While your personal situation; savings, credit, income, etc. play a part in a lender’s decision, there is another type of risk factor that banks concern themselves with; valuation risks. Lenders rate each factor on a scale from one to five, then make their finance...
Putting it all together Now that we’ve covered the basics of both market drivers and finances, let’s dig a bit deeper to see how we’re going to put that knowledge into action. In part one of this series we discussed marketplace drivers. Let’s see how we can spot...
The foundation of your property investing business is finances. Without capital your dreams of financial freedom will remain unrealised, so it’s vital that you get a handle on your money. Get your financials in order Pay off consumer debt As a property investor,...
What would you say if I told you that if you carefully follow a pattern set forth by successful property investors financial freedom can be yours? Would you believe me or would you say it only works for “the other guy”? At Positive Real Estate, we’ve seen thousands of...
Fear is a very powerful motivator. In fact, it’s a sure thing that if you didn’t have fear you might not be alive today. Fear’s job is to keep you safe, but sometimes it does its job too well. How? By inventing reasons to be afraid. For example, fear assumes that a...
It’s simple. Buy a property for investment, then sit back and collect the rents to fund your retirement! Ahh…if only it were that easy. Granted, investing in property is a simple concept…but the execution is another story. So how can you be successful at...
