G’day! This week I’m answering a question from Darren in QLD. Darren is wondering if he should buy his second property through The Property Club now, or should he hold off purchasing based on speculations that the banks may reduce the minimum deposit for investors. My advice to Darren is that he…
G’day! Do you own your own home? In this episode Kevin answers Gaynor’s question to figure out whether he should buy a new permanent place of residence and rent out his current home. Kevin warns about the tax that you have to pay as a homeowner. As Kevin says - tenants live where they want to live…
G’day! In episode 81 of Ask Kevin Young I give you a guided tour of our Property Club Head Office as well as showing you a little bit of our Property Club Charity – Club Cares. In episode 82 of Ask Kevin Young I answer an important question from Paul in SA. As a result of purchasing two brand new…
G’day! In episode 83 of Ask Kevin Young I answer a question from Arif in QLD. Arif wanted to know as to what she should do about her rental property in Cessnock as her rental income has gone down from $450 per week in 2011 to $350 per week. After reviewing your property profile I think you have done…
This was in the media earlier this week – an offer for as little as $100 for a share in a residential property. The only winner here is the promoter who is going to take 2.75% of each and every $100. Those who put the $100 in will find it very difficult to get any money out. The property would…
G’day! In episode 81 of Ask Kevin Young I give you a guided tour of our Property Club Head Office as well as showing you a little bit of our Property Club Charity – Club Cares. Here at Property Club we take pride in forming long term relationships with both buyers and sellers. We have a team…
G'day! In episode 80 of Ask Kevin Young I give the answers to an important question regarding ASIC and APRA’s new regulations. How will they affect renewing an interest only loan after a fixed term? We should ignore the bureaucracy of what APRA is doing as it will soon correct itself. Right now we…
G'day! This week Kevin shares the story of Property Club members who were victims of a property scam with their former company. They had invested all of their retirement fund into the property investment, but found out that the company responsible had gone broke and believed that they were left with…
When the northern hemisphere financial crisis hit, Obama moved to prop up the mortgage originators called Fannie Mae and Freddie Mac by some $251 billion as some mortgage holders left their properties and posted the keys back. By keeping both these institutions alive with these funds the economy was…
G'day! In episode 78 of Ask Kevin Young Kerry is worried about rising interest rates. Let me guide you through how these rates affect property and why there is nothing to worry about currently. I think interest rates going up is a good thing. It won’t crash the market it will simply just push prices…