady pace, with consistent growth each year of around 2-4% (on average). Adelaide puts on a good show on why Adelaide isn't the poor uncle. Buying in Adelaide should be dependent on your property portfolio strategy. There is a very good chance it's won't be your first best option.
August 22, 2017
Property Investing Strategy - One Size Fits all? Absolutely not and never should it. My advice is to leave the 'one size fits all' approach to buying apparel. And to be honest, after seeing a personal stylist (hope you noticed!!) this isn’t a very good idea either. Everyone is different. That's why going to one person who only does one thing, can come unstuck, as this one thing they do, may not work well with your story of past, present and future. I always recommend you start wide, look at the products, and then narrow in on what is the most suitable, after getting a feel for each. Work with someone that has expansive experience.
August 9, 2017
Now this isn't a slog at 'Old School' thinking and way of doing things. For many things, the 'Old School' formulas work over and over again. My point is here, that sometimes, 'old school' thinking can keep us in place that doesn't allow us to open up and change. Resulting in letting other opportunities bypass - because only know one way of doing things. When it comes to property investment, it really pays to listen to the experts. Family and friends may have opinions on this subject, but if you want to optimise your approach to be really successful, then be aware of 'old school' ideas that may limit you! Watch the video to find out my top 3 myths around investing in property.
August 9, 2017
Why is it that only 95% of property investors have only one property investment. Why are we stopping at one investment? Why are we not continuing on to the second investment property? I personally can relate to this. I was in there. I bought my first investment property and didn’t purchase my next one until ten years later. Why the delay? I think it’s because I bought one and sat on it. I didn't have a strategy. I didn't really given much thought to buying my first property. At the time I was pleased with myself for having come this far. So the momentum dissipated.
August 9, 2017
Typically, the property market slows down during the winter months. It makes sense. Everyone knows the feeling of wanting to stay in during the colder months. The perfect time to recuperate and restore, but also sit back and take stock. In all honesty, any one who is serious about property investing, doesn't hiberate.. well for not too long anyway. When everyone is enjoy the comforts of the fire, the investors are out their hunting for their next purchase.
August 9, 2017
One of my clients has ten investment properties and has only seen three of them. Most people would think this was crazy… buying something without seeing it. In some cases, clients have bought and sold a property over a 10 year period, and never once stepped into the front door. If you are just getting into property investing, you may find this difficult to do initially, however you eventually realise, working with the right team, people that you trust, take care it for you.
July 12, 2017
In the last 5 years, New South Wales (specifically Sydney) has delivered on ‘near perfect’, if you are an investor. (If you are NRL State Origin supporter than this is the opposite case for you).Whilst the Sydney market is ‘in and out of the bubble’ talk of late, it is important to focus on the future. This is where Queensland has already turned the tide. With foreseeable smooth sailing to the Whitsundays!! There are so many great reasons why you should have an investment property in Queensland, if you haven't already. If you have, maybe it's time for another.