Looking to buy your first property? Here are 10 questions you should be asking yourself.  The chief executive of The Property Mentors, Luke Harris, said that while there is strong interest in property and the passive income that it can offer, it can be difficult for first-time investors to pinpoint where the starting line is.  He also emphasised that investors looking to build a property portfolio “from scratch” will find the process less stressful when equipped with the right strategies and industry knowledge.  Here are top 10 questions — along with actionable advice — that can help first-time investors (as well as experienced investors) to have a fuss-free property investment journey. 1. How do I start investing?   Mr Harris said that while purchasing a property is relatively easy, ensuring that the property will be financially successful and see sustainable growth in the long run is no easy feat.  Before committing to any property, […]

By following five key strategies, it’s possible to build a future-proofed property portfolio while investing in a declining real estate market.   Building a property portfolio that is not entirely reliant on capital growth will help deliver longer-term cash flow and benefits. As many markets around the country are now entering into a buyer’s market it will be a good time to be buying property But if you bought in the past two years, you may be worried you have paid too much for your property and concerned how you are able to grow your portfolio in a declining market. Many investors will grow a property portfolio by using the equity gained in one property to assist in purchasing their next property. By pulling out the equity in one property they can use this for the deposit of the next purchase and continue this process to grow a solid property […]

A strong investment property portfolio needs to be robust enough to perform well in a buoyant market while also being able to weather cyclical downturns.   What works well for other investors may not be the appropriate property strategy for you. As the Australian property market transitions towards a new market sentiment, the implications of increasing interest rates and rising inflation are becoming clearer. One of the challenges thrown up by this shift in market dynamics is whether investors’ cash flow is in a good position to weather what may be ahead. Like many aspects of our lives, the ideal of the perfect investment property portfolio is intensely personal. A property portfolio reflects the convergence of personal goals, investment preferences and financial circumstances, together with appetite for risk. All property is personal So, if your property portfolio reflects your investment values, then by implication, what works well for other investors […]

Commercial property is gaining traction as a real estate investment alternative to residential property, and there are some tips that will ensure the investment is maximised from the outset. Part of making a deal great is often the value-add opportunity. With residential property prices beginning to cool after a record few years of growth, it’s more important than ever to find other ways to manufacture equity to allow continued property portfolio expansion. Among the most misunderstood areas of commercial property are the creative ways, owners are able to add value to a property to increase its worth. These strategies make commercial property an incredibly powerful asset class, especially during periods of lower capital growth in residential markets. If you’re looking to maximise your commercial property returns, here are four key things to consider: Rent increases One way to slowly build capital in a commercial property is to simply allow the rent […]

It’s no secret that Australians are property obsessed, with some media outlets going as far as calling it the country’s default religion. And the proof is all in the latest figures from the Australian Bureau of Statistics (ABS). As of June 2022, data showed that the total worth of the nation’s residential dwellings rose by $221.2 billion, which brought the overall value to $10.2 trillion — the highest on record.  But while residential properties remain the apple of investors’ eyes, Maria Milillo, the business support manager for property management at Raine & Horne, offered that commercial property can also make “excellent sense” as the next addition to one’s property portfolio.  Here are four reasons why investors should consider a commercial property: 1. Investment diversification   Commercial properties have characteristics and behaviour that are largely different from residential properties in many aspects, making it the perfect choice if you’re looking to diversify […]

Are you thinking of investing in real estate? Here are common mistakes every beginner investor should avoid.  Investing in real estate is one of the most popular ways to build wealth among Aussies. As a testament to this belief, the latest data from the Australian Taxation Office (ATO) revealed that there are more than 2 million property investors in the country.  And this end goal is no pipe dream. If you’re an avid listener of The Smart Property Investment Show, you know that there is no shortage of people from all walks of life who have achieved financial freedom (as well as long-term life goals) by investing in property.  However, winning big in property investing is easier said than done. Oftentimes, this investment journey is riddled with pitfalls that could waste your time, money, and energy.  So in this article, here are five most common mistakes to avoid when starting out on your […]