Forty years on, you can easily identify apartment blocks from the '70s as they usually are brown or red brick and probably won't win any beauty awards.
But these apartments make very solid investments for today's property investor because of a number of significant attributes.
Now I’m not suggesting you should buy a cheap property or look for bargains – they’re not that hard to find if you look in secondary markets that are out of favour.
You make your money when you buy your investment property not by buying cheaply, but by buying the right property.
Read on for my tips on how to avoid overpaying for your next property...
Just because Australians have a love affair with property, and the returns are potentially high, does not necessarily mean they will be good investors.
People lose money in real estate all the time. We rarely hear these stories in the media, but it happens.
To be truly successful in real estate you will need to cultivate a few business habits and stick to them.
Here are some dos and don’ts that I have found to be extremely important throughout my career.
While we all know that property investment is generally about long-term wealth creation, sometimes even experienced investors wind up losing on their properties.
So to help you avoid some of the common pitfalls, let’s look at a few of the strategies that could make your investment more of a money pit than a profit-spinner…