We're very excited about an initiative that the NSW Government has implemented to safeguard people buying apartments off the plan. It's called the Strata Building Bond & Inspections Scheme (SBBIS). Put simply, it is a scheme implemented by the NSW Building Commission to protect homeowners from defects in new strata buildings over four storeys high.
5 Traits of Successful Property Investors 1 A Clear Plan Your investing goals, budget, cashflow requirements, timeframe, investment strategy, risk profile and exit plan are all components to be explored so that a clear plan can be created. The important thing here is that it must be your
Well the year is wrapping up and I'm absolutely delighted to have helped clients successfully settle on terrific properties, build their property portfolio and acheive their investing goals. It's quite a journey we go on together to make sure that we have your brief right and then match the property to your investing strategy. Thank
The last couple of years have been a real "wait and see" period for the property market. We've come out the other end of an unprecedented global event with Covid and then it seemed that interest rates woke up and took off at a sprint and now we're heading into a settling period where prices
Whether you're just starting on your property investing journey or you're an experienced investor, it's really important to consider how much the property is going to cost you. Not just the initial purchase price, but the monthly cost for the period that you intend to own it for. Are you hoping that the rent will
When interest rates are high and there is some uncertainty in the economy, it's important to not be paralysed into inaction if you want to invest in property. If you're waiting for the perfect conditions for investing, you may be waiting forever - unless you have a crystal ball. The key is to gather information
There has always been a friendly banter between the residents of Sydney and Melbourne as to which is the best city to live in. Whilst Sydney sits arrogantly (and justly) on its beauty, not even bothering to enter the argument, Melbourne continually wins the accolades. And now, Melbourne has beaten Sydney in the population numbers
When you're risk averse and want to invest in property, you want to make sure you thoroughly research both the property and the location before you sign the dotted line. We totally get this! Investing is a big step to take and you want to be as sure as you possibly can be that you're
One of the really important things about long term property investing is to take a long term view of the market rather than jumping on the bandwagon of what's hot. Over the past couple of years we have seen a substantial shift towards regional investing and a massive increase in property values in "lifestyle locations".
We hope the year has started well for you and that you have exciting things planned for 2023! It's looking to be another good year for property investors despite the uncertainty in the marketplace. Interest rates have probably got another couple of points increase left to go and property values are holding their own in
As investors, or potential investors, it's imperative that we stay informed about changing conditions that are likely to impact us. One of those changes right now is the changing interest rate and the effect that this has on our borrowing capacity as well as repayments. Lenders have a responsibility to ensure that the money they
Every day I talk to people who want to invest in property, as well as developers, builders and real estate agents. One thing that really struck me the other day was the optimism amongst them all. But not only the optimism, but the action that is following the optimism. People are buying investment properties right
I received an email from a very happy client last week and would love to share her investing story with you. In 2019 Maria came to me with her desire to buy an investment property. She was time poor so needed help with researching locations and then filtering through the options. We started by looking
For most of us, property investing is a long term proposition. Some people buy, renovate and flip houses or buy homes as stepping stones to their dream home. But the long term strategy is where most of us sit and, in my opinion, it's the safest and surest way to build wealth. Part of this
As part of the "checks and balances" that we do when seeking out good investment opportunities, we look closely at the demographics of the area we're researching. Demographics tell us who lives in the area - average age and income, whether there is a majority of young singles, families or empty nesters, whether it's more
