Monday, May 16, 2011

9 Questions You Must Ask Before You Become A Property Buyer

One way or another, everyone is involved in the real estate industry – either as tenants, home owners or investors.  Here are 9 questions you might consider asking prior to taking the plunge into the most significant purchase of your life:

1. How can I profit from this investment? 
2. What are my risks? 
3. What form of insurance do I need in place? 
4. What name or structure should I purchase the property in? 
5. How can I improve the profit potential? 
6. If I need to sell, what is my exit strategy? 
7. Can I afford the property if things change, eg interest rates increase?

8. What type of loan should I take out?

9. What does my accountant and solicitor say about tax/legal

     Implications?

This is by no means a comprehensive check list but is designed to cover most of the issues which arise in property investing.

A New Definition For ‘Bank’ – totally out of touch

There is a new definition for the word ‘Bank’…out of touch, uncaring and greedy!  OR maybe it’s not so new.  If you read the media release issue by the Reserve ‘Bank’ (click the link below), it goes to prove just how out of touch these people are.  The media release reads like a university lecture in Economics 101.  What these people fail to address is existing ‘real world’ implications – the increasing struggle of many folks just to maintain mortgage payments (let alone the impending increase).  AND this has a follow-on impact on all of us. 

http://www.rba.gov.au/media-releases/2010/mr-10-26.html

 

Thursday, March 10, 2011

Untitled

 "We Are Out To Save The World"

 

From unscrupulous, unlicensed, sleazy Property Sprukers

PLUS

We'll show you how to achieve high capital growth AND strong cash flow

 

Join us at our upcoming "High Capital Growth AND Cash Flow - Save The World Live Training Event" where we'll reveal how to buy low risk residential real estate with high returns - both capital growth AND rent...AND the property is in great suburbs of Sydney.

Training Event Details:

Date: Wednesday 4 May 2011

Start Time: 6:30pm registration for a 7:00pm start

Finish Time: Around 9:00pm

Venue: St George Leaguse Club

Cost: $29 per single OR $39 per double  *All profits donated to the New Zealand Earthquake Appeal

 

To register go to www.ifyl.com.au OR phone our office on 1300 507 559.

Untitled

Supermen_2_small
"We Are Out To Save The World"

 

From unscrupulous, unlicensed, sleazy Property Sprukers

PLUS

We'll show you how to achieve high capital growth AND strong cash flow

 

Join us at our upcoming "High Capital Growth AND Cash Flow - Save The World Live Training Event" where we'll reveal how to buy low risk residential real estate with high returns - both capital growth AND rent...AND the property is in great suburbs of Sydney.

Training Event Details:

Date: Wednesday 4 May 2011

Start Time: 6:30pm registration for a 7:00pm start

Finish Time: Around 9:00pm

Venue: St George Leaguse Club

Cost: $29 per single OR $39 per double  *All profits donated to the New Zealand Earthquake Appeal

 

To register go to www.ifyl.com.au OR phone our office on 1300 507 559.

Monday, November 29, 2010

More Give and Less Take...who is NAB kidding?

In view of recent events, it's interesting to consider some of the bank slogans.  NAB for example has introduced "More Give and Less Take".  I guess opinions will vary and depend very much on whether you perceive the glass to be 'half full OR half empty'.  NAB obviously perceive the glass to be half full AND it's not that difficult to justify.  By 'More Give' NAB obviously means:  we GIVE you far more stress than we have in the past because we increase interest rates without justification AND fail to correct computer problems in an timely manner.  By 'Less Take' NAB obviously means:  we TAKE far less crap from you when you're unhappy with our service.  

The conclusion...an excellent slogan NAB and an even better interpretation above (even if I do say so myself)!

 

Next we have CBA who's slogan is "Determined to be Different" AND they certainly are (different that is).  They are the first to increase interest rates and come up with some lame excuse to justify doing so...well done Ralph Norris.  At least Ralph could tell the truth and tell us what we already know - CBA wants to increase profits (and Ralph's bonus of course).

I could go on, however I'm making myself depressed.  Merry Christmas to the 'BIG 4', oh and let's not forget the Reserve Bank - well done guys in raising interest rates because the economy might grow sometime in the future...oh dear, here I go again.  This is supposed to be a happy time of year.

Have a very safe and happy Christmas and a very prosperous 2011.

Wednesday, November 3, 2010

A New Definition For ‘Bank’ – totally out of touch AND downright greedy!

There is a new definition for the word ‘Bank’…out of touch, uncaring and greedy!  OR maybe it’s now so new.  If you read the media release issue by the Reserve ‘Bank’ (click the link below), it goes to prove just how out of touch these people are.  The media release reads like a university lecture in Economics 101.  What these people fail to address is existing ‘real world’ implications – the increasing struggle of many folks just to maintain mortgage payments (let alone the impending increase).  AND this has a follow-on impact on all of us.

 

Media Release – 2 November 2010

 

http://www.rba.gov.au/media-releases/2010/mr-10-26.html

 

AND that’s only half the problem.  As you are no doubt aware, the CBA increased its interest rates by an additional 0.20% taking the total increase to 0.45%.

 

Just consider comments by AFG managing director Brett McKeon where he identifies its mortgages are down by 17.5% from the same time last year due to (in his opinion) ordinary folks concerns about rising interest rates.  AND what is the Australian Government doing about it?  Pretty much allowing the big 4 banks to get stronger by allowing takeovers and (let’s not forget) providing lots of rhetoric about how they intend to monitor the banks…in other words – they are doing nothing except make things worse!

If I were a betting man (and I'm not), I would put good money on Westpac being the next of the 'Big 4' to raise rates...mainly because they just announced an after tax profit of in excess of $6.3 billion (they really are struggling).  The announcement will more than likely occur on a Friday so we have the weekend to get over the shock.

 

Want to learn more about Real Estate Buyers Agents and how to develop amazing Australian property strategies?  

Claim my popular FREE Report: ‘The 7 Most Costly Mistakes That Property Investors Make And How To Avoid Them’ identifying strategies you can implement immediately guaranteed to save you thousands, available at: 

http://www.ifyl.com.au

 


Saturday, October 9, 2010

The Benefits of Using a Sydney Buyer’s Agent

Sydney, Australia is a huge city! If you are planning on moving there, the fastest and most hassle-free way of finding somewhere to live is going through a Sydney Buyer’s Agent. These are the professionals that know the area, what property is really worth, and whether you are getting what you really want from a seller.

 

Sydney has literally thousands of immigrants coming to live there each year. Because of the rapid population growth, real estate in Sydney has had to adapt. The Sydney Metropolitan Strategy plan is demanding that large infrastructure be built near convenient amenities like schools and stores in order to accommodate the incoming population. This makes Sydney a great place to live because housing is available near essential facilities and in close proximity to employment opportunities. The Sydney Metropolitan Strategy is also a financially sound concept - the economy is fed with more people buying from and working in businesses, and because of the large amount of new infrastructure being built, it is possible to live close to everything that’s important to you including schools, shopping, hospitals, etc.

 

Buyer’s Agents in Sydney know the businesses erecting these infrastructures - and who the reliable ones are. The biggest benefit of using a Buyer’s Agent in Sydney is that they understand the area inside and out. They know where all the businesses are and what neighborhoods are best suited for their clients. In your initial meeting, describe your needs to your agent. What do you do for work? What kinds of places do you absolutely need to live near? What is your budget? What must your housing include in terms of number of rooms, appliances, utilities, parking, and other amenities? How many people are you living with? An agent will try their best to find a place well-suited to your needs. They will search primarily for listings that accommodate your budget and location needs. Because they know the neighborhoods, they will be sure to find a safe one for you. If you are a student looking for a place to live, an agent will find you affordable housing in a neighborhood that is popular for certain university students. If you are part of a family that seeks a house, a buyer’s agent will be sure to find one near a school. Sydney is such a large city that it can be overwhelming looking through listings, contacting sellers, and inspecting homes yourself. Or if you are not currently living in Sydney, it is difficult to locate and inspect homes before making your decision. A Buyer’s Agent knows the city and will rule out any properties that are in a less-than-ideal location, are out of your budget, or are from an unreliable seller.

 

Living in any major city is expensive, and no one should have to pay more than they are required to. Buyer’s Agents in Sydney know how much property in certain neighborhoods is really worth. They can run comparative market reports to compare property you are interested in to similar properties all over Sydney. Comparative market reports are useful in making certain you are not paying more than what the property is worth. They can also help you find deals on better homes!

 

You will have to pay a fee when you use the services of a Buyer’s Agent, but it is worth the extra cost! A Sydney Buyer’s Agent knows the city inside and out. Their knowledge will ensure that you find a home within your budget, in a great location, that fits all of your personal and work-related needs!

 

 

Want to learn more about Real Estate Buyers Agents and how to develop amazing Australian property strategies? 

Claim my popular FREE Report: ‘The 7 Most Costly Mistakes That Property Investors Make And How To Avoid Them’ identifying strategies you can implement immediately guaranteed to save you thousands, available at:

http://www.ifyl.com.au