Sam Saggers
Sam Saggers is CEO of Positive Real Estate and Head of the buyers agency which annually negotiates $250 million-plus in property. Sam's advice is sought-after by thousands of investors including many on BRW’s Rich 200 list. Additionally Sam is a published author and has completed over 2000 property deals in the past 15 years plus helped mentor over 2200 Australian investors to real estate success!
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Investing in off-the-Plan (OTP) properties is quite a profitable trade. It’s a fantastic way to take full advantage of market growth, but in order to enjoy maximum growth potential it's important to understand and follow some key factors when using this kind of investing strategy.
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Let’s look at conditions of markets across the country, focusing on promising markets which investors should take a look at as well as those which are not performing well right now
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Don’t Kick Yourself in Two Years! The time is NOW! Read our 2012 National Market Insights.
Rates are dropping, and as the Macquarie Bank saying goes, “When interest rates are at parity to that of a rental return, the masses buy real estate.”
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In the following cities you will get both cashflow and growth, which doesn't always happen at the same time. It's a nice position to be able to buy something that's going to give you a high return and some capital growth along the way.
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Today I’ll share some great tips on how to understand the mining/commodity industry so you know what towns can get you amazing growth in a short time frame. I’ve brokered hundreds of millions of dollars worth of property in mining markets for both myself and clients, so I know they can be fantastic money-making deals!
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Is the market a single market economy? Single market economies are towns that have one resource, for example copper! The fate of the township fluctuates with the price of world supply and demand and therefore with copper prices.
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The towns of Port Hedland/South Hedland went to outperform the market and posted huge profits to those property investors who understood the socioeconomic factors driving the market. Much has changed since 2003, including a major global economic fallout and the Port Hedland/South Hedland market is bearable, but no longer sustainable, equitable, or viable.
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