Jason’s Latest Articles
Choosing whether to put furniture into your investment properties all comes down to one, big question: Is it going to increase your cashflow?
If it was as simple as throwing a few beds and a lamp in, and suddenly getting hundreds of dollars more rent coming in each month, we’d all furnish every investment property we have.
But we don’t. And there are some important reasons why.
In a world where mental health issues are reaching rampant levels, parenting expert Kari Sutton believes our children need more help than ever before to sustain emotional resilience.
To better equip your child for the challenges of growing up in this day and age, the educator has four key strategies parents can employ.
It’s the age-old debate: as a property investor, should you buy your own home, or should you rent? When it comes down to it, either owning or choosing to rent is entirely preferential.
However, your long-term financial goals will determine how you approach this situation.
So, let’s talk about the benefits and drawbacks of both owning and renting in the property investor space.
Being a successful, smart property investor means asking a lot of questions, all the time.
Making a decision about whether or not to buy a property is never just about asking the question, “Is this a good property to buy?”
Compared to what? A three-bedroom house in Sydney, or a one-bedroom studio apartment in Bendigo? What are you comparing it against and how does it measure up?
The art of comparison is a skill you need as a smart investor because the real estate market is an ever-changing, fluid thing.
You have to look at the big picture, never assume you know all the answers and ask a lot of questions to be sure you’re making smart investment choices and decisions.
The primary reason to invest in property is to become wealthy enough to live the life you want, right?
Many property investors want to know how they can generate a level of riches from real estate and live their dream life.
The good news is that it is possible to get rich, live your dream life, and accumulate great wealth from property investment.
But – and this is a big but! – property investment is not a get-rich-quick scheme. Anyone expecting to make a billion dollars overnight is going to fall flat on their face.
My wife Shay and I don’t just do life together, we do business together too.
Starting Positive Real Estate wasn’t always a smooth ride and as a couple we experienced some low moments – both personal and financial.
However, one thing that has always remained a top priority for us is ensuring we are continually working on our personal growth.
Being a smart and successful property investor means dealing with tax – all different kinds of tax, all the time. When we talk about tax as investors, we see our cash go flying out the window, but the more you know about tax and how to reduce it, the more cash you can keep. Having a smart investing strategy around tax will save you money by minimising your payments and maximising your returns, so you need to get educated. So, what are the different kinds of tax you’ll face as a property investor and how can you navigate them?
As humans, we are genetically programmed to be more alert or responsive to negative or bad aspects or “danger” signs. This is all thanks to our cave-dwelling ancestors and the fact they had to be on high alert should a lion wander in during dinner time.
In terms of property investing, it’s easy to get scared off by negative reports, chatter and hearsay, that have little or nothing to do with the actual moving parts of the market. Add to that the fact that we tend to give more weight to bad assertions than good ones and we’re stuck in a rut of fear and inaction.
Bronnie Ware is best known for her international top selling book – The Top 5 Regrets of the Dying. After spending years as a carer for people at the end of their lives, the author noticed a theme of regrets that sadly, many of her patients were unable to cleanse.
However, through her experiences Bronnie has collated these raw and vulnerable encounters into transformative teachings that we can all learn from. In a heart-felt discussion on The Wealth Faculty Podcast, Bronnie shares some of her powerful insights.
Being a successful property investor isn’t about being an expert in all things. It’s about building an investment team, all of whom have an integral role in making your investments a success.