Don’t confuse Google Search with REAL ​Property investment advice

Building wealth through a profitable investment portfolio shouldn’t be based on a Google search, but this is a common mistake made by many new investors. In this modern day world you are armed with a vast amount of information online, where you can develop plans but often they neglect lending strategy, operating budget, property location selection, cash flow and goal-setting. Limited by the extent knowledge, amounting being unable to imagine the best future – and the cost for would-be investors can be enormous. It becomes almost impossible to achieve goals, further restraining an investor’s ability to get the most from […]

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Why and When Should I Refinance?

Great News! A refinance can lower your monthly payment. Also, a lower interest rate can also allow you to build up equity and pay off your loan balance more quickly. When you receive your statement ensure you always look over it carefully. Your mortgage is amortized over an extended period of time, typically 30 years, interest payments make up a significant chunk of the monthly payment, particularly during the first ten years of your loan. By refinancing your mortgage to a lower interest rate, will obviously save you money because you will be paying a lower interest rate. But also, […]

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Brisbane’s Moreton Bay Gaining Strength: Terry Ryder

The latest event in the evolution of the Brisbane market is the strong emergence of the Moreton Bay Region in the far north of the city. It has joined Logan City in the far south as the precinct with the most momentum in the Greater Brisbane area. Meanwhile, Ipswich City in the south-west is putting its hand up as well. Most national commentators misunderstand what’s happening with the Brisbane market. They look at that single figure which apparently describes the whole Brisbane metropolitan area and conclude not much is happening. Australian Property Monitors says Brisbane prices rose 5% last year […]

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APRA’s Lending Rule Changes For Investors

There has been much discussion about APRA’s involvement in the housing market and the negative effect it was likely to have on some investors. Recent discussions with Banks, Mortgage Brokers and Aggregators about the new APRA guidelines around serviceability have advised this. It has become clear that yield needs will play a larger part in most investors’ portfolios. If a buyer gets put into a property which will take eight years to grow or longer, they can be stuck for eight years of longer until they can invest again. This will not assist in meeting the needs of retirement funding […]

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What Would It Take For Australian Property To Crash?

One of Australia’s leading economists has outlined what it would take for a property crash to happen. AMP Capital chief economist Shane Oliver says expensive housing and high household debt leave Australian housing “vulnerable”, but in the absence of higher interest rates, a property crash looks unlikely. “The Sydney and Melbourne property markets are likely to slow further this year and have another cyclical 5 to 10 per cent price downswing around 2017-18,” Mr Oliver said in a market update issued this week. “However, in the absence of either a recession or much higher interest rates, a property crash looks unlikely,” Mr Oliver said. […]

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