As a successful property investor and as someone who has done their time in the trenches of the market, people expect me to side with the “Harden-up Kids” brigade – with the people who think that the only thing young people need to help them buy a house is a teaspoon of concrete and a […]
Negatively gearing the family home?
In America you can negatively gear the family home… Could it happen here? I don’t know if it was a bit of a media beat-up (I think it probably was), but there was a bit of speculation last week that the government might allow people to claim tax deductions on the cost of the mortgage […]
[PODCAST] Urgent Trust Update – Immediate Action Required
URGENT: Expect a MASSIVE tax bill unless you make these changes right now. This is a really important podcast if you are an active property investor. Changes in state tax laws mean that you could be in the firing line. Because of the recent trend of foreign investors buying property in Australia in the last […]
Time to lock in rates… Really?
Has the rate cycle really bottomed? I’m not convinced. There’s been a curious clamour of analysts and economists saying that now is a good time to lock in rates. They reckon rates have bottomed and the only way is up: There’s Shane Oliver at AMP: “It’s likely we have seen the bottom of the interest […]
Why low interest rates are bad news for mortgages
Why do mortgages hurt more than they used to? The property game is always changing, and low interest rates are making it harder to pay off a mortgage (yep, read that right.) Low interest rates are a good thing, right? Money is cheap, mortgage repayments are lower. It’s good for investors, it’s good for owner-occupiers. […]
[PODCAST] No Money? Here’s how to do profitable ‘no money down’ deals
Imagine you’re just starting out. No Money, …or a crappy job, …or your self employed without enough history to get a loan… What do you do? In this podcast you’ll discover: 2 ways to get into a ‘no money down’ deal and what you need to know and have in place to get this deal […]
Who is lending to these things?
Tell me it isn’t you. But are you sure..? Are you exposed to the high-rise bubble? Ok, ‘bubble’ is pretty strong language. But it sure is a funny looking market. We’ve got a huge amount of supply coming on line over the next 18 months. It’s not clear that the stock that is coming online […]
Why you don’t feel as rich as they say you are
You didn’t miss the boat because there was no boat. I thought I’d drop a few economic truth-bombs today. More and more people are saying to me, “I know this isn’t a recession Dymphna, but it sure feels like one. Things are tough.” People are finding that their own experiences – struggling to keep up […]
Even Glenn Stevens has to help his kids with property
More and more folks are feeling forced to help their kids get into property, but is there another way? Parenthood is a journey of sacrifice, no doubt about that. But we seem to have set up a system where parents just have to keep on giving until they drop. More and more young home buyers […]
There’s a debt-bomb brewing
Debt seems to be a growing problem. That’s a concern. Time to set your position now. Seems more and more Aussies are struggling with their finances. That’s what the data are telling us. Consumer confidence is soft, and the latest ME Survey of Financial Comfort is pointing to tougher times ahead. It says incomes are […]