Do you know the difference between a superior investment property and an inferior one? Well, it is – quite simply – due diligence. Of course, as buyers’ agents, this is the key element of the services that we offer our clients every day. We spend countless hours researching locations before they are on anyone’s radar…
Did you know that the purchase of vacant land has doubled in the past year in Australia? In fact, about $1.3 billion in new loans were recorded in August for owners occupiers buying vacant residential land around the nation, according to the Australian Bureau of Statistics. Now, it doesn’t take Einstein to work out why…
One of the many mistakes that new property investors often make is to adopt a “set and forget” mindset. What usually happens is they buy an investment property, appoint a property manager, and then, well, do nothing. Before long, their property is rented for less than it should be, or perhaps they decide to sell…
We often receive enquiries from potential new clients whose first investment property is costing them money. Sometimes, it’s because they have unfortunately bought the wrong type of dwelling in an inferior location. But, quite often, their property could be neutral or even positive cashflow if they just did one simple thing. What I’m talking about…
There is a belief in some property investment circles that off-market deals are always the golden real estate goose. If a property is offered to you off-market, then seemingly it must make financial sense to buy it. The truth of the matter is that sometimes it’s best to give off-market deals a wide berth –…
One of the common mistakes that new investors make is focus too much on cash flow and not capital growth or vice versa. Now that might sound a little confusing, but the fact of the matter is that you need both to grow property wealth over the years. That’s because it is the capital growth…
One of the many changes in property investment over the past decade has been the increase in borderless buying (buying interstate). By borderless, I mean buying in a State or Territory other than your own. Some of the reasons for this include increased education about property investment generally and, finally, recognition that Australia is a country…
With markets firming in many locations around the nation, some novice homebuyers and investors are searching for cheap property. Unfortunately, this often means they are selecting properties and locations purely because they “seem” affordable to them. In reality, often this means they wind up with an inferior property in a second-class location that will always…
Successful property investment involves separating fact from fiction. Unfortunately, there are many untruths out there, which are sometimes taken as gospel by novice investors and first home buyers. These property investment myths and fantasies are abundant online, with anyone having the ability to call themselves an “expert” without having to prove a thing. While fundamentally…
It’s a fact that most property investors who go at it alone never buy more than one property. One of the main reasons why is because they buy the wrong property in an inferior location, which ends up costing them in cash flow as well as substandard capital growth. Then, what usually happens is they…