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Saving up the cash for a deposit on a second property can be just as difficult as saving for your first home. So how do property investors manage to get their hands on enough money to build a decent portfolio? The answer is equity. It’s a hidden source of wealth that grows inside your property
Read More...Principal Edge Financial Services has broadened its advice offering to clients by integrating mortgage services into its growing business. Principal Edge Financial Services is a privately owned boutique advice practice who has been providing tailored advice solutions to their clients for close to 30 years. It has been through these client interactions they recognised that
Read More...It’s generally a good idea to protect and improve the sale value of your property, even if you’re not intending on selling in the immediate future. Continuing to invest in and develop the property so that it remains modern and well-maintained will help to grow its value consistently over time. There are, of course, plenty
Read More...The Reserve Bank of Australia met for its May meeting today (4th May 2016) and decided to cut the official cash rate to an historical low of 1.75%. With the Australian dollar low and the rate of inflation falling, the RBA said they have made this move in an effort to cut the cost of
Read More...When it comes to financing your investment property, there are several different options that you can use. Ultimately choosing the right one will depend on your investment structure and strategy, but here are the most popular loan types used by property investors in Australia today. Variable Rate Loans With an investment loan, interest is generally
Read More...With the busy autumn property market in full swing, The Reserve Bank of Australia met yesterday for its April meeting and decided to keep the official cash rate on hold at 2.0 per cent. Some forecasters were predicting that the RBA would cut rates in light of the rising Australian dollar. However rates have remained
Read More...Saving up your deposit is the first step in buying a home and when your bank account balance starts to look good it’s easy to get excited. But it pays to be realistic. Exactly how much money is enough? In this article we take a look at some of the upfront costs involved with buying
Read More...The Reserve Bank of Australia met on the 1st March for its quarterly meeting and decided to keep the official cash rate on hold at 2.0 per cent. Forecasters widely predicted today’s decision, however many are speculating that a rate cut is on the cards during the first half of 2016. The RBA has previously
Read More...Summer is finally here and it’s the time of year when we all start dreaming of owning our own holiday home and enjoying endless sunny days by the sea. But is buying a holiday home really a good financial decision? Is there a way to make a holiday home purchase work as an investment as
Read More...Summer has arrived and at its final meeting for 2015 today, the Reserve Bank of Australia has again elected to keep the official cash rate on hold at 2.0 per cent. With its next meeting not scheduled until the first week of February next year, we can look forward to the cash rate remaining at
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