I was recently asked to distil my property investment philosophy into a few simple rules. Now that's a big ask… Distil all the mistakes I've made and seen others make, as well as all the lessons I've learned and those of the many successes investors I’ve worked...
When the Reserve Bank decreases the cash rate, it usually signals falls in borrowing costs across the economy and can be good news for mortgage holders. Movements in interest rates often act as a prompt to mortgage holders to review their borrowing arrangements. In fact, a...
Rising property prices have led many people to look for ways to unlock the increased equity in their homes so they enjoy a comfortable lifestyle in their golden years. For most of us, our homes represent the biggest or most significant portion of our wealth. But...
Use equity from your property Equity is the difference between the bank’s valuation of your house and the amount you owe on the loan. It can build up over time because either your home value has risen or you’ve reduced your loan balance. You may be able...
Wondering how to up the value of your property? Properties are worth a lot of money in general, but there’s always a way to maximise value. The good news is that most of the things you can do to increase the value of your properties...
Why invest in property? What makes this such a popular option? You can earn rental income plus benefit from capital growth. What’s different for investors vs. homeowners? Stamp duty If you’re an investor you’ll also pay stamp duty, which varies, depending on your state. This is based on your...
When it comes to property investment in Australia, there’s no shortage of information available about how budding investors can ensure success. And while learning how to invest in property is vital for all newcomers, understanding the pitfalls to avoid should also be a priority from day...
Buying a home is one of the biggest financial decisions you will make. Once the inspections are complete and you’re ready to proceed to purchase, it’s recommended to contact your broker or lender. The next step depends on whether the property is being sold at...
The difference between repairs and improvements can be confusing for property investors. I mean… what is a repair? When does a repair become an improvement? And how do you know what’s tax-deductible and what isn’t? Fortunately, the Australian Tax Office sheds some light on these questions. What is a...
When buying a home, you know you will need a deposit but there are other costs you should consider. The costs listed in this article can vary depending on many factors. It is important you do your own research into each cost to get an...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.