Property education isn’t overrated. Don’t skip it if you want to succeed

Some experts say that property education can be a curse when starting out as an investor. 

Because of the sheer amount of information, you could easily get lost and overwhelmed.

They argue that rather than make you confident, too much information could make you even more confused than when you started.

They say that getting thoroughly educated would divert you from your main goal and you could get bogged down with the unimportant details.

Getting educated can cause analysis paralysis that could cause you to miss out on the opportunities at hand according to these experts.

But before you’re tempted to forgo learning about property investment, ask yourself this. Continue reading “Property education isn’t overrated. Don’t skip it if you want to succeed”

Negative gearing changes that could squeeze your profits

With the much-anticipated budget finally released, you may be wondering how it will impact you as an investor.

Let’s start with the good news. Continue reading “Negative gearing changes that could squeeze your profits”

What’s next for the ‘ridiculously’ hot Australian property markets?

While it’s hardly a surprise to see continuing property price increase given investors’ exuberance, the magnitude of the broad price growth were unexpected. Experts warn a number of factors are now lining up to bring prices down to earth.

Just when you think Australia’s property prices can’t grow any faster, they speed up again. Continue reading “What’s next for the ‘ridiculously’ hot Australian property markets?”

4 reasons why investing with others is a risky strategy

There’s no doubt that co-investing with other people could help you fast-track your property portfolio. But there are hidden traps you need to be aware of.

With property prices continuing to rise across Australia, it’s becoming increasingly difficult to crack the market on your own. As such buying with other people, who are not your spouse, is becoming attractive. Continue reading “4 reasons why investing with others is a risky strategy”

Forecast 2017: What’s next for Australia’s property markets?

While 2016 has recorded some of the largest numbers of celebrity deaths in the recent history, the past year has been generally a good one for Australian property owners particularly those in Sydney and Melbourne. Continue reading “Forecast 2017: What’s next for Australia’s property markets?”

What’s really driving Australia’s property markets? Hint: It’s not what you think

Supply and demand aren’t the only things driving Australia’s real estate markets. There’s a more powerful, subtle force at play according to an expert.

We’ve been told that property markets move based on the fundamental law of supply and demand.

If there’s any imbalance in the demand and supply dynamics, you get price growth or fall.

If you have more supply coming into the market compared to willing buyers, prices are likely to drop.

The opposite is true when you have more buyers than available housing, then prices are likely to rise.

But apparently, there’s another factor or market player that’s even more powerful than this basic supply and demand dynamics. Continue reading “What’s really driving Australia’s property markets? Hint: It’s not what you think”

Underrated cosmetic renos you might be ignoring when selling your property

If you’re looking to sell your property this summer, you may want to consider these easy, simple tricks to maximise your selling price.

When is the best time to sell your property? Is it during winter when there is lesser competition or at springtime when market activity is at its peak? Continue reading “Underrated cosmetic renos you might be ignoring when selling your property”

Beginner investor strategy: 3 ways to fail-proof your property investment

While building a property portfolio is exciting, it can also be a little scary.  But as Marissa Schulze explains, you can overcome these initial fears and reduce your risks if you have the right strategy at the outset

Starting out something as massive such as property investing can be frightening and overwhelming without the right strategy. Continue reading “Beginner investor strategy: 3 ways to fail-proof your property investment”

New strata rules give NSW unit owners more power to add value or even sell their unit block

If you own a unit in NSW, you can now do minor and cosmetic renovations without or with minimal approval process after the new strata laws came into effect on 30 November 2016. Continue reading “New strata rules give NSW unit owners more power to add value or even sell their unit block”

Who should sell your property? Top tips for choosing the right real estate agent

Getting top price for your property when you sell starts with picking the right agent to help you. Property professor and author Peter Koulizos reveals his top tips for choosing the best person for the job.

As the saying goes, some things are worth paying for. And unless you have extensive experience in the area of selling property, enlisting the services of a real estate agent is one of them. Continue reading “Who should sell your property? Top tips for choosing the right real estate agent”