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If you are paying interest on a Depreciating asset you are going broke!
- October 18, 2019
- Posted by: formula1
- Category: Bank fees, Brokers, Budget, Enconomy, Finance & accounting, Finance News, Financial goals, Home loan product, House prices, Interest rate, Investment Property, Property Renovation, Rental Property, Uncategorized, Wealth
No CommentsCheck your investment property – If you are paying interest on a Depreciating asset you are going broke! Think about this….using your Net income to pay down an investment mortgage that is not increasing in value – BIG MISTAKE. One of the worst investment strategies you can find yourself in is throwing good money after
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Family… to Help or Not to Help?
- February 14, 2017
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Investment Property
Do you have children trying to get into the property market? Are your children wondering if it will ever be possible to buy a property in today’s market? Outgoing Reserve Bank governor Glenn Stevens stated that the only way for young people to get onto the property ladder in Australia’s most heated market – Sydney
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We Spend More Time Choosing Shoes Than a House!
- February 4, 2017
- Posted by: admin
- Category: Enconomy, Financial goals, Investment Property
A recent survey of 2,000 homeowners in Britain found most people spend about the same length of time deciding whether to buy a pair of shoes as they do deciding to make an offer on a house. Similar Australian research shows many people spend 6 to 12 months looking for a property but also act
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The Path to Successful Property Investment
- January 25, 2017
- Posted by: admin
- Category: Enconomy, Financial goals, Investment Property
Property has been considered a popular path to wealth for Australians for many years. It has the potential to generate capital growth (an increase in the value of your asset) as well as rental income. There are also tax advantages associated with negative gearing. However, when buying an investment property it is wise to remember
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Nearly Half of All Homeowners Have NEVER Refinanced! Are you one of them?
- January 15, 2017
- Posted by: admin
- Category: Budget, Finance News, Financial goals, Investment Property
A recent survey of Australian mortgage holders found 45% had NEVER refinanced their home. The report also found customers who DID refinance saved an average of $240 per month ($2,880 pa) by refinancing a 30 year loan. What would YOU do with an extra $240 each month? Why consider refinancing? You no doubt know the
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Are you maximising tax deductions for your investment property?
- August 10, 2016
- Posted by: admin
- Category: Financial goals, Investment Property, Wealth
According to the ATO there are around 1.9 million property investors in Australia and 2.7 million rental investment properties1. Surprisingly, many landlords fail to claim all allowable tax deductions simply because they are unaware of all the expenses they can claim as a tax deduction. There are two types of investment property strategies positively geared
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Has the property investment market become too confusing?
- January 5, 2016
- Posted by: admin
- Category: Investment Property
Changes to property investment loans in Australia have dominated finance news over the past few months. Barely a week goes by without yet another financial institution announcing changes to their investment loan interest rates or lending criteria. So what does this mean for YOU, a current or potential consumer of finance products? Well if feedback
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Time for a second opinion?
- January 5, 2016
- Posted by: admin
- Category: Investment Property
Over the last four years Australia has seen significant growth of around 37% in the number of investment property loans compared to an increase of only 4% in the number of owner occupied loans. 78% of the growth in investment property loans has been attributed to the 35 to 64 age groups. In NSW alone,
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Mortgage stress halved… but does that mean we’re out of the water?
- January 5, 2016
- Posted by: admin
- Category: Investment Property
Low interest rates have largely driven a decrease in the percentage of homeowners experiencing mortgage stress over the last 12 months. From March to September 2014 the percentage of homeowners claiming mortgage stress almost halved from 28% to around 15%. However, a further 15% of those surveyed were anticipating mortgage stress at some time in
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Is it the right time to fix my interest rate
- September 30, 2015
- Posted by: admin
- Category: Bank fees, Brokers, Budget, Enconomy, Finance News, Financial goals, First Home Buyer, Home loan product, Inflation, Interest rate, Investment Property, Property Renovation, Self Managed Super Funds, Wealth
Interest rates and home loans continue to be a hot topic in financial circles. 2015 has seen the lowest cash rate – and resulting interest rates – in Australian history. Can they go any lower? Opinion remains divided as to whether they will go any lower – and also when. In addition, the RBA no