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Useful property tips for investors. (and some story time)GREEN SHOOTS AND POST LOCKDOWN PROPERTY
(Pic: Bushfire ravaged Tree ferns a riot of green above Batemans Bay on the Kings Highway.) If the last month didn’t convince you I don’t know what will. Despite all the challenges… here is my opinion. You live in one of the best places on earth, some call it...
WILL HOUSE PRICES FALL IN AUSTRALIA BECAUSE OF THE CORONAVIRUS?
DISCLAIMER: I have been getting asked to predict the housing market. I don’t like doing it at the best of times. How about right now? “Sure easy…” (Jokes - it is more like “gulp” or “double gulp”) This post is designed to offer notes for potential...
COVID, TOILET PAPER AND THE PROPERTY MARKET – MARCH BLOG
March Blog (NOTE: For the Most Current Information - this Blog post was Expanded, Updated and Re-Written in early April. READ THE NEW ARTICLE HERE) Just when you thought we had enough drama, this. Disclaimer: I won’t try and sound like a medical expert....
ONE STRANGE SUMMER
Warning: Gratuitous reflection “dear diary” style post ahead. I am honestly not sure where the last 4-5 weeks went. This was a strange summer indeed (at least locally on the NSW South Coast). After a crackingly busy December for Precium I was feeling good but ready...
HEAT IN DECEMBER, YEAR REVIEW, & MERRY CHRISTMAS FROM MATT
Forgive me if I get a bit esoteric this month, but… it’s Christmas. And as I type ash and embers are falling like snow on the back deck and we are watching the Currowan Fire phase 2. Massive shout out to the legends fighting them on the front lines! I already wet the...
HEAD VS HEART: THE PSYCHOLOGY OF BUYING REAL ESTATE
Left brain v right brain. Emotions and Logic. What does that have to do with real estate? Typically we think of our brains in hemispheres - while the neuroscience is a very rapidly evolving discipline and has mixed opinions, the typically held belief is that the...
THE PERSIAN EMPIRE, UBER AND REAL ESTATE – TALES FROM A SHORT TRIP
I spent last week in California - Santa Barbara and Los Angeles. The primary object was to visit a conference called “Ontrapalooza” - 3 days with a catchy name and it was amazing. But to be honest it was way more business and digital-geeks convention than a...
PROPERTY OR SHARES? WHAT IS THE BEST INVESTMENT?
It’s an age-old debate. Tomato v BBQ Sauce. Holden v Ford. Salt v Chicken Salt. Ali vs Frazier. Deep breath… I am sure to make some enemies with this month’s blog. (But first the disclaimer) It goes without saying so I will say it again,...
“WHEN SHOULD I BOTHER ORDERING A DEPRECIATION SCHEDULE FOR MY INVESTMENT PROPERTY?”
“When should I bother ordering a Depreciation Schedule for my investment property?” First: What is a Depreciation Schedule? It is a report prepared by a professional that outlines the values of specific items in a property (including the building itself) so you can...
VACANCY RATE ESSENTIALS: 20 AREAS WITH VACANCY RATES UNDER 2% AND REASONS TO CONSIDER THEM:
SQM Vacancy Rate info this month shows the national residential rental vacancy rate increased in June 2019 to 2.3%, an increase from 2.2% in May. Nearly all capital cities recorded minor increases ranging from 0.1% to 0.2% over the month… Sydney continues to...
THINGS BABY BOOMERS NEED TO KNOW ABOUT DOWNSIZING BEFORE THEY SELL THE FAMILY HOME
Popularised by the beloved television program 15 years ago, the sea change phenomenon just won’t go away. It is no secret that Baby Boomers do things their own way. They have bucked trends, and created new ones, at every stage of their development. As Boomers...
DREAM OR NIGHTMARE? 21 MOST COMMON PROPERTY BUYER MISTAKES THAT CAN DERAIL YOUR FINANCIAL GOALS (AND HOW TO AVOID THEM)
THE ISSUE We know property is (for most of us) the single biggest financial decision we will make in our entire lives. We all want to get it right… but how do we avoid the mistakes if we don’t get to practice? Corelogic research indicates we hold a house for an...