Central
Blog Central For Property Investors
Working with Facebook on Networked Blogs for Property Investors this section is called Blog Central for Property Investors. Be sure to click to join the facebook networked Blogs which will make this page even better for anyone that enjoys a good read about property investing.
The concept behind this particular web page is Blog Central.
OK, so what is that? You travel around the Internet you come across a good blog that has good information in it about your passion for Property Investing. This Property Investors Blog Central stores a reader type application for browsing through and reading all the various blogs and also links to the external blogs themselves. It’s managed through Google Reader.
We have 302 blog pages to put in here and have layout plans to unfold more applications and functionality over 2010-2012.
Because the links below go to various web sites click on any link in the list below to open it in a new window then reading then closing that to return to the list!
New articles are added on a regular basis so it’s a good little haunt to drop back to, to catch up on the latest. Enjoy…
If you have been a lurker till you will have been able to read the dozens of blog articles and news events below. Things have changed now and from now on you will need to be a registered and logged user. This is no big deal you can do this free from the home page from the main menu at the top of this web site.
- Subscribed to pptweddieJuly 4, Sun, 2010I subscribed to pptweddie’s channel on YouTube.
- Custom Canvas Tool Holster Easily Installs Behind an Aussie Ute SeatJuly 3, Sat, 2010I uploaded a YouTube video: http://evanscanvas.com This was a custom canvas holster designed for convenient storage of bits and peaces or tools. Ideally install behind the vehicles seat to easily access tools when needed. Ute is a term in Australia that is commonly known...
- Plastering Country CottageJuly 3, Sat, 2010I favorited a YouTube video: http://www.forpropertyinvestors.com Jaffasoft - Video plastering house.
- Plastering Country CottageJuly 3, Sat, 2010I uploaded a YouTube video: http://www.forpropertyinvestors.com Jaffasoft - Video plastering house.
- First Property Renovation From Street Homeless Man AustraliaJuly 2, Fri, 2010I favorited a YouTube video: Let me tell a story with bad English. Jingle jangle way! It's the only best way i know how to..., with a picture. I ain't no good at expressing a trillion words in anything ledgable lol. I went from sitting on street seats with homeless, living in...
- Massive Market Update: 17th June 2010 - Part 2 of 4July 2, Fri, 2010I favorited a YouTube video: Have you noticed that the property market has flattened off over the past few weeks and are now wondering what you should do to prepare for the second half of 2010? If so then you'll love our June property market video update as it contains a no-...
- Massive Market Update: 17th June 2010 - Part 1 of 4July 2, Fri, 2010I favorited a YouTube video: Have you noticed that the property market has flattened off over the past few weeks and are now wondering what you should do to prepare for the second half of 2010? If so then you'll love our June property market video update as it contains a no-...
- properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 3 of 4 http://youtu.be/2r0PsrYA1oY?aJune 17, Thu, 2010properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 3 of 4 http://youtu.be/2r0PsrYA1oY?a
- properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 2 of 4 http://youtu.be/bGhGjnjquAE?aJune 17, Thu, 2010properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 2 of 4 http://youtu.be/bGhGjnjquAE?a
- properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 1 of 4 http://youtu.be/1na9lM5CQmE?aJune 17, Thu, 2010properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 1 of 4 http://youtu.be/1na9lM5CQmE?a
- properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 4 of 4 http://youtu.be/kGSPpT3wlak?aJune 17, Thu, 2010properinvesting: I uploaded a YouTube video -- Massive Market Update: 17th June 2010 - Part 4 of 4 http://youtu.be/kGSPpT3wlak?a
- Short, sharp and snappy - end of financial year checklistJune 27, Sun, 2010I favorited a YouTube video: We hear you. This close to the end of financial year, the last thing you want in your inbox is more to think about. So relax. We've done the thinking for you. This week we're short, sharp and snappy. Print out our end of year checklist and tick i...
- One On One - Richard Branson - 28 Jul 07 - Part 1June 27, Sun, 2010I favorited a YouTube video: Meet the British entrepreneur fighting global warming.
- Sir Richard Branson uncensored Q&A on Necker IslandJune 27, Sun, 2010I favorited a YouTube video: Maverick Business Adventures and Centurion Mastermind members ask Sir Richard Branson his insights on business and life
- Richard Branson: learning from failure.June 27, Sun, 2010I liked a YouTube video: Richard Branson speaking with Seth Godin about learning from failure. http://innerpreneuring.com/report/2009/July/27/204/
- Richard Branson: learning from failure.June 27, Sun, 2010I favorited a YouTube video: Richard Branson speaking with Seth Godin about learning from failure. http://innerpreneuring.com/report/2009/July/27/204/
- TIME Magazine Interviews: Robert KiyosakiJune 27, Sun, 2010I favorited a YouTube video: The financial guru's new book is 'Conspiracy of the Rich.' Robert Kiyosaki will now take your questions
- Massive Market Update: 17th June 2010 - Part 4 of 4June 26, Sat, 2010I favorited a YouTube video: Have you noticed that the property market has flattened off over the past few weeks and are now wondering what you should do to prepare for the second half of 2010? If so then you'll love our June property market video update as it contains a no-...
- Massive Market Update: 17th June 2010 - Part 1 of 4June 25, Fri, 2010I liked a YouTube video: Have you noticed that the property market has flattened off over the past few weeks and are now wondering what you should do to prepare for the second half of 2010? If so then you'll love our June property market video update as it contains a no-...
- How to post a free ad on Gumtree.com.auJune 14, Mon, 2010I liked a YouTube video: Overview video tutorial on how to post a free ad on Gumtree.com.au (Australia's most popular online classifieds destination!)
- Tax Planning 101 – DepreciationMay 26, Wed, 2010Buying new stuff between now and the end of June is often helpful come tax time, for obvious reasons. But, you may need to keep the depreciation rules in mind as not all purchases will be complete deductions for you. When talking about investment properties, a brief guide for depreciation looks something like this: Assets under $300 = write off in full Assets between $300 and $1,000 = low value pool Assets over $1,000 = written over their effective life Those thresholds are for each owner, bye the way, so a property held between you and your spouse could have fixtures of double those amounts before jumping to the next level. In working out how much you can claim; things in the low value po...
- Buy An Investment Property Now for Tax Benefits This Financial YearJune 1, Tue, 2010Many buyers who go to contract on a property do not actually realise that the date that a property is ’sold’ is the date that the contract is dated as signed by all parties. It is not the settlement of completion date. This means that should an investor be hoping to gain some extra tax benefits [...]
- Interest rate to remain stableJune 1, Tue, 2010The Reserve Bank of Australia (RBA) will leave the cash rate unchanged at today's meeting, according to Macquarie Bank interest rate strategist Rory Robertson.
- VIDEO#1 PROPERTY DEVELOPMENT PROCESS - HOW TO BECOME A REAL ESTATE DEVELOPER EXPLAINED STEP-BY-STEPMay 27, Thu, 2010I liked a YouTube video: Visit: http://www.realestatedevelopmentclub.com Hi! Adrian and Amber Zenere here and we would like to share with you our story about how we use real estate development to increase our cashflow, create our own capital growth, and buy property at...
- Goodbye RentingMay 27, Thu, 2010I liked a YouTube video: Goodbye Renting Extra feature. Check out the book at our website: http://goodbyerenting.com.au/
- Finally, building approvals riseMay 6, Thu, 2010Building approvals rose in March on the back of a boost in units and townhouses, according to data from the Australian Bureau of Statistics.
- The Law of Attraction and YouMay 8, Sat, 2010The Law of Attraction, stated simply, says that like attracts like and you can achieve your dreams by thinking about them positively. However, it goes further than that since were it that simple we would all have whatever we wanted and this is patently not the case. So how does the Law of Attraction affect you, [...]
- Mining to drive Mantra growthMay 13, Thu, 2010HOTEL owner and operator Mantra Group has committed to almost $390 million worth of new hotel developments this year.
- Building to jump with resources boomMay 13, Thu, 2010THE resources boom is forecast to stimulate activity in the construction sector, where growth is expected to hit 7.4 per cent next year.
- Mirvac unveils $1bn Gold Coast projectMay 14, Fri, 2010MIRVAC yesterday launched a $1 billion residential project in Queensland.
- Where large affordable blocks can be foundMay 14, Fri, 2010Affordable homes on large blocks can still be found within the capital city metro areas, according to an RP Data report.
- Tax returns deadline extendedMay 5, Wed, 2010Hiya Guys, Ok so we have some good news for whoever hasn’t lodged their 2009 individual and trust income tax returns. The Commissioner has approved rescheduling the due date out until to 22nd May 2010 so if you’ve been slack, you now have an extra week. You don’t need to apply for the new deadline, as you will be automatically approved for the new lodgement date. So! If you haven’t got all of your documents organised we suggest you to get a move on, and send them to us ASAP. We’re ready when you are.
- Top 10 most affordable locationsApril 27, Tue, 2010Almost one in five homes were affordable for first homebuyers in the second half of 2009, according to a recent Commonwealth Bank report prepared by RP Data.
- Bob Proctor Joe Vitale amp Other Experts the Best of the Best Joining ForcesMay 1, Sat, 2010To the fans of the movie “the Secret“, you have again a reason to rejoice. The same experts, the best of the best when it comes to teaching people how to succeed in life, are joining forces once again to treat their followers to a once in a lifetime event, “The Masters Gathering”. The Masters [...]
- Australian home values keep risingMay 1, Sat, 2010Home values in Australia's capital cities rose by 1.4 per cent in March, according to the RP Data-Rismark March Hedonic Home Value Index results.
- SLOD! Another Sale by Lawyers Real EstateMay 5, Wed, 2010These guys are good at answering questions at there facebook wall! - JaffasoftNo, SLOD! is not a typographical error, it's the name of the website Lawyers Real Estate uses to sell properties for its clients. Lawyers Real Estate is a law firm that sells real estate for its clients for a single fixed-fee, without involving real estate...(read more)
- House price shocker to lift RBA ratesMay 3, Mon, 2010HOUSE prices soared 20 per cent in one year, pointing to the sixth rate rise in eight months tomorrow amid a housing bubble threat.
- Cash rate lifted to 4.25 per centApril 6, Tue, 2010The Reserve Bank of Australia (RBA) has raised the cash rate by 25 basis points to 4.25 per cent.
- Taxpayers to Pay $50m for Foil Insulation Stuff UpApril 2, Fri, 2010Since I wrote about some of the problems that the Free Insulation Scheme that the Australia Government has been having they have cancelled the plan and are now footing the tax payers with a $50 million clean up bill. According to an article in the Australian the scheme has been linked to 105 house fires and four deaths. There were apparently 1.1 million homes insulated under the scheme, and as many as 240,000 roofs are feared to have safety or quality problems. There are about 50,000 homes that have had foil insulation installed. Improperly installed foil insulation has been linked to all four deaths, and most of the house fires from what I have read. The homes that have had the foil insulat...
- How To Find Environmentally Friendly / Sustainable Timber and WoodApril 6, Tue, 2010I think that it would surprise a lot of people to find out that timber can be one of your most environmentally friendly options when it comes to construction materials. Sustainably harvested timber, when compared to other building materials, has a very small carbon footprint. When done sustainably the tree farms are also a natural part of the carbon cycle, absorbing carbon dioxide from the air. It also takes a lot less energy to create building material from timber than it does from other manufactured building products. I say “can be” because it depends on where the timber comes from and how the trees are harvested and the forests managed. There were many times driving through Australia...
- Best and worst landlordsMarch 15, Mon, 2010Terrible landlords. I've never understood why they exist, especially when it comes to the upkeep of a property. When you talk to renters, by far one of the most common complaints is that when something goes breaks, the landlord refuses fix it. The roof could be falling in and it seems some landlords still won't put their hand in their pocket to get a tradesman out. My first home was a little two-bedroom semi in a middle-ring suburb. Living in the adjoining semi was a family with three kids from Colombia. In the winter their place rattled as the wind whipped up from under the house and straight through the huge gap that had been left between the floorboards and the bottom of the skirting boa...
- Stuart Wemyss - The Property Puzzle - a new breed of property investor - Part 1March 20, Sat, 2010Stuart Wemyss - The Property Puzzle - a new breed of property investor - Part 1
- John Fitzgerald - The difference between cash flow and growth in propertyApril 10, Sat, 2010To get to the audio of this click the link and then go to the audio link at the bottom of the realestatetalk web site and you will see a whole list of interesting audio to listen to.John Fitzgerald - The difference between cash flow and growth in property
- What to look for when buying a holiday apartment investmentMarch 27, Sat, 2010Investors will often buy a holiday apartment so that they can have their holidays in it, but also let it out for the rest of the year either themself, through an agency or through the onsite management. There are several aspects to keep in mind when buying a holiday apartment and these are: find out how much [...]
- Various split loan combinations for property investorsMarch 22, Mon, 2010Finance is so important at any time, but at the moment with the adjustments to loans and property investments in general, having a good knowledge of the various loans is helpful in making the right decision which will benefit your finance management. About the only certainty we have at the moment (well, so we have been [...]
- Personal development is part of creating wealth – excellent readingMarch 12, Fri, 2010Most people who have been involved in investing either in shares or property have taken a bit of a battering over the past two years and if they are in business they have probably been affected in that area of their lives too. If not in business employment could have been a very real concern. If [...]
- Land tax in New South WalesMarch 13, Sat, 2010Property Investors are charged land tax in all states and territories of Australia. As in all areas of Australia, Land Tax is payable on the total value of land held by an owner, be it a sole owner, joint owner, trust or whatever. Various states have different rates of land tax so if you own properties, [...]
- Auction clearance rates are improvingMarch 17, Wed, 2010Figures put out by RealEstate.com.au showed that clearance rates at auctions have improved quite remarkably in the past year. They were quoting figures for December 2009 and the following are the top 5 for clearance rates: 78.4% Melbourne 76.9% Canberra 72% Sydney 53.9% Adelaide 50% Tasmania Given the fact that an auction contract is a cash contract, buyers are obviously ready [...]
- Refinancing your loans is more popular than you may thinkMarch 19, Fri, 2010A report the other day stated that on average home owners refinanced their loans every 3 years. I don’t know about you, but I was a bit surprised as that. I would have thought more like 5-7 years. If home owners are doing that then what are property investors doing with their loans? There have definitely [...]
- Should you cross collateralise your assets to purchase investment propertyApril 10, Sat, 2010Interesting explanation.On the face of it the idea of cross collateralising your assets to purchase investment property seems to be a good idea. In many cases to this will make it cheaper for you to set up a mortgage on an investment property where you will be using the equity in another property as the ‘deposit’ [...]
- Don’t stress – Just focus on the factsAugust 7, Fri, 2009As a project manager, one of the most difficult balances to maintain is your emotional buy-in to a project...
- Business Cases: Official vs PersonalJuly 24, Fri, 2009Knowing what you personally want out of a project will keep you focused on the right outcomes.
- How to avoid bank feesJuly 25, Sat, 2009In the wake of new figures from the Reserve Bank of Australia showing that banks have earned more than $1 billion in exception fees during the 2008-09 financial year, it's timely for homebuyers and investors to consider how they can minimise the fees they're paying to their lenders.
- Property development tipsJuly 31, Fri, 2009When developing property, you create and manufacture equity through the development process rather than waiting for capital growth as you do when purchasing an existing dwelling, according to The Property School.
- Negotiate a better rateJuly 28, Tue, 2009It's possible to negotiate with your lender to get a lower interest rate, according to Declan Murphy of Bidmyloan.com.au.
- Upturn expected in residential buildingAugust 4, Tue, 2009Australia's residential building industry is forecast to surge in 2009/2010, according to BIS Shrapnel.
- Investors get ready to pounceAugust 4, Tue, 200982 per cent of investors are ready to invest in the next 12 months, according to a Loan Market Group online survey of more than 800 investors.
- Hotel transactions to improveAugust 5, Wed, 2009While it's likely there won't be many hotels changing hands in Australia this year, things are looking up for next year.
- Dramatic drop in demand for Sydney office spaceAugust 7, Fri, 2009The Sydney CBD, Australia's largest office market, has been hit hard by the global financial crisis, according to a recent report from the Property Council of Australia (PCA).
- How much will rates rise by?August 11, Tue, 2009When the economy improves it's tipped that interest rates will rise by a lot, not just a little.
- Victorians hold their property the longestAugust 17, Mon, 2009Property owners in Victoria hold on to their properties longer than those in any other state in Australia, according to research by property analyst RP Data.
- Low rates drive record refinancing ratesAugust 17, Mon, 2009Australians are refinancing loans at a record rate, in the process unleashing fresh spending power, CommSec chief economist Craig James says.
- Swan rules out plan for CGT on family homesAugust 17, Mon, 2009Treasurer Wayne Swan says the government has no intention of charging capital gains tax (CGT) on family homes.
- Be ready for rate risesAugust 18, Tue, 2009Preparation is the vital ingredient for borrowers when it comes to potential interest rate rises, according to Mortgage Choice.
- Recovery less than a boomAugust 15, Sat, 2009THE real estate market is climbing but still lags behind shares.
- Choosing Master Bedroom LightingJuly 23, Thu, 2009When we were choosing the lighting for our master bedroom we had a lot to consider. There are two types of lighting that you need to consider when choosing your lighting options. They are: Work / Task Lighting Ambient Lighting Work / Task Lighting Typically your work / task lighting can be found in one, two or possibly three locations in the master bedroom. We have task lighting in only one location, but it would probably be nice to have it in the other two as well. The main locations for task / work lighting in a bedroom, in order of prominence, are: Bedside Tables Dresser Mirror Closet We have reading lamps on our bedside tables. In purchasing these lights we went for a 45watt light...
- Comment on How to get top dollars for your house by anilAugust 2, Sun, 2009hi Dymphna i am a 1st home buyer i have $40000 in saving can pls advice when is right time to buy my 1st home because ppl are saying after 7-9 month time price will go down can u adive me thanks
- Comment on Chunk Deals for the Astute Investor by Christine StowJune 23, Tue, 2009Hi Guys, I just completed the boot camp in Melbourne. It was Awsome! And I love Dymphnas audios. I run a coffee catch up meeting once a month. If you want to come and chat, visit http://www.womeninproperty.net.au. We let men come as well and we don’t make them wear a dress! We are embarking on some really exciting projects. We also plan on having a regular meeting for members of the Ultimate and Platinums groups. See you there!
- Comment on Chunk Deals for the Astute Investor by Stan MonteiroJune 15, Mon, 2009Hi Dymphna, Thank you for your very interesting article. Can I request some advice. A friend and I are planning to buy an old property in a growtrh suburb of Brisbane, renovate it and sell it off in say 3 months time. How would you suggest that we set up financial operational arrangement between ourselves for this project. I look forward to your advice. Cheers. Stan Monteiro
- Why mortgage payments should be a tax deductionJuly 27, Mon, 2009Twas a hectic week. I spent way too long on the phone pulling together this little story.. My neck needs phsyiotherapy. My ear feels like a cauliflower from being glued to a telephone. My children have forgotten what I look like. But I did have an interesting conversation with Residex founder John Edwards. He has a theory that all property markets behave in a relatively predictable way, until they tip into unaffordability. Edwards says Sydney has been unaffordable for more than a decade, so Australia's other capital cities' are likely to follow a similar pattern, which is: Pattern 1: As houses become too expensive, more people buy units which means unit prices and sales volumes grow fast...
- Why are Australians fuelling their own property boom?August 17, Mon, 2009Australian house prices are rising faster than Donald Trump's hairline. But can this boom in house prices continue? Yes, it can. Because we simply don't have enough houses to cater for our growing population. Property values grew at an astronomical rate of 4.2% in the quarter to June 2009, which forces us to admit it's more property boom than property doom. ... all that bluster about house prices falling 40%. Pah! It's as though Australians believe in house prices the same way that naked emperor believed in his non-existent new clothes. The Housing Industry Association and Residex are warning that some parts of Australia are in a property price bubble, particularly Sydney and Melbourne....
- 'Vendor Finance Association' Meeting DatesAugust 6, Thu, 2009Hi, Here are the dates for the next Vendor Finance Assc. meetings. I recommend you guys plug into this resource, not only to keep up to date with whats happening out there in the world of vendor finance, but these meetings also provide great networking opportunities. Sydney: Thursday August13 Venue: Drummoyne Club 162 Victoria Road Drummoyne, NSw 7PM START Melbourne: Thursday September 3rd Bruce County Hotel Cnr Monash Fwy and Blackburn Rd Mt Waverly 6.45 for a 7.15 start
- Chris Rolls Property Management TipAugust 8, Sat, 2009Chris Rolls Property Management Tip
- Private Lending To Finance Renovating And FlippingJuly 30, Thu, 2009Have You Considered Using Private Lending To Finance Renovating And Flipping? The market is in a situation where many properties are not being maintained properly and have not been for well over a year .........
- Google Real Estate = GOLD = mini reviewJuly 28, Tue, 2009Google Real Estate is an awesome new product from Google that I have had a little time to play with and I can safely say that you will like it a lot.... It has been done before, but this website brings together the less obscure RE sites and should challenge RE.com.au for usability. It was a little slow for me, but overall, there is added functionality that I have not seen on other sites before. For example, if you scroll to a new location on the map, it will re-calibrate and give you properties in that area, which, in my books, is awesome. There are bargains that you don't see on the major two, which is also handy. For example, I just found beach side land for $200,000ish!!!! Gold! Shame I c...
- Rental prices to remain high over next yearAugust 14, Fri, 2009TENANTS struggling to pay rent will get no relief over the next year with prices set to remain high, housing professionals say. Vacancy rates for a number of cheaper rental locations nationally are still under 2 per cent with the worst areas recording vacancies well below 1.5 per cent, a report prepared by property advisors SQM Research shows. This is despite 66,000 renters making the leap into property ownership since October last year thanks to the first home owners grant and boost. Job slump to hurt rents David Airey, president of the Real Estate Institute of Australia, said the biggest influence on rents would be employment figures. “Unemployment often drives people into renting. I...
- 7 Most Useful iPhone Apps For Real Estate ProsAugust 14, Fri, 2009Here are my top 7 iphone aps when searching for property or selling property. 1- Google Maps/Earth – The Google Maps app just got 100x better with the newly introduced iPhone 3G S because it can now pinpoint your location and give you directions based on the direction you are facing. You can also look up a neighborhood and use Google’s StreetView to show clients what they can expect before driving to the home. Google Earth allows you to see surrounding terrain in vivid detail like the mountain of a nearby ski resort. 2- Loan Calculator – What If? – Have you ever had a buyer pose the question “How much would this home cost per month?” Using the Loan Calculator – What If? calc...
- Twice as many first-home buyers denied.August 17, Mon, 2009THE rate of first-home buyers being refused loans by their brokers and banks has almost doubled in the past year, according to the real estate industry, with a recent rise in mortgage insurance being the latest kick in the guts for those with property ownership aspirations. Gary Lees, general manager for Raine Horne Financial Services, said that the rate of those being refused has not only doubled but tripled in the past nine months. Wayne Ormond, founder and executive chairman of Refund Home Loans, which has 300 franchise outlets nationwide, said brokers were not even lodging many loan applications because they knew that banks would not accept them — some just for minor defaults. Banks...
- The Geelong & Surfcoast Property Expo 2009March 16, Mon, 2009[ March 21, 2009 to March 22, 2009. ] The Geelong Surfcoast Property Expo 2009 Come and meet me at the TSL Pty Ltd Stand at the Property Expo which is being held at Deakin University Waterfront Campus, Geelong .....
- Renovation tips to consider when planning changeMarch 17, Tue, 2009We have talked about renovations and how they can improve your property return, but also give consideration to the sale of the property at a later date .....
- Jaffasoft: 30k confirmed for Reno Partner in 6 Mths time that's alright plenty of time to planMarch 3, Tue, 2009Jaffasoft: 30k confirmed for Reno Partner in 6 Mths time that's alright plenty of time to plan
- Today’s Real Estate OpportunitiesMarch 4, Wed, 2009Wow! What an unbelievable time we are having in the market at the moment. It has certainly had been a little bit chaotic around the world. So what I want to do is give you a little bit of an insight as to how I feel about the financial market. First ...
- Is First Home Owners Grant Increase A Good Idea?March 4, Wed, 2009Why is First Home Owners Grant increase such a good idea? Let me tell you, when the First Home Owners Grant was first introduced, it had a huge impact on the economic growth of the country. It created fabulous stimulus into the market than any other single economic event. I actually ...
- Rents holding steady or rising modestlyFebruary 3, Tue, 2009There has been a slight up-tick in median weekly rents in the December 2008 quarter, offering some respite to renters from the aggressive double-digit price growth witnessed in the early stages of 2008. Particularly, the growing population of renters in units will be pleased to hear that their landlord's appetite for hiking up the rent seems to be diminishing. Changes in median asking rents over recent quarters are gradually slowing. In Sydney, median asking rents increased by 4.7% for homes but recorded no change within the unit market. Canberra recorded the largest quarterly increase in the housing rental market with a rise of 5% while the unit and apartment market also rose by 5.3% or a...
- Mindset Mastery 86 – Proving FaithFebruary 23, Mon, 2009Many will argue that faith cannot be proven, because in and of itself it requires no proof. Nevertheless, the power of faith—the effect of the cause—is something worth looking at. Faithful Evidence If you need evidence of the power of faith, study the achievements of men and women who have employed it. At the head of the [...]
- Video Recording of Real Estate AuctionsFebruary 16, Mon, 2009OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd It's time for consumers to get serious about the tricks and criminal conduct associated with real estate auctions. As...(read more)
- Estate Agents Should NEVER Conduct InspectionsFebruary 23, Mon, 2009OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd When unknown visitors rummage through children's clothes during a property inspection it can give rise to all sorts of...(read more)
- Neil Jenman Fights BackFebruary 26, Thu, 2009OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd Neil Jenman does most of his fighting on behalf of consumers who have fallen victim to real estate corruption. But who...(read more)
- $3bn Westfield capital raisingFebruary 4, Wed, 2009WESTFIELD Group is seeking to raise $2.9 billion from investors through a share placement.
- Rate cut pushes property to overdriveFebruary 9, Mon, 2009SYDNEY'S property clearance rate soared to a two-year high at the weekend.
- Vacanies on the riseFebruary 12, Thu, 2009OVERALL, the findings of the Property Council of Australia's 2009 Office Market Report were to be expected.
- Investment properties make a returnFebruary 16, Mon, 2009A RISE in the number of investment properties whose rental returns exceed the cost of the mortgage will trigger a recovery in housing.
- Home loan approvals spikeFebruary 14, Sat, 2009THE big news this week was the spike in home loan approvals in December, adding to evidence that the first-home buyer sector is coming to life.
- Mirvac buys $21m venture stakeFebruary 12, Thu, 2009MIRVAC Funds Management is closer to selling the entire Mirvac Industrial Trust portfolio after tidying up one of its joint-venture structures.
- Property tycoon's empire in ruinsFebruary 3, Tue, 2009THE property empire of flashy Gold Coast tycoon Jim Raptis has collapsed for the second time in less than two decades, owing creditors as much as $1 billion.
- Australian new homes sales jump 8.3pcMarch 2, Mon, 2009NEW homes sales in Australia rose 8.3 per cent in January, the latest survey by the Housing Industry Association shows.
- Part Three – What Needs To Be In An AgreementMarch 3, Tue, 2009Any partnership, no matter how small or large, and no matter who it is between, must have an agreement that covers the interest of both parties. It is best to have a solicitor draw up an agreement for you. When considering what needs to be in the agreement, work out the absolute worst case scenarios for all parties, and make sure those issues are covered. Some partnerships are between friends or family. Regardless, remember that your relationship with your partner may be in jeopardy if something goes wrong, so it is important to cover everything you possibly can in the agreement. Here are some of the areas that need to be covered. Firstly, the agreement needs to state clearly w...
- Affluent Stress: should we worry?February 4, Wed, 2009Should we be worried about a small, but rising group of people suffering Affluent Stress, brought on by the current economic chaos? Fujitsu Consulting predicts 929,000 Australians will be suffering mortgage stress by mid-year, due to rising unemployment, sliding property prices, falling interest rates and schizophrenic sharemarkets. Read the full report here. And Fujitsu's Martin North says the fastest-rising group of mortgage-stress sufferers are what he calls the Affluent - those people who invested heavily in property and shares and are perhaps towards the end of their working life. "Affluent stress is the thing we have not seen the full extent of," he says, predicting there will be 60...
- Does everybody have good neighbours? Tell your taleFebruary 19, Thu, 2009I am well placed to speak about the virtues, or otherwise, of neighbours. I not only spent my teens addicted to Neighbours, the soap opera, but ended up creating my own drama by marrying - and then being ditched - by the boy who lived next door. I have had friends whose neighbours have taken out Apprehended Violence Orders against them. Even my Grandmother, who was aged in her 70s at the time, had police-ordered intervention over neighbourly issues. (Methinks it was Grandma's Scottish antagonism that did it.) To say neighbours can be a right pain in the proverbial is an understatement. To say that neighbours are everything when it comes to property values might be an overstatement, but cou...
- GUEST BLOGGER: Ian Corfield on Stamp DutyFebruary 11, Wed, 2009You would be hard pressed to find a more unpopular tax among home buyers than state-based stamp duty on real estate. They are, depending on your point of view, a creeping tax that unfairly burdens home buyers or an important direct revenue raising tool built around user pays. What could be fairer? Pay more for an expensive property and you should be able to afford progressively higher stamp duty. Unfortunately stamp duty thresholds have been left unchanged for owner occupiers in NSW, South Australia, Tasmania and the ACT since 2003, despite a 63% national rise in house prices. This gives rise to arguments that stamp duty is a creeping tax, with critics saying half of all state government...
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