With buyer competition still running high despite the slowing market, make sure you avoid the temptation of skipping this important property market research step if you want to succeed as an investor. John Lindeman, researcher and educator with 7 steps 2 Success property market education program explains. Continue reading “The crucial property market research you can’t afford to skip”
How do you navigate the tighter lending conditions Post-APRA crackdown? These simple yet powerful tips from Australia’s leading finance experts might help. Continue reading “13 surprisingly simple yet powerful strategies to deal with the APRA crackdown”
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”
Succeeding as a property investor begins well before you buy your first property.
There is some prep work you need to do to ensure that your first foray will set you up strongly so you can continue to grow your portfolio. Continue reading “13 ways to start powerfully as a beginner property investor”
The consistently weak data makes for scary reading for investors in Perth. Some experts say now is a good time to start looking for opportunities before the market starts to turn, but is it too soon to get back in?
With Perth property prices at rock bottom and vendors desperate to sell, should you buy there now?
It’s a no-brainer that the best time to buy an asset is when it’s cheap and unloved. That’s usually when the asset provides its best opportunity.
This window usually occurs at the bottom of the market when despondency and mass depression rule the day.
Often times, it only takes a bit of positive news to lift sentiment and the market grows again.
Based on this logic, does it mean that Perth is the place you should be looking if you want to maximise your investment return? Continue reading “Perth: Buying opportunity or money down the drain?”
Capital gains tax may be unavoidable if you’re selling a property that has grown massively in value. But there are ways to reduce your tax bill legally.
Capital gains tax (CGT) is easy to ignore as an investor because you only have to deal with it when you sell, transfer or dispose of your property.
However, the amount of CGT you pay, if any, directly affects the return on investment of an investment property.
If you’re thinking of investing in property but still making these excuses, you’re doomed to fail
Yes, I’m talking to you. If you’re still sitting on the sidelines, wishing, wanting and waiting to get into the property market, you’ll never succeed as an investor.
Despite the recent crackdown in the mortgage broking industry, some shady brokers are still operating in this space. Here’s what to watch out for
Despite the recent crackdown in the mortgage broking industry, there are still a number of dodgy operators in the mortgage broking space, waiting for their unsuspecting victims.
While the majority of Australian mortgage brokers are honest and genuinely care about their clients, many Australians still fall prey to these shonky characters.
So it’s important to know how to spot a questionable tactic to avoid losing thousands of dollars and risking your financial future.
Here are the signs to watch out for: Continue reading “4 signs you’re dealing with a shonky mortgage broker”
The large decline in Darwin’s property prices looks set to continue, but there are reasons to be optimistic about the property market’s medium to long term prospects.
State of the Darwin property market
Just like Western Australia, the Northern Territory’s property markets continue to rack up large losses. While the near-term prospect remains grim, the long-term outlook is brighter for investors.
Continue reading “Australian Property Market 2016 Mid-Year Forecast: Darwin”
Canberra’s property market looks set to continue growing thanks to lower interest rates and rising confidence. While most experts are upbeat about the capital city’s growth prospects, they warn about the negative impact of the current apartment oversupply
State of the Canberran property market
Canberra’s property market managed to rack up modest gains during the July quarter. While experts are forecasting a strong showing over the near to medium term, they remain wary about the apartment oversupply situation.