Rentvesting – renting a property to live in while owning one or more investment properties – is becoming an increasingly popular way for Australians to get a foot on the property ladder. According to Property Investment Professionals of Australia (PIPA)1, 36% of first homebuyers opted to invest in property and continue…
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As a home owner or property investor, you may have heard the term ‘overcapitalising’. But what exactly is it and why is it considered bad?
Hello all! It’s time to continue on with rest of my property stories 🙂 Since property 2 @ Hornsby settled, it took me another couple of years before I was able to go again. This is partly due to helping my fiance to re-locate from Canberra to Sydney, moving and settling…
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Have you ever felt that you need to do something about your financial future, but just have no idea where to start? Or you have read up a lot of posts about property, spoke to investment advisors and now is even more confused than ever about what to buy and where…
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It’s been almost a year and half since APRA put the foot down to intervene by clamping down the Interest Only (IO) loans. Back at that time, IO loans consist of almost 40% of the new residential mortgage lending by banks and this was seen as very risky by APRA…
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I often get asked this question so I thought I would write something generic for everyone but what is most suitable for each will depend on everyone’s circumstances so please seek qualified professionals for tailored advice. Before we jump in let’s understand what these two terms mean: Principal & Interest (P&I)…
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As property prices continue to rise, purchasing in a centrally-located or sought-after area is out of reach for the average working people. Instead, many are opting to rent rather than buy as it means not having to compromise their inner city or beach side lifestyle. But for those who are still…
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