Do you think you've found the perfect property? What if there are hidden issues lurking beneath the surface that could cost you more than you bargained for? When diving into the world of property investment, many first-timers focus on finding a great deal, but fail to realise one crucial step: building inspections. Whether it’s a brand-new home or an established property, skipping this step can result in costly mistakes. In [...]
Ah, the memory of the mortgage cliff, etched in newspaper headlines and vividly broadcasted on our screens. Who could forget?It was that moment when the media painted a picture of impending doom - when mortgage holders transitioning from fixed rates in the 2's% to variable rates in the 5's% were said to hit the breaking point.Streets were meant to be lined with "For Sale" signs, bargain properties aplenty, and property prices [...]
https://www.youtube.com/watch?v=Gey6PO1juCs&feature=youtu.be So, the property here, just over my shoulder, is one of my first investment properties. I did a live video a couple of years ago explaining that I always attend my annual inspections with my property manager. Now, there's three reasons why I do that. Reason one. Because I get to make sure that my property manager is doing their job. I pay money for a service, I wanna make [...]
