Buy Your Own Home First or Rent and Invest? The Choice Made Clear
It's a common question. Should I buy my own home first or should I rent and invest first? In this video, I aim to cut through the fog of confusion and give you the numbers behind each option. Once you understand the financial implications of each option, you can then make an informed decision. Leave me a comment below and share this with anyone who you think this could help. To your success, Niro
The 3 Reasons Why Sydney Property Prices Won’t Crash
Hi, Niro Thambipillay here and in this video, I want to talk about the 3 reasons why the Sydney Property market won’t crash. If you’ve been reading the newspapers, almost every second day, there is some sort of headline from some so called expert who says that Sydney property prices are going to crash. But the fact of the matter is that Sydney prices have never crashed and they are not going to crash right now. But before we talk about the 3 reasons why the Sydney property market won’t crash, let’s look at history and let’s look at what’s ...
The 5 Reasons Why You Should NOT Buy An Investment Property in Sydney in 2016
Unless you’ve been living under a rock, you know the Sydney property market has seen a stratospheric price rise in the last few years. For those who purchased early enough, congratulations! You would have seen some amazing capital growth. However, just because Sydney has had such an amazing run for the last 3 years, does that mean you should be looking to buy your next investment property in Sydney in 2016? There are many out there who are making Doomsday predictions for the Sydney market. Let’s be frank - that’s just dumb! Why American Experts Almost Always Have No ...
To Fix or Not to Fix Your Rates? The 3 Things to Consider Before You Decide to Fix
It’s a common dilemma – do you fix your rates or don’t you? Fixing your rates gives you security that you know what your repayments will be during the fixed rate period. However, it also gives your lender the assurance you will almost certainly remain a client for the full extent of the fixed rate period. Even if you do decide to refinance during a fixed rate period for whatever reason, you will almost certainly end up paying hefty penalties. So your lender will make their money anyway. I’ve seen some people have to pay nearly $30,000 in penalty fees ...
The 5 Fundamental Factors You Must Consider Before Buying an Investment Property
In the 16 years I have been involved with helping people acquire investment property, I’d say the most common question I am asked is, “What do you think is going to happen in the market?” I’ve come to learn this is code for, “What does the future hold?” Unfortunately, my crystal ball broke a long time ago. I don’t know what’s going to happen in the future and neither does anybody else. The problem though is that when you invest in property, you are investing for the future, primarily the future capital growth. So although there are never any guarantees, ...
The 5 Reasons People Fail When Investing in Property
When it comes to investing in property, many of us know it can be a safe way to secure our financial future and our retirement. Unfortunately, not everyone who chooses to invest in property succeeds. So let’s have a look at the 5 reasons why people fail when investing in property. 1. Buying the Wrong Property for You One thing many people don’t realise is that an investment property that is right for someone else may not be right for you. However if your motivation to buy an investment property is, “Prices are going nuts, I better get in” ...
Thank God, I’m a Property Investor
Ok, so I don’t normally invoke religion when talking about Property Investing. However, give me 4 minutes to explain something fundamental to your financial future! There is an old adage in economics that says, the greater the volatility and risk, the greater the reward. Well, I think that can be thrown out the window. The share market in 2016 has been more volatile and unstable than a crack head looking for his next fix (I love that expression :-) ) In fact, the share market has been bouncing around all over the place for the last few years. So does ...
3 Factors That Cause Property Prices to Drop
There’s a lot of talk in the media about prices dropping and the Australian Property market being in a bubble. Well, rather than worry about media hype and headlines, let’s have a look at the 3 factors that cause property prices to drop: Rising interest rates – causing affordability issues. This was a major factor behind the subprime crisis. Thankfully, Australian lending standards are far stricter. Even if you go for a loan from a bank at an interest rate of 4.5% for instance, the lender will often judge your ability to borrow as if interest rates rose to 7% ...
