Mario’s Blog
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5 rules Monopoly can teach us to win as a Property Investor
Monopoly has been a classic board game for over a century. It’s a real estate trading game played for fun… and for a chance to be a real estate tycoon. The game rules are interesting as there are some valuable lessons all investors can learn to win at the game of property investing. Read full Story
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The simple money
In my daily work, a common theme I see is that people generally don’t have a good handle on their money. Money is no longer simple and most transactions are electronic with no physical exchange of cash. This could be part of the problem, however I think it’s more than that. Let me explain… Read full Story
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Bank loyalty is costing you more than you think
Depending on your age, you may recall the good old days when loyalty was a positive attribute (relating to banking) and doing business with the same bank worked in your favour. Nowadays, this is no longer the case as maintaining a home loan with the same lender for many years is costing you, irrespective of how good the deal was when you first took out the mortgage. Read full Story
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7 reasons why P&I loans now make more sense
As the saying goes, if you’re standing still, you’re going backwards. Up until 6 months ago, deciding on P&I or IO repayments was easy, as the interest rate was the same for either, and the repayment type didn’t impact your borrowing capacity. Today, it’s a very different story. Read full Story
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Prioritise to improve your borrowing potential
Knowing your financial priorities is now even more important when it comes to borrowing money, in fact it will be your secret weapon. Borrowing money is necessary (for most people) when buying a home or an investment property. The debt you take on, and the order which you do it in, will impact how much you can borrow and when. Read full Story