Reading Time: 2 Minutes We were away for a birthday weekend and on very short notice, I thought I would interview my good friend and leading real estate agent – Michael Taylor from Stanton & Taylor, Penrith. Michael shares some common pitfalls as well as tips for buying and investing. His family business has been around for over 60 years so there’s a ton of knowledge to share! (Excuse the sound quality as I left my microphones at home). I hope you guys got some value out of that! Thanks again to Michael, for being such an accommodating guest on such short notice. And again, apologies for the sound quality……
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3 Common Structures When Buying Property (Youtube Video)
Reading Time: 2 Minutes Howdy all, another Youtube video for you guys. So, if you have ever wondered what is the best structure to purchase property in, then please have a watch below! Buying property has both legal and tax considerations so we must get it right first time, as it will be costly and difficult if we need to change later on. Transcript: Today’s video goes through the 3 common structures of an individual, a company and trust as well as the pros and cons of each. It’s important to consider your ownership structure because it may have tax as well as legal consequences depending on which structure you…
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June Net Wealth Update
Reading Time: 2 Minutes Amazing that we are past the halfway mark of 2020 already. Does anyone else feel like the height of the pandemic in March was only yesterday BUT somehow feels so long ago? “Puts hand up”. May’s net wealth update highlighted the risk of a 2nd wave, and with Victoria in lock-down and NSW seemingly next, that 2nd wave is on our doorstep. Please. No. More. I think most of us are pretty much over 2020 and just looking forward to 2021. But I feel like we haven’t seen the last of the volatility, and with that – the rollercoaster of the markets… I’ve been trimming some…
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What To Consider When Buying Property (Youtube Video)
Reading Time: 3 Minutes Hello all! Here’s the latest Youtube video, following on from one earlier about steps involved in buying property. Always important to know what to look out for if you are in the property market, especially if you are a first-timer or newbie! If you are more of a reader than a viewer, here’s the edited transcript below: Things To Consider When Buying Property For most households, buying property is the largest expense we will incur, so we want to get it right. Here are some general things to consider: Research Local Area These may be such things like high vacancies or over-supply in the local area.…
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Financial Lessons From 2020 (So Far)
Reading Time: 5 Minutes Whoa ladies and gentlemen – it’s the midway point of what has been a VERY interesting year to say the least. A big determinant of future success is leaning on past experiences and it’s always good to have a bit of self-reflection. Therefore today’s post will be the perfect opportunity for that. Now, before we begin – these are my lessons for my future self, you may agree, you may disagree but I do hope you find them thought provoking. Lesson 1 – Nothing Beats Experience I think 2020 has once again shown up the fundamental difference between book smart vs street smart. I look back…
