The Reserved Bank of Australia is showing optimism as house prices have increased annually by 5.5%. For the month of September alone, home values have increased by 2.5%. The value of dwelling relative to income is also below normal levels – an indication that the Nation is earning enough to purchase property. People are starting…Read More→
The goal of most property investors is to have a portfolio of sufficient size and diversity that they are able to weather any economic downturn and still have enough assets to generate a reasonable income. This goal is achievable as long as investors understand the fundamentals of the real estate market, and they have some equity in…Read More→
There are some life events and circumstances that can derail efforts to achieve financial independence. Some of them are out of our control like natural disasters and accidents, but our society has developed products such as life and health insurance to mitigate the consequences. “Lifestyle” diseases can also be controlled by making better food and…Read More→
To attract quality tenants, owners must be prepared to keep their properties in good condition. Gone are the days when tenants were desperate for a roof over their heads and would accept sub-standard accommodation. Tenants now are often looking for long-term rentals and expect that, in exchange for their rent and care of the various…Read More→
Most young people starting out make sacrifices to become independent. They may work low-paying casual jobs to pay for university or complete an apprenticeship to get qualifications. If they leave home to access these opportunities, they usually forego new clothes and entertainment, and even eat poorly to pay rent and transport costs. Enjoy Success but…Read More→
Investing in “bricks and mortar” has for many years been the pathway to financial independence for thousands of Australians. Our real estate market has performed well overall, and our taxation system provides additional incentives that make owning investment properties attractive. Low Interest Rates Not the Whole Story One of the drivers of the growth in…Read More→
Everyone with a mortgage looks forward to the day when the last payment is made and this financial commitment is no longer necessary. Whether the mortgage is over the family home or an investment property, the euphoric feeling is the same. With it come new possibilities as the money that has been set aside regularly…Read More→
Over the past couple of years there have been several major house fires around the Brisbane area involving complete property destruction and tragic loss of life. Smoke detectors that did not work, fires that started during the night when the family was sleeping and leaving candles burning were some of the causes. There have also…Read More→
There has been much media comment lately about the Australian property market, much of it focused on the high prices being paid, especially in Sydney and Melbourne. This media conversation is bemoaning the likelihood that young Australians will never own their own homes like their parents did, and that they are being priced out of…Read More→
There is a lot of conjecture out there in the market about the ability of young people today being able to afford a mortgage. After reading this you may just believe that the truth Is – it’s all in how you manage your money in the first place. Surprise! Surprise! Nothing has changed about that in hundreds…Read More→
