Is upgrading the home part of your future property plans? Flat or negative price growth in the property market may be the perfect opportunity to make take this leap. Founder and Managing Director of Property Planning Australia, David Johnston, provides some of his insights to negate the risks of upgrading in Daniel Butkovich’ s article on Domain.
Rentvesting has been touted as an option for both first-home buyers and potential upgraders trying to climb the property ladder without sacrificing their lifestyle. Although the concept of owning one or more investment properties while renting where you want to live has been around for a long time, as we become more sophisticated in our financial and [...]
Fractional Property Investment provides a platform to property investors to get into the market where they are not able to purchase a property outright. Founder and Managing Director of Property Planning Australia, David Johnston, discusses the critical factors to consider before you jump on the fractional property investment train for Christine Long’s in depth article on [...]
The downturn in the property market may have many home owners and investors nervous about the value of their assets. But that doesn’t mean it’s time to sell up. On the contrary, if you take a long-term view to owning property, you are able to ride out the property market cycles. The trick is owning [...]
David Johnston, Founder and Managing Director of Property Planning Australia shares his tips on the art of finding the next up-and-coming suburb, published in the Australian Financial Review Searching for the next up-and-coming suburbs and regional centres can be a risky exercise, but it has the potential to pay dividends. It requires a certain amount of crystal ball-gazing and a level of courage, but if you get it right, the rewards can be well worth the effort.
Only 2 percent of rental properties allow pets – meaning that an overwhelming number of tenants have little choice on where to live. Our property education partner and Chairman of the Property Investment Professionals of Australia (PIPA), Peter the Property Professor Koulizos, argues that it makes good business sense to let your tenants have their furry friends. We agree!
Many prospective purchasers are concerned about stretching the budget too thin when buying a home. And if you’re stretched now, what if rates rise? What if you add a child to the mix? David Johnston, Founder and Managing Director of Property Planning Australia provides some insight regarding managing cash flow and your price point for Daniel Butkovich, the Advice editor for Domain.
The NSW Government has announced a proposal for new regulation restricting property availability leased through Airbnb. Our predictions have been that it is only a matter of time before Airbnb and short-term leasing would be further regulated to tackle the possibility of rental property shortage and increased rents.
In sharp contrast to last year’s budget which had a heavy focus on property, last week’s was relatively neutral. It happens to be a budget that will precede an election, so the government could possibly be conscious of not offending voters! Last year’s budget reforms were coloured by the perception of a never-ending increase in property value, at least for Sydney and Melbourne. Now that value growth has slowed, minds are turning towards concern about how far the market might drop in value.
Parents can be a great resource for advice, sometimes whether you ask for it or not. But should first time buyers be listening to parents when it comes to property planning and mortgage strategy? We have contributed some thoughts to this piece by Daniel Butkovich, Advice Editor for Domain.