G'day! John is wondering about his property in Chermside, an area set to boom. His rent is down, he reckons because of a huge influx of new property in the area. Having a good rental return on your property is a nice feeling, and definitely helps you out, but is it a marker for the success of your…
Today’s question is from Steve, and it’s a question I get asked all the time! He doesn’t have a job at the moment, but has lots of equity and a steady income from his properties. Unfortunately he can’t get a loan without proving his income, so what can we do if we want to keep expanding our property…
G'day! In today’s episode I answer Keith’s question about his two properties he’s had valued by an agent, they have both come back lower than he expected. It’s very important to be careful when you’re getting a valuation, especially from an agent. An agent’s job is to sell houses, and it’s much…
In today’s episode I’ll answer a very important question from Rob about interest rates. He’s been hearing it’s time to get a fixed rate. Are interest rates going to come down further or go up? You all know what I think about banks, so if they’re saying to lock in your interest rate, then I say it’s…
G'day! In today’s episode I answer Martin’s question about his two properties in QLD. One is in Manly, and the other is at Beaconsfield. Manly is in a great location where it is seeing good growth because of being close to Brisbane City. His problem is with Beaconsfield and its location. Its value…
G'day! Lyn has a property in Muswellbrook NSW, but it isn't performing as well as she might be hoping, and the rent is down almost 50%. Listen to this episode to hear my thoughts not only on what to do if things aren't going well, but where the right spot to invest might be. One important thing to…
G'day! How do I get more income? Well it may sound too simple but short answer is to be employed. You could even have two jobs, whatever suits your situation. This week I advise Suzanne to reinvent herself. What is a job that you would love to do? Do you need new skills? Ultimately the goal is…
G'day! Canberra is beautiful, but is it the right place to invest in property? Having a population push to drive growth in an area is extremely important for capital growth. Canberra's population is largely made up of temporary residents or fly-in fly-out workers which is driven by varying…
G'day! I often recieve questions from people who feel they've left it too late to get started in property investing. Starting out is scary at the best of times, but even more so in your 50s or 60s when you realise time is limited. Being around the right people can make it so much easier, especially…
G'day! I've been busted by Allan this week. He cleverly observed that I've sold some property recently, but still encourage people using my approach to "Never never sell". Have I lost my mind? I don't think so. I'll explain it all in the video, how APRA and the Reserve Bank don't let the banks loan…