It takes time to build financial freedom, but if you only have a short timeframe ahead of you to build your nest egg, all is not lost.A number of years ago I was asked by Your Investment Property Magazine to devise a strategy for success...
This blog’s title is a bit deceptive, because every property you buy is important, for either lifestyle or financial reasons. I contemplated using the title: “why the first property you buy is the most important one”. But the reality is, if you have made a mistake on your...
Key takeaways While many property investors know they want their properties to replace their income, I’ve found most don’t actually think about how they’ll actually achieve financial freedom. It doesn’t really matter how many properties you own. Attaining wealth doesn't just happen - it’s the result of a...
If you want to become a successful property investor you really need to understand the five levels of investing which is a model I’ve created to explain the progression most investors take in their path to developing financial freedom. Just to make things clear…this has nothing...
A common property investing rule of thumb is that you should “buy property and never sell”. That’s because prices always trend higher over time which means you benefit from compounding capital growth. Of course, the rule-of-thumb should be adjusted to include “buy quality property and never sell” to ensure you...
Many people can be very focused on repaying their home loan in full before they begin investing. They are so averse to debt that they cannot envisage doing anything else until their home loan is gone. However, often this isn’t the best approach to take. At some point,...
Investment property depreciation is a popular tax break (or tax loophole as some like to call it) legally available to property investors. Anyone who purchases a property for income-producing purposes is entitled to depreciate the building and the items within it against their tax-assessable income. Not only...
Now that Australia’s property markets are moving to the next phase of the cycle, strategic investors are back in the market actively purchasing properties and setting themselves up for financial freedom. After all, when it comes to investing your hard-earned cash, there are many investment options available,...
Parents often ask me how they can help their children into property. Some even contemplate giving one of their existing properties to their children. For those more financially free, giving a property while they are still alive so they can see the joy it creates can be...
If you invest in residential property, how can you be sure that it’s going to work out for you? The media talks about a property boom or even a bubble, whether the government should abolish negative gearing, the RBA’s warning banks to not be too exuberant...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.