When it comes to taking control of your personal finances, most don't take the time to create a budget. A budget doesn't mean you stop enjoying life. The primary purpose is providing you with a guideline to understanding what you can afford to spend on a property. This is irrelevant if you are buying a home to live in, use as a holiday home or to invest. It also allows you to discover what you are...
Buying an investment property is a wonderful achievement and an excellent asset you could own. It is likely among the most expensive assets you will ever own. For this reason, it is important to protect it. Landlord cover is one was to do this. It is very common for a landlord to rely on it generating a regular income stream through monthly rent. Therefore investors need to acknowledge the importance of...
Establishing your objectives. As a former financial planner and now property adviser, Tristan Markulija has seen quite a number of goals and objectives. Some with great motivation, some very realistic and achievable, while some are completely unattainable. Part of our process in sourcing the right property for you, our team devote a large component in educating you on the property market, helping you...
Why is owning real estate an Australian dream? Putting it quite simply, Australian’s love real estate because they are familiar with it. Everyone lives in some form of residence. If they own it outright, mortgaged, pay board or rent, we all have an emotional attachment and a direct experience. Owning a property is very empowering, offering us a feeling of success and prosperity. Many people trust...
I don't know if it's forward thinking or impulse buying, but we always buy things in bulk if it’s well discounted. Food is certainly something we will buy in bulk. I can’t eat it in one day, but I know it will be eaten… Over the years we have realised that it's not the price you pay that matters, but the quality you get. If you can get something cheap that's helpful but it's pointless if it...
Rent – The true core of real estate. Investing in real estate should be a buy/hold approach. The traditional way that provides moderate returns while having the opportunity to use the rent to escalate the loan repayments. TV reality shows often falsely indicate that successful real estate is a quick turnover from buying a home, renovating it, and reselling at a much higher price, but this is far...
Buying property is an exciting time. The feeling you get after buying provides such a great feeling of success. We all work hard and its time you get a chance to show it! As property advisers, we pride ourselves on service. Our priority is to understand your needs and present the right solution exclusively for your situation. If you don’t conduct the right property research and review your own...
The walk score reflects how easy it is to get around without a car. The walk score is a number between 0 and 100 (100 representing a perfect score). Melbourne has been ranked number 1, with the only suburb achieving a perfect 100 out of 100. Werribee South takes the 'wooden spoon' with a score of just 0.6 out of 100, highlighting the high reliance on using a car to get you places such as shops, schools...
Investing in Apartments, is it really worth it? The relentless housing boom in Australia’s cities, especially Melbourne and Sydney, is often framed as an inter-generational conflict in which younger generations are being priced out of the market by baby boomers. This is not necessarily true if they consider buying a property type that is more affordable while establishing a career and accumulate their...
First home buyers, buying your first home is generally the biggest financial commitment of your life. Of course, it’s absolutely normal to feel a mix of emotions… Are we doing the right thing? Can we actually afford it? Should I buy close to the city? Should I wait longer? What if the market changes? As property advisers, we understand the concerns that surround you. It is our role to help...