Property Investment News Queensland

Navigating a busy career in patient care while pursuing homeownership might seem challenging, but as a medical professional you have access to specialised home loan programs designed to simplify the process and save you money. These mortgages for medical professionals consider your unique financial circumstances, providing the support you need toward buying your dream home. Why do lenders offer these exclusive benefits? Medical professionals are highly regarded by lenders du

In recent years, Mortgage Brokers have become the top choice for Australians looking to secure home loans. New data from the Mortgage & Finance Association of Australia (MFAA) revealed that mortgage brokers accounted for a staggering 73.7 percent of all new home loans in the quarter ending June - marking the second highest result on record. That’s nearly three-quarters of borrowers choosing brokers over banks and it’s easy to see why. A record-breaking preference Mortgage b

I will quickly define these two concepts of cash flow and capital growth as they apply to property investing. Cash flow This is the difference between how much money it costs you to own the investment and how much money you get from it. Case Study: negative or positive? So if you pay $20,000 a year on the investment home loan, rates, and property maintenance and receive $14,800 a year in rent, your cash flow is minus $5,200 each year, meaning that it costs you $100 per week t

ne of the biggest concerns of would-be-investors are the risks of them becoming unemployed or having problem tenants who might damage their property or stop paying rent. The answer is to ensure you are properly insured against these circumstances. Key Point: Income Protection Insurance and Landlord Insurance are a must when you own an investment property. Don’t leave yourself exposed. I have had one bad experience with tenants where the real estate agent had to organise an e

When setting up your home loans, one of the most important decisions you will make is deciding how to implement these steps, starting with getting the right home loan, setting it up correctly, and reviewing it regularly. To do this most effectively, you need a trusted advisor. Find a trusted advisor The way I see it, the answer comes down to two things: Trust — in whose interest is it that you pay your home loan off fast? Competence — who knows how to do it properly? When it