API Blog :: Have your say!

January 18, 2012

Accuracy of real estate listings


I’ve recently been toying with the idea of buying a property in another state. Diversification of my portfolio is one reason that I want to look further afield than my home state, and another is that I think there’s good growth to be seen elsewhere.

BY VANESSA DE GROOT

My dilemma, however, is how to go about it. I really don’t feel comfortable buying a property that I haven’t seen, but let’s be honest, I can’t fly to another destination every time I find a property that looks worthwhile to check it out.

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January 11, 2012

Do we need to change our system?


I’ve been researching the US property market recently and I’ve been getting a bit envious. But it’s not because their properties are cheaper and returns are potentially better.

BY VANESSA DE GROOT

The one thing I’m really envious about when it comes to their property market is the fact that they have two realtors in any transaction. Rather than just having a selling agent that works on behalf of the vendor, there’s also an agent that works on behalf of the buyer.

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January 4, 2012

Do we complain too much?


I recently interviewed an investor who appeared in API and was very much inspired by her story.

BY VANESSA DE GROOT

She was a Russian immigrant who came to Australia in search of a better life and has begun to build a very respectable property portfolio.

This lady is just so happy to be in Australia, where the opportunities are endless, and it made me realise how extremely fortunate we are to be in this country, where we have immense freedoms and the ability to do just about anything.

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December 21, 2011

New year resolutions


Happy new year! Well, almost. Since we’ll be seeing in the new year – 2012 – very shortly, I thought it was time for me to write down some new year resolutions this week.

BY VANESSA DE GROOT

There were lots of things on the list, including trying to improve my golf game and become a professional cyclist, seeing as I was recently given a new bike, but I also had lots of financial goals on my list.

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December 14, 2011

You and your bank


Every property investor (except for a few rare exceptions) needs to use a bank, or some form of lender, to undertake their activities. Without a lender, we wouldn’t be able to invest. We need someone to lend us some money to buy our properties and renovate if we choose.

BY VANESSA DE GROOT

But how many people really pay that much attention to their lender, or really research all the lenders out there before deciding which they’ll go with?

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December 7, 2011

Stick to a financial plan


In this day and age many of us – especially in the younger generations – are used to getting what we want when we want it.

BY VANESSA DE GROOT

But often that instant gratification is not the best thing for us, or our future. “Why on earth not?!” I hear you ask. And the answer is that it’s often better for our financial health to wait for the things that we desire so much.

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November 30, 2011

Name your price


I’d really like someone to talk me through the thought process behind not disclosing a price – or price range – for a property that’s listed for sale.

BY VANESSA DE GROOT

In some ways I can see why people do it – I suppose it means you’re not limiting the potential buyers for a particular property. With no particular price listed, you might just draw in some people who wouldn’t ordinarily look at it and once they see it, they’ll fall in love with it and decide to go that extra mile and pay more.

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November 24, 2011

How much leeway?


Following on from my blog a couple of weeks ago about pets and properties, which generated some very interesting comments, I’m wondering how much leeway investors out there give to their tenants.

BY VANESSA DE GROOT

I’ve got a tenant for one of my properties who’s a couple of months into a six-month lease and I’ve been informed by the property manager that she’d like to install Foxtel.

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November 16, 2011

Nightmare settlements


How often do property settlements go according to plan? From the stories I’ve heard recently, it doesn’t seem to be too often.

BY VANESSA DE GROOT

I had a bit of a nightmare settlement recently, where I thought everything was on track, but I obviously had my head in the sand, as I was informed by my mortgage broker on the Friday afternoon before settlement was due on the following Monday that I best push it back by at least a couple of weeks.

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November 9, 2011

Pets and properties


Lately many of my friends have been getting pets. I suppose I’m at that age where people get animals as a test run for children… and I’ve noticed that these friends of mine really do treat their animals like they are their babies!

BY VANESSA DE GROOT

For instance, while many people would believe that animals should largely live outside, one particular friend of mine – let’s call her Jane – keeps her two puppies (they’re quite big now) inside. They roam about the house, they sleep in cages inside and they slobber all over the floor.

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