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It’s never too late to stop being scammed

As a property investment advisor you will inevitably be faced with the question at some stage of your career… “Will I chose PRIDE or will I chose PROFIT?” because in the property investment industry there are some very lucrative commissions that are on offer when a property transaction happens – particularly brand new property. At first ...

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Top 3 Tips for Buying Property at Auction

I must admit, I‘m incredibly fortunate to enjoy the professional life that I do.  I get significant job satisfaction in my role as Director of Empower Wealth helping our clients achieve their financial goals through residential property investment - as was recently featured in the cover story of the March Money Magazine  “Earn $2,500 per week...

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Checklist for a Great Property Manager

One of the many things we do that our competitor Buyer's Agents don't all do is offer an independent recommendation when it comes to the final stage in your property purchasing journey. We don't just leave our clients with a great property and wish them well, we actually take an active role in making sure their newest asset is managed by a professi...

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Fifty Shades of Underquoting

There are different levels of underquoting but when will it be considered unacceptable? As the media keeps reminding us, we find ourselves in the midst of a Buyer's market.  There are many aspects of this current market which also remind us of the current status; from lower than average auction clearance rates to reducing interest rates.  On...

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The Impact of Knowledge

Previously, we've discussed the “inputs” that will be required for an Investment Strategy starting off by talking about the different ways that money and time will be required to implement an investment strategy and their impacts on the outcome of that strategy. Another key input that will be required of any prospective investor is knowledge...

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Why are people so scared of auctions?

It’s true. Melbournians are scared of auctions. For some, the very idea of an auction sends adrenaline rushing, but for others it throws a great property listing onto the scrapheap before they have even seen it in real life. We constantly field questions about auctions and introduce ideas for clients to combat some of their auction concerns. ...

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Predictability in an Unpredictable Time

How does that saying go…"Change is the only certainty in our world”.  It’s true, all things change, some quicker than others, but over time change is inevitable. When you put your investor’s hat on the same thing rings true. Markets are constantly changing.  Investments that were nice earners over the past few years might now be stagna...

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A Good Conveyancer Pays Dividends

We all acknowledge that buying property is a big financial commitment.  And an important professional involved in the purchase process is a Conveyancer. Too often buyers make the mistake of bringing the Conveyancer in after they have purchased the property - BIG MISTAKE. Good conveyancers can add a great amount of advice and values within th...

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How do you Get Started?

In the previous Newsletter, we looked at the first step in Money Planning  -  knowing where you are now  -  and outlined the sort of information that you would need to collect to be able to prepare a picture of your current financial position. But that’s only the beginning - your financial position will be constantly changing over time, an...

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