Piggy Wise

Real Estate

First home buyer concession, Should you BUY property NOW?

Last week the NSW government has introduced changes on stamp duty for first home buyers. Whenever they do these changes it muddles the house prices, the dynamics of   Supply and demand is shifted, chances are you have no idea how much you will lose buying a house at this time. So currently if you are a first home buyer and purchasing the property below $650,000 there is no stamp duty. Similarly, if the property cost is up to $800,000 you will receive some concession. Good news for first home buyers, the NSW government has increased the threshold for properties purchased …

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Overseas Property Investment and Tax Deductions

Last year in September I had gone to India to meet and greet my family and friends, also to attend a family wedding. It was also an opportunity for us to introduce my daughter and celebrate her first birthday there. I have been to India many times, almost every year but this time it was different financially. My long-term plans have always been to go back to India and live there for the rest of my life. Part of the plan was to buy a home and be mortgage-free before I go back. If I want to maintain the same lifestyle and standard of living, if not same at least to a comfortable extent then the …

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Are Self-storage Units a Good Investment?

For the past few weeks, I have been on the lookout for my next investment, that's when self-storage investment caught my attention. I had been curious and been doing a lot of research on this, I haven’t yet decided though to invest my money on these eggs or not. I have almost paid off my mortgage, which means there is a whole set of equity sitting with the bank and doing nothing. I would like to use this equity on home as surety and purchase an investment property without laying any cash on the table. I have purchased properties before but all of them being residential, it's challenging to buy …

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6 Lessons Learnt Investing In Melbourne Property Market

If you take into account the wealth of all Australians, the majority of that wealth is in the property segment. Ironically the reason is not that properties perform better than other investments but rather most of us (including me) invest with the belief that properties are a safe bet and will always win in the long run. Most of us invest our hard-earned money into properties because we don’t know anything else that is less risky than property and return mediocre (compared to other investments) returns. I am not saying money can’t be made in the property market, I think the dynamics have …

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Complete review on Steve McKnight’s RESULTS mentoring program -Part 2

If you have come to this review post from Google or other sources I suggest read Part1 of this review before this post. I would also request the reader to pardon me if I have miss quoted the dates or any other info. I have gone through my emails, journal and all RESULTS documentation that I hold, in order to give you as much accurate information as I can, it’s been more than 5 years that I have joined this course, my memory has faded a bit since then. If you read the book “From 0 to 130 Properties in 3.5 Years” by Steve McKnight he has been famous for finding properties that are positive in …

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Complete review on Steve McKnight’s RESULTS Mentoring Program Part 1

Years back when I was going through my community library I stumbled across the book “From 0 to 130 Properties in 3.5 Years” by Steve McKnight, in a nutshell, this book talks about how he built his empire, while working as an accountant and at the end of the book you will be introduced to the sales page for RESULTS mentoring program. This was the first time I came to know about him and his property building strategy (in year 2007). Since then I do visit his blog and website to get the latest updates on the property. Every year he conducts a seminar to give an update on the property, in the year …

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