Imagine being $200k negative equity and Negative cashflow to the tune of $1200 a week. Can you imagine the stress of that kind of financial burden weighing on you day in day out… It’s got to be crippling right? Combine that with the town home prices going backward 30% in a matter of a couple […]
Property Affordability: BS or Reality? My take on it… [Part 1]
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] The Highest Paying Job For Stay At Home Mums
When I started my property career I was a single mum. I wanted to be there for my kids as that was the most important thing for me. If you are a stay at home mum and you want to be there for your kids, but you also want to earn good money, there are […]
[PODCAST] The $2k Spend That Can Return $50k Or More At Sale
Some houses you walk into and it just feels right. Others feel wrong. Sometimes you don’t even know what it is… it just feels wrong. If a house feels wrong I guarantee you, it’s going to hurt the sale price. It may even mean the difference between selling and not selling. Joining me on the […]
Creating The Best Uplift: Is Old Or New Better?
At some point in your property career you will have to ask yourself this question: New Vs Old… which is better? At some point everyone will encounter this. Do I buy new or old… If I buy new do I buy house and land or buy land and build? If I buy old, where is […]
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. […]
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 […]
[PODCAST] How To Avoid Buying Hazards And Other Money Traps
Stop what you’re doing and make sure you read of all of this. Floods – Asbestos – Easements – Caveats – Covenants – Soil Pollution… No it’s not the 6 horsemen of the apocalypse… but they can be almost as disastrous. I’m talking hazards in buying. Today’s podcast is all about that. http://media.blubrry.com/iloverealestate/dymvideo.s3.amazonaws.com/ilove/20160506_Hazards.mp3 How much […]
‘Houses 30% undervalued’ – RBA …Really?
RBA says houses are 30% under-valued. What do they know that we don’t? Someone asked me what I made of the RBA claims last week that houses are 30% under-valued. That’s the word from the quaintly named Dr Tulip, senior research manager at the RBA. Dr Tulip has a model. That model says that house […]