NEW

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...
html.et-fb-root-ancestor #main-header, html.et-fb-root-ancestor #top-header, html.et-fb-root-ancestor #main-footer { display: none!important; }

Often forgotten words, but at the heart of the ‘get rich quick’ schemes is this well-known assertion. When was the last time you saw a ‘wealth coach’ spruiking the benefits of some new real estate wealth scheme? Last time you looked at your email inbox or your Facebook feed, right? With the onset of the current property market ‘boom’ and the opportunity to ‘clean up’ if you follow their real estate wealth scheme, the wealth coach population is already starting to increase in number exponentially. If you believe everything you hear from them, then I’ve got some snake oil cure all medicine that you would love to buy at only $120 per 100mil bottle. Hit me up for a carton.

BEWARE THE ‘GET RICH QUICK’ SPRUIKER!

There are also quite a few legitimate wealth coaches out there who actually care about your results. They’re not all wolves in sheep’s clothing, but you need to take extreme care, do a lot of research and ask a lot of questions before you sign up to their schemes that often cost thousands of dollars.

As we’ve discussed at length previously, real estate is one of, if not ‘the’ best way to build wealth, but I can guarantee you won’t be rich tomorrow. If we’re talking Tattslotto, maybe, but what are the odds of that? I can tell you I’ve been trying to take that out for about 40 years and haven’t become rich from it yet. I did get $60 about 10 years ago, but all that did was encourage me to keep trying. I think that was planned by the organisers.

I’ve also been investing in property for 23+ years and my portfolio in Australia alone is worth the best part of $2M. A conservative portfolio by some standards, but when I retire, that will add over $2K per week to my income. Yes, I will have to pay tax on that, but am I working for it? NO! It is totally the result of my money working for me. I make that much before I even get out of bed. Add to that my overseas portfolio and when I go overseas on holiday, there’s my ready-made spending money.

Remember, being rich is just having money.

Being wealthy is having the time to enjoy it.

Make your money work for you.

The Golden Rule…………Rules

The only real way to get rich quick is to do it slowly. The sooner you start the better. We’ve spoken about buying time before, haven’t we? Yes, we have, a few newsletters ago. If you don’t remember go to the PPBA News page and have another read.

https://premierpropertybuyersaustralia.com.au/news-all/

The golden rule is: get advice from your top quality professional team so you don’t waste time or money. The other golden rule is: make sure you also do your homework. You crunch the numbers and make sure they add up to suit your situation. If the numbers don’t add up, try another strategy and keep trying until you find something that adds up! You do some research to make sure you’ve covered all the bases. If you don’t know how to do that, find out how. Don’t go off half cocked.

When you’re ready to make a move, contact us here at PPBA. We deal in property seven days a week and we’ve got the professional team to help you crunch the numbers. Just starting out, or seasoned investor, we’ll help you on your way to making money before you get out of bed.

Subscribe to Our Newsletter