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Profiting From Duplex

Profiting from Property Development

Profiting From Duplex 1-MIN READING: #Property #investing is actually a very simple concept. There are literally just two primary strategies in creating wealth through property: • buy-hold; • buy-flip. These primary strategies can then be married to the sub-strategies. Now, these sub-strategies are the very ones that will help you create wealth if you execute Profiting From Duplex

Virus Epidemic and Its Effect on Property Price

Virus Epidemic and Its Effect on Property Price

Virus Epidemic and Its Effect on Property Price ?? VIRUS EPIDEMIC AND ITS EFFECT on #property price. With Corona Virus outbreak that is worsening, and with its economic impact that seems to be visible especially in the tourism and retail industry, as a Buyer’s Agent I am curious how this will eventually play out towards the housing market. Virus Epidemic and Its Effect on Property Price

Bank’s Internal Suburb Risk Profile Assessment

Bank's Internal Suburb Risk Profile Assessment

Bank’s Internal Suburb Risk Profile Assessment ?? DO YOU KNOW that every #bank has their internal #suburb risk profile assessment? And based on this information, they might approve/deny your purchase especially if majority of your #portfolio is geared towards the high risk suburbs. Banks themselves might have been very exposed by giving out mortgage in these high risk suburbs at the height Bank’s Internal Suburb Risk Profile Assessment

The Danger of Macro-Level Property Price Assessment

The Danger of Macro-Level Property Price Assessment

The Danger of Macro-Level Property Price Assessment ?? IT IS INTERESTING to see that when you research for property prices, it is wise to not relying fully on macro-level assessment. These are stats produced by CoreLogic of top 100 suburbs for growth over the past 25 years. I have trimmed it to just be the first The Danger of Macro-Level Property Price Assessment

How Capital Growth Happens

Gambling on Capital Growth

How Capital Growth Happens ?? HOW CAPITAL GROWTH HAPPENS. Seller wants to sell for X + $50k, Buyer buys it. Suddenly, similar properties will also sell for X + $50k. Another seller sniffs that the market sentiment is very positive and decides to increase his price to X + $75k, and BAM…Buyer still agrees to buy How Capital Growth Happens

How to Double Your Money Through Renovation

Profiting from Property Development

How to Double Your Money Through Renovation ?? HOW TO DOUBLE YOUR MONEY THROUGH RENOVATION. Consider the following calculation: NOTE: This is general information only and should not be taken as a financial advice. ? Purchase price: $150,000 5% purchase costs (stamp, etc): $7,500 10% deposit: $15,000 LMI: $7,500 90% borrowing: $135,000 ? Interest rate: 4% How to Double Your Money Through Renovation

How to Triple Your Money Through Property

Profiting from Property Development

How to Triple Your Money Through Property ?? HOW TO TRIPLE YOUR MONEY THROUGH #PROPERTY. Consider the following calculation: * This is general guidance only and not taking into consideration taxation and your personal financial situation. This calculation assumes no rent increase nor cost increase. Purchase price: $150,000 10% deposit: $15,000 90% borrowing: $135,000 5% purchase costs How to Triple Your Money Through Property

Rental Vacancy Rate – Low vs High Suburbs

Rental Vacancy Rate, Low vs High Suburbs It is interesting to see that the lower suburbs’ current #rental vacancy rate is way lower than the upper suburbs. Claremont (million dollar houses), Winthrop (high 700s houses) VS Armadale (200k houses), Maddington (200k houses). If you want to know your suburb’s vacancy rate, type in your suburb below in the Rental Vacancy Rate – Low vs High Suburbs

Claremont vs B-GRADE Suburbs

Property Investing

Claremont vs B-GRADE Suburbs ??? CLAREMONT vs B-GRADE SUBURBS. Few days ago I posted the question: if I have a budget of $1mil with 80% LVR, do I #invest in 1 x $1mil in Claremont OR 1 x $300k Maddington + 1 x $300k Gosnells + 2 x Armadale, and I have had mixed responses. I have met Claremont vs B-GRADE Suburbs

Rentvesting VS Buying Your Own House

Rentvesting VS Buying Your Own House

Rentvesting VS Buying Your Own House ?✅ #RENTVESTING vs BUYING YOUR OWN #HOUSE. I have heard so many times how renting + investing is better than owning your own property. Is that so? I do my maths and here is my finding. NOTE: I’m not a financial adviser, so please take this as a general info only. Assumptions: Rentvesting VS Buying Your Own House