Our take on current property investment news, developments and lifestyle in Australia
So what is Lenders Mortgage Insurance (LMI)? And is it friend or is it foe? Now, Lenders Mortgage Insurance is basically a premium or an insurance policy that the banks make you take out on their behalf when you borrow over 80% of the property’s value. So it’s a premium that covers them as the […]
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Okay, here are some nasty habits that we need to avoid when applying for a loan – even if you’re six months, twelve months, eighteen months, away from getting yourself a loan, make sure you get these practices right now. Don’t change your job First one, is don’t go and change jobs or go into […]
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So, let’s talk about our 40’s! What should you be doing to prepare? Don’t underestimate the power of this decade – you’ve still time and you’ve still got a lot of living to do! 1. Define where you’re at This one can be a little confronting, but it’s necessary. Depending on where you’re at now […]
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In case you missed it, or you want to re-watch in your own time, here is the recording of last weeks Webinar – 2022 and Beyond: Where is it headed?Here’s what I discussed; Interest Rates Property Markets Assets to steer clear of How to use a Buyer’s Agent How to find the best property […]
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Finding your own property is quite a simple task, right? Jump on Domain or Realstate.com.au and see what fits your price point, basically the amount the banks will lend to you. Then you just submit an offer similar to what the vendor is asking, the offer is then accepted, your Conveyancer ensures everything is in […]
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I did a video and article a little while ago on understanding how to buy a house from start to finish. Today I wanted to do a little bit of an offshoot and really drill down on the importance of understanding your numbers, so that when you’re buying a property and it’s for an investment, […]
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Alright, been getting a lot of questions lately around equity. What is it, how can I use it, etc. etc. Let’s break it all down. First of all, what is equity? So we’ve got an asset, let’s say it’s our own home that we live in, that has a value of $500,000. We can use […]
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Parental guarantees. What are they? Why would we use one? What are the pros and cons? What are the risks associated? So let’s look at it. Basically, what is it? It’s a parental Guarantee forming additional security over the home that you’re about to purchase, so, Mum or Dad or both, will offer their home […]
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So, I wanted to talk to you today about the difference between a fixed and variable loan and why we would make a choice on one or the other. So a fixed loan means that I might fix it in for a period of time on my home loan, 4%, it might be fixed for […]
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Hi everyone, today I wanted to talk to you about what to do in your 30s. Now I’m using this phase or I’m calling this phase the ‘keeping up with the Joneses’ phase. I think we come out of our 20’s really cash-heavy or not, we may have started investing or not, we may have […]
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