Property investment is one of best wealth creation strategies out there. In part becuase it has a long history of solid performance, so is therefore relatively low risk. It’s important to understand, however, that it is not completely without risk. That’s because every investment opportunity has an element of risk. The trick is to manage
Financial success or independence may be a goal for many Australians, but few actually achieve it. Why is that? To start off with, many people don’t understand the financial basics that can help them move them from being a wage-earner for 45 years of their lives to retiring many years earlier – if they choose too.
If you think that property investment expenses end once you buy a property, you’re wrong! Investing in property requires an ongoing input of cash – and sometimes it’s when you least expect it. Don’t get me wrong: investment grade property will also deliver more than enough capital growth to make up for the expenses along
Good networking can really make a career. If you want to be successful, then knowing the right people and getting them to help you when you need it is absolutely vital. But it’s not easy because good networking requires skills and subtlety. Most people know this and so they go about trying to network
Investing in property is inherently a risky game. No matter whether you’re a veteran investor or a rookie, certain risks remain – but they shouldn’t stand in your way of making a lot of money through investing in real estate! To be a successful investor you should have a basic understanding of risk, because it
When I first started investing people had a personal relationship with their bank managers, but things have changed significantly over the last few decades. The fact is when you go into a bank, you are on your own when it comes to your own financial interests. Everyone may be friendly and eager to help when you walk
There’s a lot of fuss at present about how expensive property is. Truth is it’s even more expensive than most buyers think because there are a number of costs associated with buying an investment property that many investors fail to take into consideration. So let’s take a look at eight of the most common costs