In my property coaching practice, I have noticed chattels valuations are a key aspect which is often overlooked. Because of this, many investors are missing out on valuable tax deductions - and extra money in their back pocket! Why are…
As many a commentator has said over the years. If you are the smartest member of your team you are in trouble. Property investors who are successful have a good support network, i.e. mentor, accountant, lawyer, mortgage broker, etc. Obviously,…
When was the last time you increased, or even considered increasing the rent on your investment property? As a property coach, I recommend my clients undertake a rental review every six or twelve months. If it is relevant to do…
Utilising the services of a property manager can be a good idea for property investors - particularly if you are living in a different city or country to your rental. It does pay to do your homework. Choose a property…
O.P.M. - Other People's Money - is a very interesting concept. It would have to be the most widely used method of acquiring wealth. Saving alone does not produce enough to create wealth due to the constraints on how much…
To increase the value of your investment property, you can do little things like: Add a deckRepaint throughoutAdd a garageWaterblast the exterior These sorts of things add value for you and also will enable you to get a better tenant…
Stools have a tendency to fall over without 3 or 4 legs. The same goes for investing in property: For example: Leg one is the SolicitorLeg two is the AccountantLeg three is the Mortgage ProviderLeg Four is the Property Manager…
If your answer to the above question is yes, then you could be in deep trouble. In order to be successful with investing in property, we need to surround ourselves with a team of experienced people who can help us to…
Here are my 4 top tips for aspiring property investors: Run it as a business. Property Investment is not a hobby. Treat it as a business and the business will treat you well in return. Create a plan, set goals,…