Purchasing an investment property that already has a tenant means you collect rent from day one, with no vacant period and no lease fees to find a new tenant. The lease just carries on as it did before you purchased the property. There are plenty of upsides...
As the end of financial year fast approaches, here are three main factors to keep in mind. By being prepared, particularly with your admin, having an awareness of what you can claim and considering any capital losses or gains, you will be well positioned to...
In just 15 short years, Airbnb has transformed from a platform helping homeowners earn cash from their spare rooms to a business and property investment strategy. There are between 100,000 and 350,000 short-term rental properties across Australia, with homes making up approximately 85% of those listings...
Why go through the worry (and expense) of moving when you can turn your current place into your dream home? While renovations aren’t always stress-free (or cheap) there are some straightforward ways to finance your property’s facelift, so it suits your post-pandemic lifestyle.The type of...
Nailing your home loan application depends on four factors — your income, expenditure, assets, and debts. But lenders also want to see evidence of a savings and (good) credit history. Here’s what you can do to improve these. 1. Start saving. Make a plan. In 2013, the...
Amortisation period The time taken to repay a debt, including accrued interest, in full through regular repayments. Basis points Refer to a common unit of measure for interest rates and other percentages. One basis point equals 0.01 per cent. For example, 50 basis points equal 0.50 per cent. Break...
Buying your first investment property can be a bold step towards a more prosperous and secure future. But it also poses risks. The Successful Investor’s Michael Sloan outlines five strategies to help you take the right path. My 5 essential investment property tips 1. Equity Most people use...
Are you planning to buy an apartment unit as an investment property? Here are things you should look for before purchasing one. Long considered by many as nothing more than an affordable alternative to houses, investing in units is fast becoming a way for property investors...
In today’s challenging financial climate, saving enough money for a house deposit can seem out of reach for many. While there are various Government grants available, not everyone is eligible, and some are turning towards their parents for help. Let’s look at some of the ways...
Tens of thousands of Aussies will be able to take advantage of the revamped Home Guarantee Scheme. First home buyers, single parents and Aussies in regional areas will all receive more support to enter the housing market under an expansion of the Home Guarantee Scheme announced...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.