Breaking the costly ‘do nothing cycle’
As we head into the new financial year, many taxpayers will be preparing tax returns and reliving the previous 12 months through the lens of credit card and bank statements. Without doubt, a number will realise they’ve, once again, failed to make investment plans to maximise their financial position both now and into the future…. Read more
Post Election Wrap
Adam recently had the opportunity to interview Bushy Martin from Know How Property Finance. It was an off the cuff interview, where we got Bushy’s feel on how the Australian property market is looking after the recent federal election. The great news is Bushy shares our sentiment that the property investment landscape is looking very… Read more
7 Warning Signs for Property Investors
Location, location, location—a golden rule in property investment that helps investors ensure long-term growth for their assets, but how can they determine where NOT to invest? Location stands as one of the most crucial considerations for investors before buying a property as it determines the level and quality of supply and demand as well as… Read more
Why it’s never too late to invest in property
It’s not too late! In your 40s or 50s with no investments, minimal superannuation and panicking about your financial future? Stress no more because wealth-creation through property has absolutely no age limit. While most property experts strongly advise beginning an investment journey as early as possible, there is no such thing as ‘too late’ in… Read more
8 Reasons to Build Your Next Investment Property
At Prospa Property Advisory we regularly speak with investors about the benefits of building a brand new investment property, rather than buying an established property. I know what you’re thinking: it sounds like a headache, particularly if you’ve never built a home before. Or, if you’ve had a negative experience with a builder before this… Read more
Does the Banking Royal Commission Affect You?
As you are probably well aware the Banking Royal Commission concluded recently and a number of recommendations were issued by Commissioner, Kenneth Hayne. There was very little surprise when some damning misconduct came to light. Most Australians pinned their hopes on the banks being held to account for years of questionable and corrupt practices, but… Read more
Good News for Property Investors for 2019
Good News for Property Investors for 2019: APRA announces removal of interest only loan restrictions The Australian residential property market is looking forward to a very positive start to 2019 following an announcement that from 1 January the financial services regulator, APRA will remove its 30% limit on interest-only residential mortgage lending for banks and… Read more
6 Reasons to Consider Buying an Interstate Investment Property
Buying interstate may seem like a daunting process for some investors but here’s 6 reasons why you need to consider it. 1. Diversification The old saying “don’t put all your eggs in one basket” couldn’t be further from the truth. If your whole portfolio is contained to just one market then you are completely exposed… Read more