Are you keen to keep up to date with the continual changing world of property investment, success, personal finance and wealth creation
strategies?
Well…here’s a list of our 10 most read blogs over the last month, in case you missed them.
Did you know that more than 115,000 people subscribe to our Property Update blog?
Some subscribe to the daily commentary while others get the weekly summary.
And that over the course of the month, we’ve published hundreds of articles, but of course, some are always more popular than others.
So as another month comes to an end, we thought it would be a good idea to share the top 10 blogs our readers enjoyed so you can take another look at the stories that meant the most to our subscribers.
1. HOW TO GET STARTED IN PROPERTY DEVELOPMENT
I’ve recently noticed a trend in budding developers – they are looking for an overview of the property development process and they want it in a simple and accessible way.
That is why I’ve created this comprehensive guide covering the topic.
I want to make finding the right information as easy as possible.
2. THREE LOOMING CHANGES ALL INVESTORS MUST PREPARE FOR
What type of property will be in strong demand in the future?
Now that’s a good question for property investors to ponder, because the way we live and where and how we live is evolving.
It wasn’t all that long ago that buying a house and land in the suburbs was considered an indisputable truism of property investing.
3. STATE BY STATE HOUSING MARKET & ECONOMIC UPDATE | CHART PACK JUNE 2017
Property prices accelerated over the past year, spurred on by the RBA’s rate cuts in May and August 2016.
As a result, the twin issues of housing affordability and financial stability have been front of mind for Governments, the RBA and APRA, yet our real estate markets have remained stubbornly strong, but there are now signs suggesting that price growth will slow from here.
While property price growth will moderate I still expect property prices to grow, so let’s dig deeper and unpack the latest CoreLogic chart pack…
4. LANDLORD RIGHTS AND RESPONSIBILITIES
Property investment remains one of the best ways to create wealth but success depends on much more than just property selection and location.
You see… property investment also involves people – namely landlords (that’s you) and tenants.
Throughout the residential tenancy, you as the landlord have various responsibilities which must be upheld.
Across the country, there is state-specific legislation which protects the landlord’s rights as well as the tenant’s.
5. THE MELBOURNE PROPERTY MARKET – 29 INVESTOR TIPS
The Melbourne property market has been one of the strongest and most consistent performers over the last few years.
In fact, after the booming Sydney real estate market, Melbourne has been the best performing capital city market over the last few years.
6. WHY PROPERTY FLIPS ARE LIKELY TO FLOP
Have you ever thought of tarting up an old property to on-sell and make a quick profit?
Of course this concept is often taught at property seminars and has recently been popularised by reality television shows like “The Block”.
But can you really make a living flipping properties?
If you’re after a quick buck I’m sorry to disappoint you; while buying a run down property at a good price, improving it and selling it for a profit sounds good in theory, in reality most property flips flop!
7. 4 LESSONS FROM AUSTRALIA’S RICHEST PEOPLE
Do you know how some of the richest people in Australia reached the very top?
Well for many it was through property investment.
Some invested in property from their early days, while others choose property as their wealth creation vehicle once they’d made money in other industries.
The 2017 Financial Review Rich List has just been released and can teach us all valuable lessons from those Australians who’ve reached the upper echelons of financial success.
8. DESIGN A PORTFOLIO THAT CAN WEATHER THE INEVITABLE STORMS
If you’re hoping to gain financial freedom through property your investment journey is likely to be a long one.
And over the next ten to fifteen years you’re likely to encounter some good economic times and some tough ones, periods of low interest rates and spells of high interest rates, booms in the property markets and slumps.
And one day we’ll have another recession (Australia hasn’t had one since the early 1990’s) and maybe even a depression.
If the last few years has taught investors anything it is to expect the unexpected.
That’s why I suggest you should prepare for the worst, while hoping for the best.
In other words, maximise your upside while at the same time covering your downside.
9. WITH ONLY 10 YEARS TO RETIREMENT… CAN YOU ACTUALLY BUILD WEALTH THROUGH PROPERTY INVESTMENT?
It takes time to build financial freedom, but if you only have a short timeframe ahead of you to build your nest egg, all is not lost.
I was recently asked by Your Investment Property Magazine to devise a strategy for success to help readers James & Elizabeth.
10. CAN YOU AVOID PAYING CGT ON INVESTMENT PROPERTY?
Are there ways to avoid or reduce paying CGT on investment property entirely?
Yes, there are!
It’s an unfortunate part of every property investor’s journey that they will most likely eventually be liable for Capital Gains Tax or CGT.
But there are a few strategies that can help you minimise your CGT when it comes to realising the profits on your investment property.
And some situations where you may be able to avoid it altogether
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