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/reduction. Let us have a look and discuss who actually benefits from the grants, and what […]
Discussion – Real estate supply
During my readings of The Armchair guide to Property Investing, there is a good section discussing about the supply and demand of properties. Let’s have a summary of the supply side. 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 […]
Investing – my thoughts on comparison rates
So I recently completed a refinance. It took me over 3 months from contacting the broker to the day the account is created. I just want to share some thoughts on the difference between interest rate and comparison rate. And when one is more beneficial than the other. Tl; dr; Interest rate is the pure […]
Investing – the trash talk with Landfill levy
On February, the State of Victoria rolled out a new program, Recycling Victoria. Among many information about what we will tackle the rubbish and recyclable materials, there is an item that could affect us as real estate investors. Tl; dr; Landfill levy is increasing from $65.90 to $125.90 per tonne in 2023. Eventually it will […]
Discussion – what exactly do you own in real estate?
Recently I ran across some interesting matters regarding what do we own in terms of owning the title of a piece of real estate. I think it is useful to note down and share with people. Tl; dr; By owning the title of the land, one has the right to the air above and the […]
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. Tl; dr; Land is a commodity, house is a consumer good. Income growth is a […]
Book review – 20 questions for property investors
Margaret Lomas, the author of 20 Must Ask Questions For Every Property Investor, is a financial adviser who has been operating in Australia for quite some time. And in her book, she discusses about a system to determine if a property is suitable to add into your portfolio. Tl; dr; After a rough filter of […]
Discussion – Deposit bond
I just learned about something called Deposit bond while reading How to achieve Property Success by Margaret Lomas. It is quite helpful in helping people buying properties more efficiently. Tl; dr; Deposit bond is an insurance policy that purchaser gives to the vendor, instead of the deposit amount. This can be done because of various […]
Discussion – Rental guarantee
Many property advisory companies promotes their properties with rental guarantee benefits. While this sounds reasonable and brings many benefits to the buyer. Let us take a better look at this benefits. Tl; dr; As the old saying goes, “If it sounds too good to be true, it probably is.” Rental guarantee often indicates that the […]
Discussion – My goals for 2020
Setting goals is a good way to start the new year. Here are the outline of what I plan for my life in 2020. Tl; dr; Straighten my finance. Purchase at least 1 more property. Grow emergency fund to 3 months living expense. Write at least 52 blog posts. “Challenge” gather a good deal to […]