Last month, I made the case in 6 Reasons to Invest in Commercial Property that your long-term investment strategy should include commercial real estate. That’s a bit of a stretch for many people, because the commercial market presents some challenges that don’t exist in the
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I recently read a story about ASIC cracking down on a company that specialises in promoting the use of a self-managed superannuation fund (SMSF) to buy investment property. ASIC is taking them to court to prevent them from continuing their “unlicensed financial services business.” It
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As you head off over the Christmas period, you might find yourself sitting on a beach (or enjoying some other wonderful scenario), and wondering whether holiday homes make good investments. The short answer is… no, they generally don’t. Why Holiday Homes Make Poor Investments Here’s
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Do you want to hear one of the dumbest things I’ve ever done with money? It’s a little painful to share, but here goes:Back in 1999, I was just a few years out of uni. I had graduated with a Bachelor of Finance, and I
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Part 3 of a 5-Part Series with Professional Renovator, Caroline Vass This is our third interview with Caroline Vass, a professional renovator who lives in Geelong. Having been trained by Steve, Caroline has been investing in real estate for about five years. While she loves
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Just a quick heads up about a potential game changer that, if it happens, will negatively impact the property market – particularly new real estate sold off-the-plan. Financial System Inquiry You’re probably a very busy person, so you might not know about the major review
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Part 2 of a 5-Part Interview with Professional Renovator, Caroline Vass Last week, I introduced you to Caroline Vass, a Geelong-based investor who focuses on renovating, subdividing and developing as a primary strategy. Having been trained by Steve, she’s also started a business helping other
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The Aussie property market seems to be running out of steam at an increasing rate, evidenced by key property statistics, consumer confidence, and interesting commentary appearing in unusual places (see the recommended reading link below). Property Statistics RP Data (now known as Core Data) have
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Part 1 of a Two-Part Series on Breaking the Cycle of Debt Have you ever noticed that socioeconomic status is often generational? As children grow up in a particular environment, they inherit mindsets, character traits and habits that shape their future. I would venture to
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Part 1 of a 5-Part Interview with Professional Renovator, Caroline Vass For a little over a year, I’ve been coaching one of Steve McKnight’s property apprentices, Caroline Vass. Caroline and her husband, Jozef, live in Geelong, and they have been investing in real estate for
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