Mario’s Blog2019-07-09T13:58:54+10:00

Is ‘The Block’ TV reality show derailing you as an Investor?

No doubt you're familiar with the TV reality show The Block, hosted by Channel 9 (in Victoria). The reality show is currently running another series at a site in St Kilda, Melbourne.  If you're a fan of The Block, and a fan of property as an investment vehicle, then perhaps it's a timely reminder to ensure the success of the show does not derail you as a property investor and does not cost you in long-term wealth?

Are Interest Only loans still your best option?

Interest rates are a hot topic right now. Up until recent times, home loan rates were identical to investment loan rates. Over the last few months, banks have been slowly increasing interest rates to the point where Interest Only (IO) loans are 1% higher than Principal & Interest (P&I) loans. With a 100 basis points price difference, one must consider whether it still makes financial sense to pay IO on your mortgage.

Higher interest rates… Higher property prices… What’s next?

Higher interest rates... Higher property prices... What's next? The truth is, does it really matter? All these things are out of your control. BUT what you can control is your mind, and that is the only thing that will make ALL the difference between your financial position today to your financial position 10 years from now.

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