Brisbane’s auction clearance rate is not the number to watch
Brisbane's 21.2% auction clearance rate came off 138 auctions in a city where nine in ten homes never go to one. Watch days on market and sales volumes.
Category Property Investment
What can a VA help a property flipper with?
My reno ran 10 weeks against a 4-week plan and still came in on budget. What a property flipper can delegate, and what you must keep yourself.
Discussion – Real Estate stimuli
Australian Government has been throwing quite a lot of stimuli for real estate market in 2020-2021. Most of them aim to ease the effect of COVID-19 pandemic. Some of the stimuli include the Home Builder grant, the Stamp Duty exemption…
Discussion – Real estate supply
Tl; dr; Supply is determined by the following factors: Available land that can be rezoned/released in the future. Possible subdivisions in the area. Current property types, e.g. apartments, houses, units, etc. How fast between approvals and new properties entering the…
Investing – my thoughts on comparison rates
Tl; dr; Interest rate is the pure rate charged on outstanding loan balance. Comparison rate is interest rate plus certain fees, defined by the banks. If your goal is to smash the loan as fast as possible, high comparison rate…
Investing – the trash talk with Landfill levy
What is landfill levy? Source: Landfill levy, or waste levy, is a tax applied to waste types by weight. The government designed it to incentivise waste generators to reduce general waste, and increase diversion through recycling. Governments also use…
Discussion – what exactly do you own in real estate?
Tl; dr; By owning the title of the land, one has the right to the air above and the earth below. If you find something valuable, e.g. gold nuggets, in your backyard; it belongs to the Crown. Air rights In…
Investing – Some thoughts on the Real Estate market
Recently I have been listening to quite a few podcasts and videos about real estate investing. And today I listened to a few pieces of thoughts that I find interesting. Which I decide to note them down for future references.…
Book review – 20 questions for property investors
Tl; dr; After a rough filter of all regions that you can scan, an investor can apply 20 questions in a specific order to determine if the property is a great one to buy, or quickly eliminate it from the…
Discussion – Deposit bond
Tl; dr; What is a deposit bond? A deposit bond is an insurance policy. It covers the vendor in the event that the buyer defaults on the purchase. The vendor will receive the full amount of the deposit, should the…