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/    

The Block, Tv illusions and make believe?

I came across this article, from Tyron Hyde, Washington Brown. I considered attending the auction, but no point. Tyron, arguably makes some good points below. I’d love to see the TV network try to prove otherwise.   Is The Block the world’s worst development? Washington Brown has crunched the numbers on The Block’s latest development […]