Empower Blog Mistakes

Ask Bryce – What do you think stops Australians from investing in property?

A:  Fear of debt!  I think most Australians' are conditioned from previous generations that debt is a necessary evil, but it should be avoided as much as possible and reduced quickly when used… but investing in property means you are getting into more of it!! With this in mind, I think it helps to know that there are three types of debt – ho...

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Is the Real Estate Agent a Friend or Foe?

I’m often amused by the antagonistic approach that some buyers adopt when dealing with a real estate agent in the midst of a negotiation.  Sure, the agent is employed by the seller to get them the best price and terms and draw as much money as they possibly can from the buyer but equally, they’re a crucial cog in the chain for you getting the ...

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What has Bungy Jumping got to do with Property Investing?

It was the summer of 93 and I’d just entered my first year at Uni ready to embrace the freedom of life ahead of me… one full of expectation, opportunity and adventure.  It was the year I turned 18 and a bunch of my mates had all pitched in to buy a bungy jump experience for my birthday.  We’d recently just come back from our schoolies week ...

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Property Investment – Safe and Easy……REALLY?

The early 2013 signs are positive for a return to capital value growth within the residential property sector, as agents report significantly more enquiry and general interest as consumer sentiment improves. Once again the media will add to the potential ‘hype’ as it loves either a falling market or a rising market because it makes for good he...

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The 7 Biggest Property Investment Mistakes

If I were to ask you what do you feel more comfortable with, investing in shares or property? The majority of people would say property.  The reason for this is because property is something that we all have experienced in our lives, so naturally we automatically assume we understand it better than shares or managed funds.  Shares on the other h...

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Another look at Leverage

In earlier articles in this series, we have been discussing the “inputs” that will be required for an Investment Strategy, talking about the different ways that money, time and knowledge will be required to plan, implement and manage an Investment Strategy and how these factors may impact on the outcome of that strategy. In the previous arti...

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Having your Cake and Eating it too?

I’ve educated, met with and advised thousands of people and households about money, finance and their wealth creation endeavors for many years now and on occasion I reflect on the many types of investors, their money management and investment habits as well as their general financial and personal goals and I thought it might make for some intere...

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Ben Kingsley on 10 Home Buyer Traps

Buying your home will undoubtedly be the biggest purchase you'll ever make, so you want to make sure you get it right. In the November 2012 Issue of the Money Magazine, Ben Kingsley is interviewed to provide the Top 10 Home Buyer Traps, identifying the most common Mistakes/Pitfalls that home buyers can make. Amongst the common mistakes that Ben lis...

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Why Most Investors FAIL to build a Multi-Million Dollar Property Portfolio

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Generation Y and How They Think Differently About Property

Many people's understanding of Generation Y's characteristics include those of self-confidence, questionable work ethic, a penchant for instant gratification, impatience and an unwillingness to take on adult responsibilities... in fact the list of negative attributes goes on. But the reality is that we Gen X's and Baby Boomers are only just startin...

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Finance Talk: Seek Help For Those Big Life Decisions

We all know that buying your first home is at that moment in time most likely your most confronting finance and one of a big life decisions as well, but from that moment on throughout your life you are going to be faced with making big decisions about your finances, your well being, your future etc, etc. So it’s only logical that you seek advice...

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‘Off The Plan’ and New Property as an Investment Asset?

You know the saying “I wish I had a dollar for every time…..” Well in my case this saying rings true for people buying ‘off the plan’ properties and seeing the price they paid come in at a lower valuation once the property is actually built. So for me I wish I had all the dollars that made up the shortfall in valuations from the purcha...

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The Value of Enlisting Property Specialist Help

Like other property specialists, much of our work, aside from researching and finding good property, is negotiating and bidding for my clients. We enjoy the task of establishing an estimate of the value, the future prospects based on historical performance and the gross rental yield, but most of all we like the agent-advocate negotiations. So much ...

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