Well, to be honest, I actually wanted to be an architect – but didn’t get the marks. My brother-in-law, who was a property developer, saw that I liked construction and that I was good at maths so suggested that Quantity Surveying might be a good fit. The year was 1989 and off I went to […]
Have you ever thought about writing something down that you can hand to your kids that will help them in their property investment journey? I have. I wish I knew at age 25 what I do now at age 51. So I finally got around to writing that article, but you know what – it’s […]
7 Reasons why I like Investing in Property Reason # 1 – You can Add-value You can buy a rundown old property and increase its value by getting your hands dirty (or paying someone else to)! It’s hard to add-value to my Commonwealth Bank shares. Sure I bank with them but I don’t think my […]
Chasing High Yield Property One of our clients recently purchased a block of 6 units in Port Macquarie, and initially, I thought, “Wow, what a good deal.” The client had purchased six units for a total of $550k, and according to RP Data/Corelogic, each unit was rented for $130 per week. So that’s $780 a […]
What is Negative Gearing? Negative gearing is a tax benefit you can claim if your borrowing costs are higher than the money you’ve made from an investment property. These losses can be claimed against your total income and increase your tax return and therefore, your income on your investment. For example, Jenny had a $50,000 […]