Brisbane's house prices have hit an all-time high, with the median reaching $792K. This represents one of biggest quarterly price hikes seen since 1996! Our research team have uncovered that last calendar year Brisbane house prices grew by a staggering 25.7% or $162,181. To save you the math’s, that equates to $444 per day. On the back of these numbers, it is no wonder many are predicting Brisbane property prices [...]
I will be forever grateful to my Dad for introducing me to the world of property when I was just 18yrs old. I don’t think he quite realised at the time what an extremely powerful opportunity he was presenting which has allowed me to go on and create a much better financial future for myself than he could have imagined at the time. I guess you could say my Dad [...]
https://youtu.be/F4SnaoIg0cw So, understand the simple rules of acquisition. Has anyone seen or read this book? The Richest Man in Babylon. This is a bit of a parable. It tells us how we can create more money, keep our money and grow our money. You might have to move fast for this one. Save 10% at least. Control spending. Necessary expenses will always grow to your income, right? Who's [...]
The year was 1993, I was 18 years old and Dad helped me purchase an investment property with some friends after I’d received an insurance payout from a car accident I was involved in when I was just 11. A few years later, I began a 10 year stint in London and Mum’s worst nightmare come true. I fell in love with an Englishman! After purchasing an old house we [...]
According to RP Data and the Census Data from 2011 only 7.9% of Australians own an investment property, even though property is a national past-time. And only 0.068% own six or more investment properties. A lot of people are overwhelmed by the process and quit before they even begin but it doesn’t have to be hard. The reality is that investing in property is relatively straightforward when you work with [...]
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 [...]
Millennials are those born in the 1980s and up to the mid-1990s. They found themselves hitting the job market as a major financial crisis hit the world and major changes were being made to the world of work; changes over which they had very little control but which affected their generation most of all. While many paint this generation with doom and gloom because of this – I think they’re [...]
As a property investor, you're probably constantly looking for ways to improve your knowledge and stay ahead of the game. One of the most effective ways to do this is by reading books. In fact, reading is one of the most important habits that any successful property investor can adopt. Here are a few reasons why: Gain New Perspectives and Ideas Reading books can help you gain new perspectives and [...]
