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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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What do you reckon most people would be doing now?

I reckon you know. They’re checking the papers, checking the TV news to see what they can find out about the coronavirus. Maybe there are a few who have taken a minute to thank their lucky stars they don’t live in Victoria.

I’ve already met many who are worried about their job, worried about the next pay packet, wondering how the bank will treat them and figuring out what they can put on eBay.

Any guesses what the well-off might be up to?

I can tell you; they’re running around like bulls in a china shop buying up bargains all over the place. Things sure aren’t perfect at the moment and they know it, just like the rest of us. Things could get worse and they know that too.

Where they differ from “most people” however, is that they know things will get better.

They understand that the State and Federal Governments are throwing money at the virus to hose down the effects.

Everything is on the table from major construction projects, red tape disappearing so business can get on with it and the cash payments to all and sundry. The rich are rich because they understand and use money better than “most people”. They know that when property bounces back, it will come back like the old hard rubber super balls from back when I was a kid.

When it bounces, they’ll be ready with property that they’ve purchased in the low period. When the bounce comes and confidence starts to return, they’ll make huge amounts of money very quickly

But there are a couple of things which might be standing in your way. Usually these are a lack of knowledge about what’s going on and how to take advantage of it. What about the amount of time it takes to search online, go to inspections all weekend and then again after work during the week. Don’t forget to do a few valuations. Do you know the best way to value a property?

Maybe it’s conducting negotiations with experienced real estate agents so you don’t pay too much.

If you lose that negotiation, you’ll be paying too much.

Let us handle all that heavy lifting here at Premier Property Buyers Australia. We can take the load off your shoulders so you don’t have to carry anything more than your bag to the front door after you collect the key.

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