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property
How To Save Up To Buy Your First Home
Owning your own home is one major goal for many young Australians. But with property prices so high a first mortgage may appear out of reach. In this interview on Wake Up WA, Certified Financial Planner professional Matt Hern shares three strategies that first home buyers (especially young people) can use to save up to [...]
Rely on newspapers for property research at your peril
I don’t usually watch ABC TV’s Media Watch show but on Monday night I was pleased to have flicked over at just the right time. Newspapers love criticising financial planners in their usual sensationalised way. One Media Watch story uncovered a dirty little secret about newspapers and how they appear to be so influenced by [...]
Find the right property mentor
One of the messages I teach is to “Do What You Love; Outsource The Rest“. When it comes to direct investment in residential property it can be tricky to implement this due to the presence of too many biased spruikers. Neil Jenman refers to them as “selling machines” in his insightful article, which I recommend [...]
I’ll huff and I’ll puff and I’ll…
…blow your house down.
For years I’ve been earbashed by people enamoured with investing in residential property. Apparently it’s THE best investment and “you can never lose money in property”.
Out of curiosity I enquire of these people what makes them hold that belief. Sadly most can only regurgitate the words of others and have never done [...]
First Home Buyers: Don’t Rush In
Many in the media are saying that the latest interest rate cut makes property more affordable for first home buyers. I disagree.
Let us remember this is the lowest interest rate in over 30 years. Rates are artificially low to stimulate the economy short term. This is not normal or even an average.
So it is fair [...]