What makes some properties more valuable than others?
I’ve been in the property investing game for a long while now. Over that time, I’ve tried to educate property investors about which properties make the best investments. As you may know my strategy – and the strategy that we use for our clients at Metropole – is about only buying investment grade properties. These are
- Published in Latest posts, Property Investment
The 10 Property Commandments You Should Know
Australian Tax Office (ATO) data shows that only 9% per cent of investors own three or more properties. So, if property was such a good investment, why do many stop at one? Unfortunately, most people simply buy the wrong property, buy emotively, sell quickly and never buy again, or stubbornly hold onto it hoping things
- Published in Latest posts, Property Investment
3.6 million Australians stuck renting for life
One in five Aussies believe will never be able to afford their own home and will be stuck renting for life. Clearly housing affordability remains a high hurdle for many Australian household as research released by finder.com.au found that 3.6 million renters believe they may be renting for the rest of their life”. The survey
- Published in Latest posts, Property Investment
Over-rated work habits you need to ditch now
We only have so many hours in the day so why do some people spend it on tasks that won’t enhance their happiness or lead to success? Baffling, isn’t it? Lots of people work hard. They burn the midnight oil, put in long hours on group projects, or evenings catching up on email. They’ll often
- Published in Latest posts
What you need to know before renting out your home
Thinking of converting your home to an investment property one day? You’re not alone… In my many decades as a tax specialist, I’ve been asked almost every question but some are more common than others. And one of these is: “My spouse and I are thinking of upgrading our home but want to keep our
- Published in Latest posts, Property Investment
Population density a threat to social and cultural appeal
As property prices in Melbourne and Sydney continue to soar, the once traditional dream of owning your own home with a garden for the kids and within a reasonable commute to work is fast becoming a thing of the past. You don’t have to go far in any part of Sydney to see cranes on
- Published in Latest posts
Believe it or not, half of all Aussies can’t be bothered renovating
Are you interested in renovating properties? I know I am, as are many of our clients at Metropole who see it as a great way of adding value and manufacturing capital growth at a time when our markets are flat. Yet despite Australia’s love affair with TV renovation shows, apparently many Australians just can’t be
- Published in Latest posts, Property Renovation
How to turn your weaknesses into strengths
Many people think that in order to be successful they need to be perfect — perfect at business, perfect at the gym, and perfect when socialising with friends. I’m here to tell you that’s not the case, and there’s no need to place that much pressure on yourself. As I’ve written before, determination and persistence are
- Published in Investment Psychology, Latest posts
The honest truth about where property prices are headed
It’s common knowledge that the value of property grows overtime. It doesn’t grow consistently or uniformly, but overall, property prices generally increase. But how are investors to act in the current market, if they wish to grow their wealth in the safest possible way? Today I’d like to look back at property prices to help
- Published in Latest posts
4 ways to start over again
Sometimes life doesn’t work out the way we would like it to. Despite our best efforts or best intentions, we find ourselves in strife. Many Australians know what I’m talking about. While we have it pretty good in this country, we’re also a nation up to its eyeballs in debt. If this debt gets out
- Published in Latest posts