Category — Property
June 9, 2013 Comments Off
I can only say it’s not a good day for the banks, Australian house prices or the Aussie financial regulators.
Separate press reports suggest the banks may have condoned unprofessional behaviour, and that the regulators did little to stop it.
About the only thing going in their (or their shareholders’) favour is the share price.
As I write, Westpac [ASX: WBC] is up 2.6%, and Australia & New Zealand Banking Group [ASX: ANZ] is up 1.3%.
And if I look at the headlines in the papers today, the only thing that’s keeping the banking sector afloat – property prices – are heading back down again.
Here comes the property crash. Or does it… [Read more →]
June 5, 2013 Comments Off
March 22, 2013 Comments Off
March 21, 2013 Comments Off
March 14, 2013 Comments Off
In Monday’s Pursuit of Happiness I left you with a cliff-hanger:
‘…this idea is the only pure property investing strategy I’ve heard over the past five years that makes any sense.’
In hindsight, after clicking the button to send the email to you, I realised I’d misled you. There isn’t just one pure property investing strategy I’d recommend.
There’s another one. That makes two pure property investing strategies. And I’ll take you through both of them today…
First up, here’s the property investment strategy I’d forgotten about.
To be honest, forgetting this investment strategy is a bit of a howler…considering it’s probably the best performing property investment of 2012.
And based on the first two weeks of 2013, it could be the best performing property investment this year too.
January 21, 2013 Comments Off
No doubt you would have seen several shows on the television that shows people buying properties and then reselling them again them after making minor repairs. Many people have made a tidy profit from doing this, but if you had really payed proper attention, you will frequently only see what the house could possibly make the owners. The shows often leave out when and for how much the home actually sold for.
Some of the richest people in the world first started out in the real estate business. That’s one of the reasons why that real estate investment has become so very popular. But what are some crucial things you should know before you go leaping into real estate yourself?
1. Firstly you need to know how market timing works.
This means that you need to not only gather up research on how the market cycles work, but that you also need to sit back and watch them for yourself. The truth is that property markets go up and down. But what you need to learn is when to buy. For instance buy when the market is low and then sell when it is high. Exactly like what you do in the share market. [Read more →]
January 6, 2013 Comments Off
Here is another article for all of you who are interested in Property. Pesonally I prefer shares.
Five Things to be Aware of When Buying or Selling a Property.
Like in all walks of life there is good and bad in all of the professions. Because now the property market might be taking off again, it certainly pays to know what are some of the tricks that some unscrupulous real estate agents have employed to get a quick sale so as to get their commission quickly.
1. Under quoting a property’s value.
There is a popular saying amongst some disreputable real-estate agents, and that is ”Quote ‘em low and then watch ‘em go. This happens when prospective property buyers are told that the buying price of the property that they are interested in buying, is much lower than the property’s actual true market value and the property owners reserve price.
Regrettably this under quoting is so very popular is for the plain and simple reason is because it works very successfully. So always check out the price of a property before you go to look at it, or bid for it .Try and get a wriitten quote or a pamphlet of some sort as there is less chance of under valuing happening if you have written down information beforehand. [Read more →]
November 23, 2012 Comments Off
We don’t know if it’s true or if it’s an urban myth.
But according to the tale, when a person turns up their toes to meet their maker (or fall to eternal damnation), shortly afterwards the body releases pent up gasses.
This can make it seem like the dead body is exhaling from the mouth or…hehem…from somewhere else.
In these moments, mourning relatives can wrongly think that their dearly departed loved-one has miraculously come back from the dead.
As we say, we don’t know if this really happens or whether it’s just an urban myth (although seeing as Money Morning is the undertaking profession’s financial newsletter of choice, we’re sure to get some feedback on this. Send your comments email@example.com).
But it’s not only in dead bodies that you see this phenomenon. As we’ll show you today, the ‘death fart’ has fooled mainstream economic analysis into thinking an Australian housing recovery is on the cards… [Read more →]
November 23, 2012 Comments Off
We have had numerous requests for more articles on Real Estate Investing. So here you are for all you property buffs.
Seven Simple Steps to Retail Investing.
The real estate bubble is not going to burst any time soon! The real estate market will, nevertheless, shift and the real estate market will change character,just the same as it always has done in the past! What’s “hot” now may turn cold and vice versa in the next 3 years (or perhaps even 3 months) nobody knows exactly for sure..
But, there are ways to “bullet proof” your real estate investments. It’s really quite basic.
The real estate market will change and what “works today in real estate may not work tomorrow… The rental market was extremely strong a year or so ago, but had gone a fraction softer in the past few months. But we are now seeing rentals again getting tighter once more. [Read more →]
November 19, 2012 Comments Off