Before you rush out there and start buying properties, you need to set your property portfolio direction. Be smart, prepared, realistic and ready to buy well. Having goals for your life overall is crucial to set your property compass. Goals are your target; property is the means to your target. These goals need to be… Read more »
I’ve said this many times before, landlords are not the bad guys in this current rental crisis. In fact, an important part of the solution to the crisis is to encourage more people to be a property investor rather than malign them. The crisis will be solved by Government building more low-cost rental housing, encouraging… Read more »
Given the strong October rise in housing values, is this just further confirmation that this is always the best time of year to sell a property? The sun is out, gardens look great, sellers and buyers come out and there is a rush to finalise sales before the summer break. But I was fascinated by… Read more »
Last week I wrote about how landlords are being driven out of the rental market, which is exacerbating the crisis. I was interested in an analysis by the research director at Ray White, Nerida Conisbee on the rental crisis and what is causing it. Proportion of households under rental stress The Economist magazine recently undertook an… Read more »
Sydney property has better investment potential than Perth property – right? I’ll declare my bias up front. My daughter and son-in-law moved to Perth as the pandemic started and have been looking to buy after renting for a few years. They have a townhouse in Sydney and the family discussion has been around the usual… Read more »
Around 8 per cent of Australians own an investment property and this year the ATO will be paying close attention to rental income, deductions, and capital gains. So a couple of housekeeping tasks as we close the financial year. These will make sure you get things right and don’t attract the taxman’s ire. 1. Keep good… Read more »
You know it’s tax time when the Australian Tax Office releases its annual ATO hit list of the areas they are targeting for special attention. This year the ATO hit list is focused on: record-keeping; work-related expenses; rental property income and deductions; and capital gains from crypto assets, property, and shares. “The ATO is targeting… Read more »
Chris Gray’s investment strategy is simple: never sell property. Just in case you haven’t heard me say it a million times before, my property investment strategy is simple… never sell property. BUY AND HOLD. Let me make that as clear as possible: Buy – whenever you can Hold – as long as you can There… Read more »
Buying over-priced property can set you back years financially. Chris Gray shares his best tips to help you improve yields and maximise capital growth in your own property investments. Property has to resonate with the heart and the mind, but when making a purchase it is fundamental to make a financial decision before making an… Read more »
An increasing number of millennials are rentvesting to enter the property market, but is it actually a good way to get ahead? Even if you’ve been living under a rock, you know that Australian property prices have surged lately. Supply shortages have driven higher prices because Australians have been using their savings from the lockdowns… Read more »
