Monthly Archives September 2019
It looks like the bottom of the property market is behind us – indicating that property prices are on the rise. Now is the right time to buy, before the property market recovers even further. However, buying the right property is essential, as purchasing poorly has dire financial consequences. We’ve recently welcomed Mark Brilliant to the team as Director of Buying & Advisory. He’s here to help you make the best buying decisions possible to enhance your investment portfolio.
Comparison of the land tax cost of similar sized portfolios structured differently shows how expensive this can be
American politician Tip O’Neill once said “all politics is local” and so you could say for real estate agents and property managers. Nearly everyone touts their local market expertise as their main selling point. And local market knowledge is important – to understand prices, the types of tenants that go to particular areas and housing types, good local trades for maintenance work.
It is always easier to deal with a problem you can see than one you can’t. It is always more urgent to deal with today’s problem than tomorrow’s, let alone one that is 10 years from now. Maybe that’s why so many property investors focus most of their time on the least valuable issues and the least of their time on the most valuable issues. If that sounds like a problem, read on and we’ll unpack our “two triangles” – where people spend their time and attention versus where the money is.