I want to discuss a few of the basic must-knows to building a portfolio and why history was important to me when choosing property as my wealth-building vehicle.
If you decide to sell an investment property consider the advantages and disadvantages before putting up that For Sale sign.
Lazy Equity is the term given to equity that you have accumulated in your property portfolio but which, for some reason, you are not putting to its most appropriate use (ie to invest in more appreciating assets). Read on to find out the the two main reasons why investors accumulate lazy equity...
My first house was a 10sq three-bed brick veneer in Bayswater, Victoria on a 900m2 block. Just imagine a brick box in the ugliest colour imaginable with an inside paint job that looked like it belonged in a kindergarten. I still don’t know why they called the suburb Bayswater, there isn’t a drop of water or a bay anywhere in sight.
Some agents have been emailing me their whole database lately saying, “exclusive off market campaign,” but their board is out the front of the site; it is not off market.