Too Late to Buy Investment Property? Are you in your 40s or 50s with no investment property or other investments, minimal superannuation and are 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 property journey as early as… Read more
At Prospa Property Advisory we see a number of different types of property investors. The type of investor you are can affect the decisions you make throughout the investment process, and ultimately, the kind of returns you can receive. Many would-be property investors lack the correct mindset to be successful with property. So, to make… Read more
How is Owning an investment property like having a business? For some investors, the process of securing an asset might seem like the most challenging step in building wealth.Hunting down an opportunity, negotiating terms with stakeholders, engaging professional advisors and ensuring contract completion and handover can seem exhausting. Once the keys are in hand… Read more
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
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
I sat down with some clients, Michael and Claire a few years ago – and yes, they are happy for me to tell their story. They had been researching the market for a long time before being referred to my service by one of my clients. They were a time-poor, educated, professional couple with a… Read more
Our world has evolved to the point where specialisation is now common place across a range of disciplines. In truth, most of us excel at something – a particular talent we perform at a well-above-average standard. It therefore follows that in other fields, there will be qualified folk who can tackle tasks that… Read more
Every year 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… Read more
Why should you buy an interstate investment property? You might be the kind of person who wants to “try before you buy”, and visit your investment property. Looking in your home state feels “safer”. Maybe you have an emotional attachment to your hometown, and think your tenants would be best off living where you grew… Read more