Everyone makes mistakes! Learn from the mistakes that Sally and James have made in a career completing hundreds of renovations, as well as the ones they see out in the field on a regular basis.
Where the hell have we been?
Jul 12, 2021
Where the hell have we been?
... That's a good question.
We've actually had messages asking if we've given up thanks to the Government's tax changes and anti-investor sentiment, since we've been quiet online. 
The truth is far from it. In fact, that is pretty funny, since the changes have only made trading property MORE attractive and lucrative than ever. We have never been as busy as we are at the moment and the calibre of the deals is significant.
Which means we've been a bit quiet on the social media front. Sorry. 
We will aim to post more over the coming weeks, and we're pretty sure you will love to see what is happening out there!
So, here's a quick snapshot of what we're seeing;
Market Momentum: It's no secret that the market is still 'strong', anyone with one eye on things can see that. Prices continue to surprise us, and this has exacerbated the importance of being a market expert and staying 'on the ball'. Some...Property Renovation Tips and Traps
Oct 17, 2019
Why? So you can avoid them!
** (This video is an excerpt from AssetLab's Masterclass 'Renovation Tips & Traps' taken from Module 5 ) **
There is substantial value in knowing what can go wrong so that you can steer away from it. After all, 'we don't know what we don't know'. This training video is designed to bring you in to 'the know'.
Any questions? Ask away on the Facebook Forum.
Now, go and create some equity through renovations!
When you are ready, here’s how we can help you succeed:
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Investor Mistakes: Treating it as a hobby, not a business
Oct 10, 2019
By Arn Mehta
Disclaimer: Nothing is this article is meant to constitute financial advice of any kind, and is the opinion of the author only. Seek professional advice before making any financial decision.
Property Investment is a business, not a hobby.
Or so I thought.
With property, we are dealing with big numbers and although I knew it was a business, in reality I never really treated it as such. As a result, in the early years I only got the results one would expect you would get by treating it as a hobby.
In my naïve way of thinking, getting a tax refund at the end of the financial year was a great thing. I remember being ecstatic that in some years my tax rate was in effect 0%. That meant that all the tax I had paid through the year was refunded to me. Why? Because I had a huge amount of losses to offset against my personal income. My properties were making a huge loss year on year and I was excited.
However, if we...
Property Investor Mistakes: Not knowing how to negotiate
Oct 10, 2019
Not knowing how to negotiate can cost you thousands!
The art of negotiation in Property Investing is key. You may have been told that a great investment is all in the purchase and this couldn’t be truer.
I myself was an awful negotiator when I first started property investing. Rather than having that awkward conversation with an agent about how my offer would be $80,000 below the asking price on a property, I would just walk away from it. I would often find out that eventually it would sell close to what I would have offered. The problem with walking away is that I missed my opportunity to help condition the vendor or to find out where they truly sit. Also had I offered, then the agent would have thought of contacting me when the vendors started to become realistic. I may have then had another opportunity to try and secure the deal.
Not only have I made mistakes with not knowing how to negotiate I have also witnessed them. Through...
Article ‘Getting Into Line’ by Graeme Fowler
Oct 10, 2019
Article ‘Getting Into Line’ by Graeme Fowler written in 2004.
Disclaimer: Nothing is this article is meant to constitute financial advice of any kind, and is the opinion of the author only. Seek professional advice before making any financial decision.
“Get into a line that you will find to be a deep personal interest, something that you really enjoy spending 12 - 15 hours a day working at, and the rest of the time thinking about.” Earl Nightingale.
Above is one of the quotes I have used in my book. I think for the people starting out in real estate, in business, or any profession for that matter, it’s important to really understand this quote. Too many people are looking for a quick fix, or the one answer or idea that is going to be the secret to making them rich. While this can happen, it is rare and your chances of winning Lotto may be a better bet.
Think of it this way: – let’s say you’re...
