Being good with money is a skill you can learn. Some people complain they aren’t very good with finances — they argue they don’t have a head for numbers — but I believe everyone can become wealthy if they know how. Part of it comes down to smart investments, sure, but the other, equally important part, […]
Read MoreWe are being attacked by a silent enemy that understands the same principles that strategic property investors use – the power of compounding and leverage. As investors we realise that capital growth, leverage and time are our friends as our assets grow exponentially – compounding and leverage gives us growth on our growth. Unfortunately it’s […]
Read MoreThe banks are increasingly taking their foot off the brake on home lending, particularly for ‘riskier’ loans, according to APRA’s recently released quarterly banking figures. The banking regulator’s data shows new residential home loans to borrowers with a high debt-to-income ratio increased by 22.3 per cent between the September and December 2019 quarters. Low deposit […]
Read MoreEvery year at tax time I wonder whether property investors are the only people in Australia who look forward to submitting their tax return! That’s because property investment not only provides us with the ability to create long-term wealth through the purchase of income-producing assets, but our tax system allows us to claim legitimate expenses […]
Read MoreOne of the major reasons why we fail to find happiness or to create unique lifestyle is because we have not yet mastered the art of being. While we are home our thoughts are still absorbed with solving the challenges we face at the office. And when we are at the office we find ourselves worrying […]
Read MoreWhy invest in property? There are lots of ways to make money and some people would argue that real estate investing isn’t really that easy. They complain that it takes time to develop the knowledge to understand the property market. It can take months to research areas and find the right investment property. Then when […]
Read MoreThe number of first home buyers in Australia is growing, partly due to the slower market conditions in Sydney and Melbourne and less competition from investors. In fact, according to the Australian Bureau of Statistics, the number of first home buyer commitments as a percentage of total owner-occupied housing finance commitments rose to 17.6 per […]
Read MoreWhat is standing between you and property investing success? It could be YOU! Maybe you’re too biased to be a successful property investor? What do I mean by that? Well…did you know that as property investors we can sometimes be our own worst enemy? 1) Anchoring Bias The first piece of information you see or […]
Read MoreAlarm bells are ringing for those who bought an off the plan apartment a few years ago. Investment bank UBS warned that three in 10 new apartments sold off the plan in Sydney are now settling with a lower valuation than the original contract sale price. And it’s much the same in Melbourne. This comes […]
Read MoreOver the years I have learned how important daily habits are for long-term success and wealth creation. Daily HabitsThese habits and routines are like a ballast. They hold you steady when stress threatens to de-rail you, and they give you the psychological tools you need to perform at your peak. I’ve had a good think […]
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