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
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
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
The cons and pros of investing in the Australian real estate market and your choice for building a real estate investment portfolio. Unlike buying a house to live in, an investment property is usually purchased to make money (usually through rental). Therefore, things that may be important when buying a home (such as proximity to … Continue reading Tips To Investing In Real Estate
There is much excitement when it comes to buying your first home, but it can also be difficult if you are not clear about the entire process. Knowing the process of buying a home and the real estate terminology can be hard, and with property price increases in many parts of the nation, buying a … Continue reading THE COMPLETE GUIDE TO BUYING YOUR FIRST HOME
Hi, I’m Mark Reister from Investing in Properties. Today, I wanted to talk to you about what commission you should be paying your estate agent to sell your property. I know it’s attractive to pick the agent with the lowest commission, or often a set commission level. But, if the agent doesn’t have enough skill … Continue reading What Commission You Should Pay an agent to sell your property?
On Wednesday night (8th September,21) the 7 National News ran a story about real estate prices in the next 12 months for Melbourne. According to a survey of 40 economists and experts by CoreLogic for Finder, Melbourne will have a property price increase of 9%. If you have been thinking about buying a property in … Continue reading Melbourne Property Prices expected to increase by 9%
We have had many people asking us this question and I thought I’d go back to the first book I’ve written: “how to buy unlimited properties” and get this info for you from page 133 to 139. Happy reading After we signed the sale contracts, we needed to pay deposits. A deposit is usually 10 … Continue reading Deposit Bonds
The latest data insights from the Real Estate Institute of Victoria/ Aug. 2021/ Vol. 85 are out and it provides a fascinating account of the real estate market. The number of million- dollar suburbs in Victoria has quadrupled over the past decade, from 44 to 194 suburbs, including seven from regional Victoria. Based on the … Continue reading The million-dollar question
Extract from “How to buy unlimited investment properties” book My next step was to obtain a quantity surveyor’s report. I use a quantity surveyor to find every legally depreciable item in my property, and then provide a schedule of those items showing straight-line depreciation and reducing balance depreciation, and the economic lifespan of each item. … Continue reading What’s a quantity surveyor?
