ANZ’s chief executive Shayne Elliott isn’t buying the buy now, pay later hype and he’s not particularly keen on the other fintech craze, bitcoin, either.Sure, he says, a massive disruption looms in banking, and the likes of Afterpay have a place in the market. But BNPL doesn’t “excite” ANZ and there will remain a role […]
March 1, 2021Written by Tuan Duong Founder & DirectorCurrently, at least one-third of Australians live in rental homes. The statistic continues to grow in our capital cities, with at least 70% of Sydney residents renting their homes. Most rental houses are owned by individual investors. So, unfortunately, this means that rental contracts are generally short term […]
January 28, 2021Written by Tuan Duong Founder & DirectorWhen it comes to property investment strategies, positive gearing is considered one of the more conservative investment strategies, with most investors rather leaning towards negative gearing. According to the Australian Taxation Office (ATO), around 30% of Australians own an investment property with 40% of those being neutrally or […]
The Ibis Budget on Elizabeth Street is the latest hotel to hit the market, amid a slew of COVID-19-affected hotels up for sale.Singapore-based Well Smart Investment Holdings tried to sell the CBD holding in mid-2019 and has come back for a second go, just in time for the federal government’s interstate air travel voucher scheme.Luxury […]
February 26, 2021Written by Tuan Duong Founder & DirectorIf you are looking to renovate your investment property, you will want to consider assessing the scrap value of any assets you plan on demolishing or throwing away. Did you know that assets that are going to be thrown away or “scrapped” can be claimed for 100% of […]
December 29, 2020Written by Tuan Duong Founder & DirectorBuying an investment property can be a great way to climb the property ladder and create wealth. However, one common misconception among many first-time property investors is that buying an investment property will always result in positive returns. While this could be true, it certainly doesn’t happen overnight. Not […]