As we come to the end of another financial year, The Property Planner, Buyer and Professor delve into all things property tax and uncover the myths that can lead you astray on your wealth creation journey.
In this episode, the Property Planner, Buyer and Professor discuss data provided by CoreLogic’s Tim Lawless on Australia’s capital cities and regional areas over the last ten years. Which cities took out the gold, silver and bronze?
Covid podcast special #10 – The HomeBuilder stimulus – What it means for home buyers, renovators, jobs, the economy and property market!
The Property Planner, Buyer and Professor met this morning for a ‘breaking news’ recording on the $688 million HomeBuilder stimulus package announced by the federal government yesterday. The new package aims to safeguard the jobs of a million tradies, to prop up the construction industry which was teetering on the edge of oblivion. Home owners, first home buyers and renovators will be offered a cash grant of $25,000 for building contracts and purchase of new dwellings signed from 4 June 2020 right through to 31 December 2020.
This week we return to our podcast episodes recorded prior to Coronavirus. In this episode, we discuss "tenants from hell". A good property manager is worth their weight in gold, and equally, so is a good tenant. A great tenant who is happy and obliging will stay in your property for a long time – avoiding long gaps between tenancies, advertising costs for vacancies and loss of rental income.
In the ninth Podcast since Covid-19 took hold, we turned our thoughts to the property market forces at play, how sentiment is increasing as restrictions are easing and what’s on the horizon for property.
This week we return to our podcast episodes recorded prior to Coronavirus. In this episode, we discuss offset accounts, God’s gift to mortgage strategy! The effective use of offset accounts is one of our Top 5 strategies for creating wealth through property, it greases the wheels of the other mortgage strategies - optimisng tax deductions, ability to hold and accumulate property, money management system, risk management and offset accounts.
In the eighth Podcast since Covid-19 took hold, we turned our thoughts to the property market and the multitude of forces that determine its trajectory. We look at the stabilisers, head winds and yes, even tail winds, despite what the mass media might have you believe!
Covid podcast special #7 – Recovery lessons from recent recessions, the great depression, GFC & Spanish Flu – the market forecast
In the seventh Podcast since Covid-19 took hold, we turned our thoughts to the alarmist headlines emerging, warning that the property market will drop by 20-30%. Why in all likelihood that won’t be the case by taking a critical eye to data and forecasting, and jumping in the time machine to look at the economic impact of previous pandemics and recessions on the property market.
In the sixth Podcast since Covid-19 took hold, we turned our thoughts to focusing on planning for your next decision, as the governments start planning for, and in some cases such as WA and QLD, removing restrictions to open up the economy. It takes time to develop your property plan and selection strategy for the next purchase. This all happens before you can even begin the searching process and get your finance approved.
In the fifth Podcast in our Covid-19 specials recorded on Monday, we turned our thoughts to focusing on the green shoots, sprouting here and there, marking the early signs of recovery. In the last week, state governments have been talking about lifting restrictions, sporting bodies have been working through their plan to get back on the field and elective surgeries are back on the agenda. These are just a few of the things that have the ability to impact market sentiment.