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Property investment builds wealth providing you makesound decisions that create excellent financial returns.However, there’s an art to investing right. So, beforeyou rush out and start buying property, you need todo your research and consider the upfront costs involvedin property investment. Then, you can determine ifproperty investment is affordable for you.Let’s look at the costs you may […]
Declaring Chapter 7 or Chapter 13 bankruptcy is often devastating and can turn your home buying plans upside down.Going into bankruptcy shuts down your ability to borrow money or use a credit card, severely lowering your credit score. It will take some time to build back enough credit to apply for a new credit card or to […]
Closing costs can vary for each person’s situation. This list is not a guarantee that certain fees will or will not be paid by you. Many of the fees and closing costs will be determined by your purchase contract. This is just a general overview of some of the closing costs you might be expected […]
It’s a slow Sunday morning. You’ve just brewed your Nespresso and popped open your laptop to check out the latest home listings before you hit the road for a day of open houses. You’re DIYing this real estate thing, and you think you’re doing pretty well—after all, any info you might need is at your […]
The BRRRR(Buy,Rehab, Rent,Rebuild and Repeat strategy) is one of the most powerful wealth-building tactics that I have encountered. It combines “Forced Appreciation” and “Velocity of Money” to allow you to build a scalable portfolio of cash-flowing assets using a limited amount of cash or private/hard money. Daniil Kleyman has personally used the BRRRR strategy to […]
Know what separates the investors that can fund any deal they want just by picking up their phone from every other Joe who keeps getting rejected?? It’s one very simple concept that 97% of investors don’t understand And this one concept and method will ensure that you can fund any profitable deal you want, anytime… […]
If you are thinking of investing in real estate, look no further than Melbourne. Statistics by CoreLogic indicates that Melbourne has the upper hand in property values than most of the major cities in Australia. Over the 2017-18 financial year, Melbourne dwelling values increased by 1.0%. Although values rose for the sixth consecutive financial year, […]
Here is information regarding some apartments in Brisbane my partner and I have access too. We have negotiated a good deal with one of our developers where he will be funding the full 10% deposit as a non-refundable gift at settlement. It is an amazing deal for either a first time investor who is struggling […]
There are many ways to to find highly motivated sellers. You are not restricted to one method. You have to tweak,test and find one that gives you great results! Asa new real estate investor, I do my own research by asking real estate investors who have been in this industry for more than a decade […]
There is a looming interest-only loan crack down on major banks in Australia. A leading economist, Richard Holden, issued a warning early this week that the housing market could be going down for US-style meltdown as the intended crack down on interest-only mortgages forces homeowners to paying off the principal on their home loans. It […]
If you own an investment property and you have had it professionally assessed for depreciation allowance, chances are you are paying too much tax. Expert define depreciation as a tax deduction available to property investors. Your investment property basically earns you an income as a form of rent from your tenants. Any activity that brings […]
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