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Going From Zero to Hero – Featuring Esme Chin
Esme Chin’s journey as a property investor is one that embodies courage to rise above her personal struggles. Having to deal with the loss of her business and the end of her 20-year old marriage, Esme also overcame depression to start her life afresh and make a...
Understanding Property Titles
A property title is a legal document that indicates the owner’s right to possession or ownership of the property. Whether you are new to property investing or an experienced investor, it never hurts to gain more tips on investments you are making and likewise, know...
How to be savvy with your Credit Cards
Did you know that Australians owe about $32 billion in credit card debt? Divide this to each credit card holder in Australia and that amount comes to about $4300 per person. These tiny plastic cards that enable payment for goods and services, have made them one of the...
How to be a smart investor – Tips for new property investors
Buying property continues to be one of the most popular options for investment. Turning this dream of owning real estate into reality however, is a process that requires good thinking and careful planning mainly because of the large amount of money involved. While the...
People missing out on capital gains
This is a terrible story, people who have taken the risk of buying off the plan for the SkyPoint Towers in John Street, Lidcombe, were told last week their apartments are to be reconfigured. Purchasers were told that the 64 apartments in the original eight-storey...
Stats on Regional Investment
Why invest in the regions? Here are some numbers that show what’s achievable. Whyalla SA, median house price $285,000, 1yr growth 12%, typical rental yields 6.7%. Dubbo NSW, median price $310,000, 1yr growth 11%, typical yields 5.8%. Woree ...(Cairns) QLD, median...
Difference between repairs, maintenance and improvements
It’s a common question among new property investors: “What’s the difference between repairs, maintenance and improvements?” This is important stuff to know if you’re going to invest in property because it affects your tax deductibility and hence your cash flow. Many...
Tax Time Tip’s
We look at some of the key taxation issues that investors may wish to address over the next few weeks. Prepay interest on investment loans Some lenders allow borrowers to prepay interest on investment loans. Where this is the case, the prepayment of interest may...
Australian Property Monitors Market Data
April was a slower selling month in the majority of capital cities, according to the latest Australian Property Monitors days on market data. There was a slight quickening of pace in Canberra. Sydney vendors still took 52 days, but the pace of sales eased in...