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
I’ve said it before: it’s always been difficult to buy your first property. No matter whether it was the 1960s, 1990s or now, scrimping and saving for that deposit takes discipline and dedication. Now I admit that with property prices in Sydney skyrocketing, saving the necessary funds to buy a property has become harder still.
We’ve all seen those listings that promise that a property will be sold on auction day or before, haven’t we? The question is: will it really be sold before auction? There are many tools in a selling agent’s kit-bag and one of the most successful is to create competition for a property. More competition means
CoreLogic’s July housing market review a slowdown in the pace of capital gains seen over the most recent three months of data Potentially we may see investment demand deflect to other markets where rental yields are higher and capital gains are earlier in the growth cycle. As the market develops so quickly, it is recommended to
CoreLogic’s June housing market review reveals an overall negative index. It should be noted that May has historically been a seasonally weak month of the year. However, the housing market remains as diverse as ever. These are very brief conclusions based on one month’s worth of data, so it’s important to scrutinise the flow of data
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
I know that many property investors are a little intimidated by the thought of bidding at a property auction. I can understand why – auctions are an emotional and exciting event. Even after bidding at hundreds and hundreds of auctions I must admit I still get that surge of adrenaline every time I bid. Then
Just because you’ve taken the leap from homeowner to property investor, doesn’t mean your financial fortune is assured. In fact, it doesn’t even mean that you will start making a profit in the short term, or that you are on your way to owning a sizeable portfolio. The reality is around 20% of those who