Empower Blog Decision Making Process

Be a Farmer, Not a Hunter

Bryce appears again in Money Magazine ... this time in their Special Edition issue! In this article, Bryce talks about the importance of being a farmer, not a hunter when it comes to a property investing. The theory behind it is that you need to play the investment game for the long term, planting tree seedlings now so that you will sit, c...

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Three Forces That Shape An Investor’s Character

If anyone’s interested in building a property portfolio, they usually focus on the mechanics and the doing. The asset selection, the finance and those sorts of critical things. But we need to have a think about the psychological side of it as well—because, quite often, not a lot of people who want to successfully build their portfolio, do it. S...

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Four Essential Levers to Building Wealth

So, I previously spoke about the fact that it's really important you know the number that you need to retire on. The actual income figure for you to live a comfortable retirement lifestyle and, therefore, the worth of an income-producing asset you will need outside of family home. Today, I want to have an extension of this because once I know th...

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Seven Ways To Jeopardise A Deal

So one of the things that you should always consider when you are buying a property is that it really comes down to four parts when you are doing a deal. You got to Clarify what you are after; you got to go and Find the properties whether they are off-market or on-market; you got to Assess the property that you found against the criteria that you c...

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Seven Tactics of a Property Spruiker

As a property investment Advisor I'm often asked by people: “How do you actually avoid property Spruikers?” “What is it that you're actually looking out for?” And I think it's important to revisit what the definition of a property spruiker is. There are three groups of people in my mind that you can take your advice from when you'r...

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Five Key Things to look for during a Property Inspection

Have you ever inspected a property on a Saturday? You arrive at the property, you get out of the car, you shake the agent's hand, you leave your details as you go for a wander through, and you get back in the car. And then later that day, you try and recall some of the things you remember about that property, and you go totally blank. If so, you a...

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Are Tenanted Properties always a Good Investment?

So what I want to talk about today is whether or not you would consider buying a property that is tenanted and whether that is an advantage or a disadvantage. At first value, it probably sounds like nirvana isn't it because it does have some pros. I mean, there is negotiation strength that comes with that. The property market is roughly 70% owne...

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Will it be harder for First Home Buyers?

So with all of this prosperity, this economic prosperity that Australia is enjoying; there is one group of people who are looking in at the property market thinking, “Can we play the game too?”. And of course, I am talking about the first home buyer. They're finding it increasingly difficult to get their foot on the ladder. Because let's think ...

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Should You Invest In Property Overseas?

As a Qualified Property Investment Advisor, I often get approached by clients asking me about investing in property overseas. They've been on a recent vacation, and they bring back a brochure telling me about this amazing opportunity they've got in Bali, Spain, the UK or in America. Ultimately, I try to dig into the main motivation for them to inve...

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What happens when the property passes in to you?

So if you are interested in buying particularly in the bigger cities of Melbourne and Sydney, chances are for the good properties you are going to have to go to auctions to purchase them. And for a lot of people, they really don't like the auction process. It's scary and it's in that public speaking environment but what happens if the property pass...

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What is The Practicality Test?

Hi, Ben Kingsley here. In this Expert How to Video, I want to talk to you about or introduce another concept which flows on from The Buyers Decision Quadrant. Now you can check out the Buyers Decision Quadrant video in this area of the expert session under our How to Videos but I want to basically bring that further. I want to talk about the Practi...

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The property self assessment test

When we’re building property portfolio plans for our clients, there is a section we go through as part of learning about them. And that section is what we call the property self assessment test. We ask them whats their level of skill and what’s their level of experience in being able to do this themselves. So we ask them to rank that between 1 ...

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Putting theory into practice in asset selection

One of the things that I think is really difficult for property investors is bringing the theory and then putting it into practice. We've always talked about the bigger picture of what we should be looking for in an asset selection. So you know, in terms of owner occupier appeal rather than investor only appeal. We've talked about it needing to be ...

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