Prior to having kids I was a keen traveller and one time when I was on a trip to Vietnam I ‘happened’ to sit next to a very interesting man, on a bus. His name was Kevin and was a very successful property investor. At the time he was the UKs largest independent property investor who in his 15 years of investing had acquired over 800 properties with $5m profit [...]
There has been a lot of hype and talk over the movie recently titled “The Big Short” which is based around a few guys “shorting” mortgage-backed securities based in the USA. The movie has caused quite a stir with a lot of viewers wondering whether the same thing could happen here in Australia. So I thought I would cover off why this will NOT happen here in Australia and here [...]
Halloween often involves telling scary stories, kids dressed up in home-made outfits running up and down the street trick or treating and of course the unusual tradition of carving up pumpkins. I was reminded recently of a scary story a client (John) told me about his Mum and Dad who divorced when he was about 27 years old. Mum used her share of the settlement and brought a little three bedroom house [...]
So, you’re thinking about investing in property to create wealth for yourself but you’re not entirely sure how the money side of things works? That’s OK. It might seem a touch confusing but really financing on a mortgage basis is quite straightforward. Let’s take a quick look at what you really need to know: You Need A Deposit A deposit is a percentage of the purchase price that you will [...]
I’ve recently had the good fortune to sit down with Peter Mastroianni of Rentvesting to talk about property investment. Peter encourages a brand new model of home ownership on his website and he wants to share his tips on successful investing with our readers. Peter’s heroes in life are people that we can all look up to. He is a fan of Elon Musk’s innovative and creative approach to the [...]
Investing can be quite scary when you look at it from afar but when you peek a little closer, it all starts to make sense and once it makes sense, it’s exciting not scary. Let’s take a quick look at three key principles of investing for your future wealth: Risk Management There is no such thing as a risk free investment. In the same way that there’s no such thing [...]
https://youtu.be/TkX5ZZmf0Vk So I'm standing here directly opposite one of my investment properties and you'll see these beautiful park lands areas behind me. Now this is one of the things that I look for when searching for properties for my investment clients is recreational areas. It's one of a top few things that I look for. The other thing I look for is schools, jobs, good transport and shopping facilities. But these [...]
There’s never been a better time to buy a home as an investment to rent out to other people in Brisbane and here’s why: The Market Is Steady Which Means It Hasn’t Peaked There have been plenty of winners in the Brisbane property market already, that’s for sure. The last 5 years have been all upside with decent returns in all classes of property but unlike some of Australia’s other [...]
Property investors often look forward to tax time as the tax deductions associated with holding the property can often result in a great tax refund. But what many property investors may not realise is that you don’t have to wait to the end of the year to benefit from the tax deductions – you can effectively take advantage of the tax deductions available to you and receive your tax refund [...]
I’m always surprised when people are surprised at how their lives have turned out. Those that don’t plan for their future almost always seem to be surprised, like they were expecting something different… Rules are meant to be followed. Your own rules, that is. Not everyone else’s. Decide for yourself what rules you want to create for yourself and then just follow those. The problem with life is that you [...]
