If you have been following my blog, checked out the instructional videos on my website HERE, you will know by now that unless you win lotto or come into a massive inheritance, there is no other way to have a really comfortable retirement and pay your home off in full …
My latest e-Book “7 Mistakes” talks about this point in greater detail (point 6), but thought I’d talk about it here for my Friday blog. What do we do when all our disposable income is being chewed up by insignificant ‘chip-away’ payments to multiple credit cards, personal loans, car loans, …
Most of us have had some experience with “LMI” or Lenders Mortgage Insurance, either with our first home that we bought with savings scraped together or first investment. Some of us have cringed, balked and been very upset about having to pay this ‘outrageous’ premium that covers the bank from …
Firstly let’s define the term “Negative Gearing” as per INVESTOPEDIA: “Borrowing money to buy an investment asset without receiving enough income from the investment to cover the interest expenses and other costs involved in maintaining it. Depending on the investor’s home country, the shortfall between income earned and interest due can …
So you are the proud owner of a new investment property and you are super keen to rent it out, but…. no takers at the price you want, and you are starting to stress as you now have to foot the bill for your home loan AND a new property …
That is the question! So you have 3 or 4 investment properties ticking along nicely, some growing in value faster than others, some having some nice rent increases faster than others. You still have a home loan though, and isn’t part of this strategy clearing your debt off as quickly …
My wife and I have built our residential home twice (now investments) and both times great care was taken to choose colours, tiles, everything to be perfect aesthetically for us. When my first time investor clients come to me for advice, the first thing I ask is: “Are you going …
Those that watched and cringed at the big finale were shocked and horrified at the huge variance between the winners and losers, the massive differences in sale prices and in my opinion the setting of unrealistic reserve prices. Many clients come to me with plans of buying old fixer-uppers in …
The old saying, only two things in life are certain, death and taxes. What if we could at least shave one of these off? Or considerably reduce it? Wouldn’t it be nice to know that your hours of overtime are not in vain, not handing over almost half to the …
I will never forget the day a lovely lady approached me asking if she was on the best rate and can I possibly put her in a loan with lower repayments so she can pay her loan off faster. I assessed her situation, suggested a few options which were immediately …
