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You Heard It Here First

You Heard it here only a few months ago!     For the last few months our good friends (not), the banks, have been slowly pushing up the rates on fixed term loans and yes, you guessed it, all the other rates will probably follow in the very near future....

How Busy Has It Been?

Wow! Has this year been super busy or what? Who would have thought that we would see a market like this in our lifetime and especially riding the back of a global pandemic? As far as property searches go, some people are just “over it!”.Having said that, there are the...

Do You Buy Now or Drop Your Standards Later?

Choices are getting difficult.For the moment at least, choices are getting harder to make. If you’re trying to keep up with property prices by working harder and saving more, you’re currently fighting a losing battle. Right now, you’d be flat out keeping pace let...

If It Ain’t Broke, Don’t Fix It

This age old saying in the vernacular also works with mortgages. But why? Fixed interest rates on a home loan are often higher than variable rates, but it’s all dependant on the global bond market. Fixed rates are funded by the global bond markets, meaning the bank...

Why Haven’t Prices Plummeted?

We’ve got Covid, a recession and had lockdown all over the place, but property remains strong and seemingly getting stronger?We all remember the dire predictions in the press this time last year with most property pundits espousing everything up to a total collapse of...

How Many Property Booms Have You Missed So Far?

You can count them on this graph.Personally, I haven’t missed any since 1998. Can you guess why that is? The reason is because I bought my first property in 1998, so I’ve had my toe in the water ever since then. Sure, there have been a couple of slower periods in that...

How Fast is Your Dream Slipping……Ahh…..Powering Away From You?

Have you been keeping a close eye on the market lately? Haven’t we all! It’s hard to believe some of the crazy things going on at the moment. This makes it all the more important to take action so you don’t see your dreams like you see a jet fighter…………disappearing...

The Cheap Money Boom!

Are we really in a property boom period just now? Maybe, but is it really a property boom? What I believe we are seeing just now is the largest, most concentrated cheap money boom that I for one have ever seen in my entire life and I’ve lived a lot of my life, so...

Perfect Urban 5 Bed Oasis

522Have you got a ‘Brady Bunch’ family? Are Mum and Dad living with you?If either of these are true, this is the house for you. If you’re up for dual occupancy as an investment strategy, this works as well. The original home as a renovated self contained granny flat ...

Are You Positive that You’re Negative?

Jehoshaphat, “Negative gearing is the best property investment strategy”. Geraldine, “Are you positive?” Jehoshaphat, "Huh???" OK, so we’ve all heard about positive and negative gearing with regard to property investment. But which one is the best strategy? Put...
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There are many strategies for investing in and holding property. The one common denominator is that, planned and managed well, it is an excellent way to secure your financial future. So, what is the best way to get started?

The best way to start is to start at the other end. Have a good think about what you want to achieve with your property investment, how much anxiety you can handle along the way and how averse to risk you are.

Anyone can do it! When I started investing in property, did I think I would own property in two States and one Territory of Australia and have three holdings overseas? No, I didn’t, but I knew what my goal was and still is. So yes, even you can do it. If you need help, I can help you to make your plan.

It’s not much good embarking on an investment strategy or buying a home that sees you in hundreds of thousands of dollars worth of debt, if it keeps you awake every night worrying about it. Whilst one strategy can see you buying one property and paying it right down before moving on to the next one, there are a number of strategies that will have you holding mortgages over many properties at once. If that worries you, you need to adjust the end goal to allow you to get a good night’s sleep. Sleep is important!

 

A property portfolio can take more time to manage than a single property. However, there are many advantages to aim for in a property portfolio to grow your wealth and retire early. You just need to speak to your property team and ensure you have a solid plan in place.

Remember that the idea of a perfect portfolio is highly subjective. It depends on your risk appetite, aspirations, personal and financial goals. A strategy that works for one, may not be your cup of tea. You may prefer coffee, so go for coffee.

To succeed in property investing you should aim to maximise your returns and minimise the risks. This can be a delicate balance in the management of your overall strategy which is critical.

Building an investment property portfolio is not a short term matter. It requires expert knowledge and commitment over the long term. Plan carefully and do not hesitate to leverage the professional help of the experts in your property team who have successfully built their strategically balanced portfolios.

Establish a property team to assist you. Consider talking to a team of good quality professionals which should include a Finance Planner, a Mortgage Broker to get your finance organised, a Buyers Agent so you don’t pay too much for a property, a Lawyer to organise your conveyancing and legal matters, a Property Manager if you’re buying an investment and even have an early chat with a removalist so you know what you’re up against in all aspects of buying and moving into your new home or in buying your new investment.

Notice we didn’t mention a selling agent for your team? No, a selling agent isn’t on your team. They work for and get paid by the seller. Oh, they’ll smile and chat with you no problem, because they want you to pay more for the property than it is actually worth. They excel at doing that.

Call PPBA for a free consultation and to chat about setting up your team of property professionals. We partner with a trusted and experienced team that you can rely on.

Call today!

0490 020 801

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