Finance for renovations

https://twitter.com/SkyNewsRE/status/842933786044059648 Interview on property finance for renovations, and talking about how my book, property finance made simple, will assist anyone who wants to buy a house or borrow against their property.   It is so important to not finance renovations using a credit card or personal loan. Obtaining a mortgage if a smarter move, it […]

first home buyers

This is part 2 to the last post I did, and contradicts to some degree, the last post, you will see a trend in the media, that everyone has an opinion. No opinion is completely wrong or completely right necessarily. One thing that is completely wrong is using Sydney as the benchmark of National affordability […]

Millenials, affordability for property and first home buyers

The below article’s perspective is very interesting, often people like to compare other countries to make a point that the Millenial generation and generation Y’s income and affordability are tough here versus other countries, but this is very one dimensional. You must consider all the information.   Sydney Real Estate Is ‘Cheap,’ And There Is No […]

Interest rates: must read: Property Finance Made Simple

What is in store for borrowers: Anyone with an interest only loan, whether on an investment property or their own home, a high level of debt against a property they own, or any investment loan will start to face climbing interest rates. The risk is obvious, many people have foolishly taken on too much debt, […]

Property Finance Made Simple

Finance for renovation; Property Finance Made Simple www.propertyfinancemadesimple.net.au   Ever wanted to know what is required from a finance perspective to renovate a property, structurally or non-structurally?   Firstly, obtain quotes, understand all costs involved from materials, labour, perhaps cost of accomodation if you need to move out temporarily. Any permissions needed, so if you […]

APRA sounds alarm on commercial property risks

Following a recent review, the prudential regulator has today warned that many banks have fallen “well short of expectations” regarding portfolio controls for commercial property.   https://www.smeadviser.com.au/news/64-apra-sounds-alarm-on-commercial-property-risks?utm_source=SME%20Adviser&utm_campaign=10_03_17&utm_medium=email&utm_content=2   Commercial property is a good strategy worth considering. Stay tuned for my new article soon to be published in a business journal, on commercial property

Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars

  A NEW breed of property investing in Australia is expanding into other money-making areas, including offshore. Fractional investing, which allows people to buy slices of real estate without having to stump up hundreds of thousands of dollars, is growing rapidly as investors search for ways to benefit from rising property prices.   This may […]

Household debt likely to stand in the way of rate hikes

Official interest rates are at historic lows and it seems unlikely that they are going to be increasing in the near future. Furthermore, don’t expect interest rates to return to historic average levels due to record high levels of household debt.   https://www.linkedin.com/in/andrewccrossley/recent-activity/shares/