Garry Harvey

Back in 2000, Garry Harvey was a 26-year-old Victorian looking to buy his first home. Now, still shy of his 40th birthday, YIP’s runner-up for Investor of the Year 2012 has amassed a diverse portfolio of 39 properties that return more than $500,000 a year in rental income and have given him $2.75million in equity to work with. Garry is a fan of buying in bulk, and he has made the most of a strategy centred on subdividing blocks of units.

  • It’s only natural to be a bit afraid of debt. Most of us have been raised with the idea that financial debt should be avoided as much as possible. In my last blog I discussed the difference between good and bad debt. Now I’d like to look at how to take the fear out of debt and better manage debt to grow your assets. read more

  • When you hear the word debt it tends to bring negative connotations of stress and unpaid bills to mind, but when it comes to debt there are two kinds, good and bad. read more

  • Optimizing the performance of your property investment portfolio will be a key component for any investor looking to maximise the return on their investments. Optimization can be done using a range of strategies depending on the type of property(s) you have and the desired outcome you are trying to achieve. The common denominator will be improved performance of the asset, be it capital growth, manufactured equity or additional income. read more

  • Starting out as a property investor I was very much aware of the importance of cash flow. I knew that it would be an integral part of my investment strategy to build and maintain a strong cash flow position. It was a strong focus of mine from the outset, particularly given my financial position at the time I was building my portfolio – limited capital and a very modest income. read more

  • Offering a property for sale under a terms contract can have many benefits to a vendor, particularly for vendors where the property is an investment. It is a great way for an investor to receive more income from the property then would normally be achieved if the property was rented out. read more

  • Vendor finance is a form of private finance where the owner of a property (The Vendor) agrees to sell the property under the provisions of a terms contract. The terms contract will outline all of the particulars of the sale agreement including the purchase price and the period of time the payments will be made, as well as the payment amounts, to complete the purchase of the property. In laymen’s terms – the owner of the property finances the purchaser. read more