Your end-of-mortgage checklist Reassess your home insurance. Review your title. Review your estate plan and will. Assess your personal insurance situation. Think about your next financial steps. Three key priorities There are three key practical steps to take well in advance of paying off your mortgage. 1. Check the insurance Your home is likely to...
Buying a property is not an investment strategy. Building a property investment portfolio involves much more than picking the property type and your price bracket. You need a goal in mind and a plan for achieving it. And not only that… it’s essential! After all, planning is bringing your future...
Which records to keep for your property so you can work out CGT when you sell it. Property records you should keep For your property, you should keep records of: your acquisition of the property and related expenses, such as purchase contract stamp duty legal fees settlement statement survey and valuation fees your disposal...
Whether you’re selling, looking to buy or simply wanting to refinance, you need to know the value of the property in question. The tricky thing is there can be a distinct difference in values depending on who assesses the property – whether it’s the bank, council,...
Understanding cash flow Understanding cash flow can be the difference between a solid long-term investment and a costly mistake, writes Michael Sloan. So do your research – and get good advice before you buy. What is negative cash flow? Oftentimes investment properties generate negative cash flow. That means,...
Investing in real estate has long been a favoured approach for Australians looking to grow their wealth. However, not all property investments are created equal, and identifying high-growth potentials is key to maximising returns. Here’s what to look for when searching for a real estate investment with...
Home equity, the value of your property minus any debts owed, is a powerful financial resource many homeowners in Australia can utilize to further their financial goals. Whether you're looking to invest in the market or undertake significant home renovations, understanding how to use this...
Any type of investment property (whether it’s commercial or residential) can be a good opportunity to grow your wealth. While commercial properties are perceived to offer bigger financial rewards compared with residential properties, you should also be aware of the higher risk that comes with it. Let’s take...
Property investment mistakes can be your downfall as a beginner investor. Learn about the common pitfalls of real estate investing and how you can avoid them. It’s no secret that property is one of the most popular choices among beginner investors. The familiarity and the tangible nature of this...
Have you considered getting involved in property investment even though you're still relatively young? Want to avoid the minefield that causes around 50% of those who get started in property investment to sell up? Here are 8 of the common mistakes I see them make: 1. Lack of...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.