AUGUST2014 – FEELING THE LOVE
IN THIS ISSUE: Monthly Highlights
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Reports you should read
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Magazine Summaries
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Magazine Summaries cont.
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FREE Resources
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MONTHLY HIGHLIGHTS This month has been so busy. In the offices we are preparing for the opening enrolment for new students in The Ultimate Guide to Renovation October course. Enrolments will only be open for 4 days so if you are interested make sure you don‟t miss out. Register your interest now. That aside it is obvious that the property market is on a high. There have been so many people buying properties and so many interviews with property experts my head is spinning. However this month the nicest thing has been the amazing feedback I have received from my Investors Choice Mortgage and Your Property Success clients. I would love to share some of the emails and conversations with you because sometimes it is nice to know that it is all worthwhile:
“Jane my husband I are successful investors but our kids were not interested – after all who listens to Mum when you are in your 20‟s? So I bought all four of the kids a copy of your book. Now they are on the phone to me all the time asking the „right‟ questions. Thank for changing their future!” Michelle Then there was this one which really touched me, a single Mum doing it tough
“Hi Jane, after your email yesterday....today I woke up feeling like there was a light at the end of the tunnel :-)” Sue “Jane you nearly made me lose my job – I was so engrossed in your interview on the iTunes podcast Everyday Property Investing that I sat in the car park for 30 mins after I arrived at work! Regardless I loved what you had to say.” And directly from my Private Facebook group for The Ultimate Guide to Renovation – Russell was sharing the warts and all of his recent renovation where he returned $8 for every $1 spent! A fabulous result.
“Prior to the course, I always wanted to do property investment and talked for many years. Hand braked and too scared to act.Education and great people surrounding you gives you great power” Russell Anyhow enough of that – I love my job and I love sharing with you the information, tips and resources that have allowed me to build my property portfolio. If you feel I have helped you then I would love you to endorse my nomination as Property Investment Adviser of the Year (for my company Your Property Success) voting closes 31/8/14 and you could be in the running to win one of6 prize packs worth over$1750http://survey.keymedia.com/au/yip/2014/ReadersChoice/ AUG|2014 Till next month, Jane PAGE 2
Reports you should read Herron Todd White This month’s report is a little dark. HTW looks around the market and tells where you should stay clear of. With so many people saying ‘buy buybuy’ it is great to see the otherside. CLICK HERE to download.
The Best Renovation Suburbs Residex and Your Property Investor Magazine Finding good areas to renovate properties in can be a challenging task. A lot depends on your budget, willingness to travel and whether you're planning to do the renovations yourself or with professionals. This report provided by YIP Magazine is a great place to start your research. Click here to see report
Capital City Market Conditions at a glance A quick look around the country to see what stage the markets are in. Data is sourced from Herron Todd White. Source August 2014
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RP Data - Wrap Watch this 10 min video – for a quick recap on the state of the market according to the RP Data and Rismark home value index.The RP Data Rismark July home value indices results out today confirmed that Sydney and Melbourne continued their strong capital gains trend, with dwelling values rising 2.0% and 1.8% over three months ending July 2014, taking dwelling values across the combined capital cities index 1.1% higher over the three month period.
RP Data – Property Plus Newsletter The optimism continues from RP Data in their newsletter: “From an investor’s perspective, the best opportunity to enter the Sydney, Melbourne or Perth markets has likely passed, especially considering the strong value growth over the past year and falling rental yields. It will be interesting to see whether investors start to turn their attention away from these cities and towards higher yielding markets that are much earlier in their value growth phase such as Brisbane and Adelaide where value growth is now becoming more evident.”
ANZ Housing Update – Positive Growth till end of 2014 Consumer confidence has rebounded in recent weeks. Auction clearance rates in both Syd and Melb have been strong with further price gains expected till the end of the year.Click here for the full report.
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Magazine Summaries and Reviews for the Month Money Magazine This month is a cracker! The cover story is all about Renovation and better yet it deals with Flipping as a renovation strategy. Now that is when you buy a property, renovate and sell quickly, usually within 12 months. I share one of my renovation stories on how I added $140,000 in value with a 10 day $14,000 renovation. I also share in detail the mortgage/lending restrictions you need to be aware of and finally share how to locate the right area to pull off this strategy. Here is a hint it is all about Pricing Disparity between the renovated and unrenovated properties.
Your Investment Property Magazine This month a slight error is a big gain for us. The cover story this month looks at Unit hotspots: Where to find units that could outperform the market. Including an exclusive report on the best-performing one- and two-bedroom units across Australia and each state plus a must-have forecast on the fastestgrowing areas for units over the next five and eight years. We all know affordability is an issue for many first property buyers so this is a great feature. And the error well they left a few of the suburbs off the list so on their website they have added a PDF with them all listed. Anyhow I jumped straight on then and downloaded and here it is for you CLICK HERE TO GET THE REPORT.
Australian Property Investor Magazine Even the new API Editor has the property bug she is buying property this month and with all the data Nicola has on hand you can bet that she has done her research. Some of the BRAND NEW data this month is from SQM. They have shared access to their new Asking Price Report. The QR code allows you to check out suburb asking prices – and if you can’t get enough of that then check out the SQM website. Click here to get access to a great tool that allows you to check asking prices over a period of time – just type in your postcode. http://www.sqmresearch.com.au/graph_median_weeks.php?t=1 More great articles this month as well. I particularly like the Deal or No Deal section where property professionals look at a single property and tell you why they would buy or not – getting behind their thinking is really valuable. Then there is a fabulous article about Buyers Agent’s. These guys are worth their weight in gold. Great to see our good mates Jacque Parker and Rich Harvey featured too! Too many other great features just grab a copy.
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Smart Property Investment Magazine The words of Managing Editor Phil Tarrant resonated with me this month. Do these sound familiar: 1.Buy below the market, 2. Add value in a growth area and 3. Adding value through renovation? Yep it is my Trid3nt Strategy ÂŽ in action. They review their very own impressive property portfolio built on this strategy a great story. Now the folks at SPI are expanding their own portfolio into multi rental opportunities. Definitely watch these future purchases. As always great case studies and articles are to be found. Look out or the new video series on how to inspect a property. Did you know that real estate agents in Qld are now banned from providing price ranges for auctions? If buying in Qld check out this article. Combine these with the many short one page gems a quick and easy read packed with punch.
We are frantically getting busy creating more content for those who will join us for theOctober intake and for those who have lifetime access to the on-line course. If you are keen on learning a bit more then head to the website and watch the webinar that I have on there and make sure you register your interest. http://ultimateguidetorenovation.com.au/ for more information and register your interest for the October intake. Enrolments are open for 4 DAYS ONLY so don’t miss it. Many missed out in March so make sure you are not left disappointed. We start our weekly Q&A calls the week after enrolments close.
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Websites, Apps & Subscriptions you should sign-up for (mostly free) Apps for mobile devices seem to be the latest thing – there are certainly a lot of companies investing big bucks in free apps; I think they will become the new business card of the future so watch this space. Let us know about any you’ve found helpful enquiries@yourpropertysuccess.com.au
Thinking of freshening up for spring? Try this new app – it allows you to work out paint colours for your property looks like a fun way to work out colours.paintmyplace.mobi
Pinterest for Property! I love Pinterest! I love finding amazing inspirational homes, renovations, you name it – actually you can follow me on Pinterest herehttp://www.pinterest.com/janeslacksmith/ Now there is a Pinterest just for property so check it out http://propterest.com.au/
Borrowing Capacity and Where to Buy Calculator Check out theInvestors Choice Mortgageswebsite. Thank you for those who sent me emails on how much you loved the Property Plus calculator.It’s a borrowing capacity calculator that tells you where you can afford to buy AND now it shows you on a map all the properties currently for sale and rent in your target area. A wonderful resource, check it out if you have not already and bookmark the page.
Disclosure – I purchase with my own money many courses and reports and I give my personal thoughts and opinions on these products and only recommend those I feel of benefit to property investors. In some cases I am invited to be an affiliate of some of these reports, courses and related products and if you buy through my links, I am paid a commission. I believe this does not influence me, but you need to decide that for yourself. I do believe transparency is vital and hence this disclosure.
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