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What will happen to the real estate market and house prices now that interest rates have gone up?

Unless you have just arrived from Mars you would be aware that the Reserve Bank of Australia has lifted the official cash rate by .25 base points to 0.35%. This was the first increase in 12 years. All the major banks have passed on this rate rise to their customers in full.  As a result, … Continue reading What will happen to the real estate market and house prices now that interest rates have gone up?

Characteristics of a successful Real Estate Investor

Real Estate investing is not easy. There are many factors that can make or break an investor. However, there are certain characteristic that all successful real estate investors have. Let’s look at a few that makes them champions: 1. Sacrifice This is a heavy word. Sacrifice is usually attributed to pain or suffering, but successful … Continue reading Characteristics of a successful Real Estate Investor

10 Habits of Successful Real Estate Investors

Investing in Real Estate can be a lucrative journey. Joint ventures, wholesaling and property management are just a few ways investors profit and become successful. There are now many options on how to learn real estate investing, one does not become successful from studying alone. Top real estate investors commonly possess certain characteristics which make … Continue reading 10 Habits of Successful Real Estate Investors

5 Traits All Successful Property Investors Share

Anyone can become a successful property investor. Almost anyone can make money as a property investor if they have a clear budget, strategy, purpose, and mindset. With this in mind, the most successful investors definitely have some common qualities. They are committed Success won’t come if you are reading investing magazines and browsing real estate … Continue reading 5 Traits All Successful Property Investors Share

The Role of Buyers Advocate in the Present Melbourne Real Estate Scenario

Before we jump into the very issue to discuss buyer’s advocate and their role, let us first discuss in short, the real estate market and its dynamics that prevail at present. With the lockdowns a phenomenon of the past – finally, average Melburnians are breathing a collective sigh of relief. The proper city of Melbourne … Continue reading The Role of Buyers Advocate in the Present Melbourne Real Estate Scenario

‘Irrational’ borrowers switching to more expensive property loans

According to some brokers, the prospect of rising interest rates are causing many nervous buyers to rush into more expensive fixed loans without them fully considering whether they will end up with higher costs and switching fees. As big banks such as Westpac, ANZ and Citi continue to increase their rates, the rush to lock … Continue reading ‘Irrational’ borrowers switching to more expensive property loans

How to Buy Unlimited Investment Properties Chapter 9

Renting I obtained three rental estimates from local estate agents. But I invited only two of those agents back to lease my property. As a personal preference, I always appoint only two real estate agencies when leasing any of my investment properties.  I believe there is sufficient competition between two agencies to ensure that I … Continue reading How to Buy Unlimited Investment Properties Chapter 9

How to Buy Unlimited Investment Properties Chapter 8

Securing a Loan Armed with my financial report, I decided it was now time to see my bank about refinancing my existing home loan. I wanted to enter into a new mortgage agreement, based upon the independent valuation I had obtained. When I purchased my apartment, the amount of the loan was calculated as a … Continue reading How to Buy Unlimited Investment Properties Chapter 8