Every three months, the National Australia Bank (NAB) releases an update on residential property in Australia. They base their findings on a survey of approximately 300 respondents consisting of real estate agents, property managers, developers, asset and fund managers, valuers and property owners. They released
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Results for week ending February 7 After a six-week hiatus, the real estate market is finally coming out of its annual holiday slumber. Although auctions numbers are down from this time last year, clearance rates are up, showing that buyers are coming to the party,
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Every year, a private consultancy firm in the United States called Demographia publishes its International Housing Affordability Survey. The report ranks the least and most affordable major metropolitan markets in the developed world. It focuses on major cities in Australia, Canada, Hong Kong, Ireland, Japan,
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I recently spoke to an investor who became so frustrated with the inefficiency and lack of professionalism of her property managers, she gave up on all of them and started managing her properties herself. She’s saving money and she’s in control, but at what costs?
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Agent underquoting has been in the media spotlight of late as both Victoria and New South Wales regulators have been cracking down on the practice. Underquoting is the misleading of a prospective buyer regarding the likely sales price of a property. It happens when an
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Global share prices and oil futures have been in a free fall since the latest round of Chinese economic data was released. The weak reports indicate that China’s GDP growth is likely to slow further in 2016, which will not bode well for the Australian
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Today I’m going to show you how one investor went from losing nearly $5,000 per year on his rental properties, to putting together development deals that could net him $150,000 to $200,000 in 12 short months.
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Michael is a South Australian investor who just completed our Millionaire Apprentice Program. He generously agreed to let me interview him to share the story of one of his recent deals with the PropertyInvesting.com community. Michael, how did you find this property? At the time,
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Results for week ending December 20 After starting the year at a blistering pace, the property auction market crossed the 2015 finish line with a whimper. Sales peaked in April at 82.3 percent. By the final selling Saturday of the year, sellers recorded a combined
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I’m currently mentoring a first-time property investor in Steve McKnight’s Millionaire Apprentice program. This gentleman recently immigrated to Australia and is learning the intricacies of the Australian property market. After clearly establishing his goals and strategy, he decided to search for a property with future
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