The Question You All Want Answered About Rates I've just finished meeting you all at our workshops in each of the capital cities and this would be the most popular question - "should I fix?" Personally I say NO! Firstly as above, the banks are sitting on fatter margins and can afford a better rate…
G'day! Terry is wondering about how big of an impact the recent election could have on Australia’s property market. It’s a great question, and I’m pretty excited for the future. In terms of government and legislation the last few years have been some of the least stable in recent history. But I…
Who Creates More Millionaires? Kevin Young’s story is not your typical ‘rags to riches’ tale, although he does admit that growing up poor was a powerful motivator for his success. Experiencing success at an early age did not prevent Kevin from making mistakes, however, and with a property investment…
G'day! Liz’s property in Hervey bay has been eating through her cash needing renovation and maintenance. First off, Hervey Bay is a beautiful spot, maybe somewhere to retire. But as you know, I would advise to keep investing closer to city centers for maximum capital growth. I’ll go on to talk about…
G'day! The best laid plans of mice and men often go awry. Or at least that’s the case for Judith. She’s got five properties, and has completed a FIDO looking to the future and her retirement. A big roadblock has come up though, in the form of being unable to obtain any more finance. Getting a loan…
G'day! Chris wants to know my latest thoughts on retirement. The idea and structure of retirement over the years has changed, just like my opinion. Years and years ago I thought that people would retire at 60. For this to happen I believed they would need to have a property portfolio set up to take…
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…
The papers regularly tell horrific stories of people who have lost hundreds of thousands of dollars on investments that could have been avoided with correct advice. A young couple were awarded investors of the year by a reputable property magazine, but it turned out later that they had invested in a…