My kids love to play Monopoly. I, on the other hand, am not a huge fan, primarily because the game takes so freaking long to play. No matter how fast we try to speed the game up, we never seem able to bankrupt each other
Read More
Discovering Your Property Investing Strengths
When Paul Potts first auditioned for Britain’s Got Talent in March 2007, he was an insecure, £30,000-in-debt mobile phone salesman. If you’ve seen the video, which has over 135 million views, you’ll remember him waddling out on stage looking rather timid. When asked, “What are
Read More
7 Types of Insurance Every Property Investor Should Consider
As investors, we’re in the business of dealing with risk. We approach every deal with the hope of making money, but we must also face the brutal reality that owning real estate carries certain liabilities and risks of incurring losses. We have four primary ways
Read More
Frenzy, Fear & Greed
Results for week ending May 31 Auction clearance rates remained high in Sydney (86.5%) and Melbourne (78.3%) giving a strong national result of 78.9%. Canberra and Adelaide also broke the 70% mark for auction clearance rates. The Stat Auction clearance rates report the number of
Read More
3 Ways APRA Can Slow Down the Real Estate Market
Reports are already rolling in on our forum from investors finding it more difficult to qualify for investment loans. So what’s changed? The Australian Prudential Regulation Authority (APRA) is an independent government agency that oversees banks, other bank-like deposit-taking institutions, insurance companies and superannuation funds.
Read More
Winter Is For Calendars
Results for week ending May 24 Melbourne has joined Sydney in the 80% club for auction clearance rates this weekend pushing the national average to 78.4%. The Stat Auction clearance rates report the number of properties sold compared to the number of properties offered up
Read More
How the RBA Manipulates Interest Rates
The word, “manipulates,” sounds so conspiratorial. It gives the impression that a room full of bankers, economists and executives sit in secret each month, strategising how to influence our economy according to their pre-determined objectives. Wait; Actually, That IS What Happens. Of course, their stated
Read More
Taking The Boom Off The Boil
New Zealand’s financial regulator has taken two very interesting preemptive steps in an attempt to take the Auckland property boom off the boil. By way of background, like Australia, NZ has a capital gains tax (CGT) regime, but unlike Australia the CGT rate is set
Read More
When Things Get Hot You Eventually Need To Take A Dip
Results for week ending May 17 Auction clearance rates have remained strong in Sydney and Melbourne this week although they have come down slightly from last week’s highs. The Stat Auction clearance rates report the number of properties sold compared to the number of properties
Read More
How Super-Fast Transport Could Someday Obliterate Your Property Portfolio
Check out this video of a proposed tube transport system that could travel over 1200km per hour, faster than the speed of sound. This super-fast transportation is the brainchild of entrepreneur Elon Musk, cofounder of Paypal and founder of Tesla and SpaceX. Musk has described
Read More
