https://www.youtube.com/watch?v=tDur6nIiRn0 Hi everyone, Leonie here at Wealthology and today I wanted to talk to you about the benefits of having an annual financial health check. You will find often that throughout the year your financial situation may change, interest rates may go up, you may have received an increase in your salary, which is always exciting, you may have taken out another credit card, or perhaps taken on a car [...]
Building a property portfolio can be similar to running a small business and it is no easy feat sometimes. By doing so, you demonstrate you are wanting to create better financial security for yourself, reduce your risk, have determination, and that you also have a keen business sense. We asked Wealthology’s most savvy investors to share their top 5 dirty little secrets so you too can avoid the common mistakes which [...]
There have been lots of changes in the financial industry of late including interest rate drops and changes to loan serviceability. These are all positive things for property investors. Interest Rate Drop In its latest meeting, the Reserve Bank dropped interest rates to a record low by cutting the cash rate by 0.25%, bringing it to a record low 1%. Following last month’s cut, we saw an action-packed few weeks in which 44 [...]
Water Charging Legislation for Queensland tenancies – Frequently Asked Questions How water charging works in Queensland rental properties is a question we often get asked by clients and prospective clients at Beyond Property Management, so I hope this information is useful and provides a handy point of reference for you. Who pays for water in a Queensland rental property? The following is a very handy checklist that can also be [...]
What is a Valuation? When you are looking to purchase an investment property and apply for a home loan your lender will send out an independent valuer to judge the value of the property you wish to buy. If you require equity from your home (or your investment portfolio) as most people do to purchase an investment property a valuation will also be conducted on this property to determine its [...]
30 years ago, a 10-week school term felt like an eternity. Flash forward to today and a school term feels like a few short weeks and a financial year can fly by in what feels like just a couple of months. And here we are again, coming quickly to the end of yet another financial year, in just two months time! Before those two months turn into two days, lets [...]
According to the latest brain research, our ability to manage our thoughts, emotions and behaviours is a learned ability that anyone can master. Our success in no longer determined by our current results, circumstance or even genetics which means we have the ability to shape our results by learning how to retrain our own brains deliberately. Powerful stuff! Mind Mapping There are two hemispheres to the brain: the left brain [...]
Jesse Mason, Conveyancing Manager at Rouse Lawyers shares his 5 essential tips to ensure a smooth transaction when purchasing a property for investment. "Second only to purchasing your own home, buying an investment property may be one of the most significant financial decisions you will ever make." Once you’ve taken the leap and decided on an investment property, here are 5 things you can do to make sure the purchase [...]
Building wealth can be challenging for some, particularly if you don’t have the right tools. Putting time in to your own development to grow will allow you to achieve higher levels of success. If you do these 3 things you will experience a level of growth you’ve never experience before. THE 3 PILLARS OF WEALTH SUCCESS ⇛ MINDSET The greatest asset you will develop is your mindset but what is [...]
Property investment can make you wealthy beyond your wildest dreams. It’s a great way to end wage slavery and build a future without money worries and here’s why. Control and leverage are the property investor’s friend. They allow you to investment more money than you have or could normally borrow by investing only a small sum of your own money. There are no other investment classes which offer the investor [...]
