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…
The cost of not having landlord insurance can no doubt be devastating. I once had ideal tenants in one of my investment properties. They were a couple who paid rent on time and never caused me any dramas at all. Then, one day, that situation was flipped on its head when they broke up. Not…
The Brisbane property market has been identified as the capital city location with the best investment prospects according to new research. About 44 per cent respondents in the 2019 PIPA Annual Investor Sentiment Survey indicated that Brisbane property market was their preferred metro location for investment for the next year. The thing is savvy investors…
It wasn’t that long ago that most people’s money mindset were focused on simply paying down the mortgage on their homes. That was certainly the goal for baby boomers, who spent most of their working lives paying off their home loans. Then, for many, they spent their retirement years struggling to survive on the pension.…
I have been investing for myself and my clients for more than 10 years now and there is one property that I have never bought for anyone. That property is a brand-new unit. Of course, over the past few years, there has been plenty of coverage about the oversupply of new units in many of our…
Did you know that about half of Australians remain loyal to their first-ever bank throughout their working lives? Their mortgage, credit cards, and savings accounts are all with one bank from their first day to their last. Competition in the banking sector has skyrocketed over recent decades, which means that such misguided loyalty can often…