Ben Gill

This can help you look at property maintenance differently. Nobody likes property maintenance - But it's something we have to deal with holding onto properties. And whilst a small $500 amount may be easier to account for.. When you get whacked with a $5K bill - it can definitely be a lot harder to take. On a $500K property, that's a whole 1% of the property's value. But let's put some things into perspective... Australian houses over the long term have an average compounding growth rate of circa 7%. Let's be conservative and say over the ownership of your property You achieved a 6% capital growth rate average. A $5K bill every year on average is unlikely... But even if that was the case, you would still achieve 5% net growth. If you position it like that, would you still invest? #KevTran #BuyersAgent #PropertyInvestment #PassiveIncome #Australia #RealEstate #PassiveIncomeFromProperty #AustralianPropertyInvesting #AustralianPropertyMarketUpdate #InterestRateChanges #CashflowPositiveProperties #RealEstateInvestor #RealEstateInvesting #PropertyInvestment #InvestmentProperty #Investment #FinancialFreedom #FinancialIndependence #Wealth #RentalProperty #Property #AustraliaProperty #InvestingTips #PropertyPortfolio #WealthCreation

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Refinancing your home loan can offer a number of potential benefits, including: Saving money: This is a major advantage. By securing a lower interest rate, you can see a significant reduction in your monthly repayments. This frees up cash that you can use for other purposes. Paying off your mortgage faster: When you refinance to a lower rate, more of your monthly payment goes towards the principal amount, which reduces the overall loan term. Accessing equity: Refinancing can help you tap into the equity you've built up in your home. This money can be used for various purposes, such as renovations, debt consolidation, or investing in a property. Consolidating debt: If you're struggling with high-interest debts like credit cards or personal loans, refinancing can consolidate them into your home loan, which typically comes with a lower interest rate. This simplifies your finances and potentially saves you money. Getting a better loan product: Refinancing allows you to switch to a different type of loan that may better suit your current needs. You may be able to obtain features that weren't available on your original loan, such as an offset account or a redraw facility. It's important to weigh the potential benefits of refinancing against the costs involved, such as application fees, settlement fees, and mortgage lenders insurance (MLI) if you have a loan-to-value ratio (LVR) exceeding 80%. #refinanceyourhome #refinancingrates #cashoutrefinance #shouldIrefinance #mortgagerefinance #homerefinance #smartrefinancing #lenderssociety

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Refinancing your home loan can offer a number of potential benefits, including: Saving money: This is a major advantage. By securing a lower interest rate, you can see a significant reduction in your monthly repayments. This frees up cash that you can use for other purposes. Paying off your mortgage faster: When you refinance to a lower rate, more of your monthly payment goes towards the principal amount, which reduces the overall loan term. Accessing equity: Refinancing can help you tap into the equity you've built up in your home. This money can be used for various purposes, such as renovations, debt consolidation, or investing in a property. Consolidating debt: If you're struggling with high-interest debts like credit cards or personal loans, refinancing can consolidate them into your home loan, which typically comes with a lower interest rate. This simplifies your finances and potentially saves you money. Getting a better loan product: Refinancing allows you to switch to a different type of loan that may better suit your current needs. You may be able to obtain features that weren't available on your original loan, such as an offset account or a redraw facility. It's important to weigh the potential benefits of refinancing against the costs involved, such as application fees, settlement fees, and mortgage lenders insurance (MLI) if you have a loan-to-value ratio (LVR) exceeding 80%. #refinanceyourhome #refinancingrates #cashoutrefinance #shouldIrefinance #mortgagerefinance #homerefinance #smartrefinancing #lenderssociety

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"They handled all parts of the transaction professionally which allowed me to have a very positive experience knowing I was being guided by a trustworthy and knowledgeable team" 🔥 This is one of those epic testimonials that I can't fit in my template 😂 So full review in the comments/next slide 🙏 Thank you Kim Vo for this stellar testimonial! It genuinely brings me joy to help fellow Aussies take control of their financial future and walk this path together! And whilst our clients engage us on a per property transaction - our focus will always be on guiding you on that long term journey, and we'll always be here to support. If now is the time to explore working with me and my team, feel free to pop in a time for an initial chat via my link in bio or below 👇 #KevTran #Investorkit #PropertyInvestment #PassiveIncome #Australia #RealEstate #PassiveIncomeFromProperty #AustralianPropertyInvesting #AustralianPropertyMarketUpdate #InterestRateChanges #CashflowPositiveProperties #RealEstateInvestor #RealEstateInvesting #PropertyInvestment #InvestmentProperty #Investment #FinancialFreedom #FinancialIndependence #Wealth #RentalProperty #Property #AustraliaProperty #InvestingTips #PropertyPortfolio #WealthCreation

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// How prepared are you, before you start putting offers? // Many of our mortgage broking clients are also our buyers agency clients. As simple as it may sound, we break down the key information for our clients. Before our clients start putting offers, they know... > how much equity cash out they will have from their existing property/properties > how much cash savings (if any) they may need to use OR if they should use > The purchase price they can target if they used equity cash out only > What if they wanted to buy a more expensive property, how much money do they need to tip in > Minimum rental return required to service for the loan > Loan to value ratio > Loan structure clearly laid out This is the bare minimum one would expect for a credit advisor to tell their client. We also have clients who only need our buyers agency services, and they come pre approved, working with another broker or banker. I have had two instances where we are assisting two different clients who have another broker/banker assisting them. In both cases, clients did not clearly known their proposed purchase price, and how their funds will be utlised to maximise the purchase price. In one of the instances, the client didn't have any equity cash outs ready to go. We have asked both clients to go back to their advisor to find out these specifics. Lack of clarity, puts buyers at a huge risk. It also means you have a dart board approach, leading to lack of confidence when it comes to putting offers. So before you go looking for your property, have some of the key items above covered, so you know what will make the right deal for you.

🚫 Unnecessary Debt Could Be Costly‼️ Before you apply for a loan as an allied health professional. Get a quick health check ✔️ Speak to a broker about your position. Do you need to clear some debts❓️ Do you need help with cash flow ❓️ Do you need to reduce unnecessary expenses ❓️ Most importantly, what do the lenders want to see from allied health professionals 👀 Let's gear up for a big 2025. Reach out to start planning ahead 👌 Happy Friday🎊 #alliedhealth ##financebroker #mortgagebroker

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Do you have an existing SMSF Loan? If you do, have you checked the interest rate? Refinancing a Self-Managed Super Fund (SMSF) loan can save you money and improve your retirement savings. Recently I met with a client who has an existing SMSF loan for a residential property with one of the big four banks. Their loan has been in place for almost 10 years and their current variable interest rate is 10.22%. They contacted the bank, but they weren’t interested in reviewing the rate. Not only can I look to refinance this loan at around 7.2% but the new lender also offers an offset account for SMSF loans. The interest saving alone, based on a loan of $350,000, will be more than $10,000 per year, not considering the positive impact that their large SMSF funds will have on the loan term when they are moved from a low interest cash management account to an offset account. Check your rates. Have you thought about refinancing your SMSF loan? What questions do you have?

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How these data parameter helps you asses market conditions, mitigate risks and identify the right property with a massive potential for capital growth and cash flow for the next few years. 📊🏠📈 #investoraid #buyersagentaustralia #realestateinvesting #realestateinvestors #propertyinvestment #RealEstateInvestingTips #realestateaustralia #realestatetips #realestatedata

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Wondering what we can do for you? Here’s a snapshot: ✅ Restructure existing debt 🏠 Refinance Residential & Commercial Loans 🏢 Purchase Residential & Commercial Properties 🏗️ Construction & Development Finance 🔄 Complex Self-Employed Lending 💼 Business & Cashflow Finance 💰 SMSF - Purchase & Refinance 🚗 Asset Finance Whatever your finance needs, we’ve got you covered! Reach out to get started today. #FinanceSolutions #Refinance #BusinessLoans #PropertyFinance #SMSF

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"Amazing transformation! We were approached by a client facing multiple debts. Despite the challenges, they also harbored a desire to invest and secure a dream investment property. With Right4uLoans' expert guidance, they were able to: ✅ Consolidate debts for lower repayments ✅ Access equity for an investment property deposit ✅ Secure a competitive home loan rate Let us help you simplify your finances and achieve your goals! #HomeOwnership #FinancialSuccess #MortgageBroker"

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Our Latest Client Review Please click the below link to read in full https://lnkd.in/giufUyWn #ratemyagent #realestate #clientreviews #mortgagebroker #homeloans

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"As bad as it's ever been" Property prices blow out and pay rises lag Housing prices have risen much faster than wages over the long term, making it harder for potential buyers unless they take on huge debt or receive family help, Over the last 12 months, according to the ABS, wages have grown 4.1% whereas home prices in capital cities rose 8. 4%. Now, if you go over the last 12 years, home prices across capitals soared 93.5 percent while wages rose only 34.7%.  Commonwealth Bank's head of Australian economics, Gareth Aird, said: "Today, there's people on reasonably decent salaries that are struggling to get into the property market, let alone buy the median dwelling"  So when we see articles and data like this, it is quite disheartening, especially for those in capital cities like myself. And from time to time you hear people say:  The great Australian dream of owning your own home is dead...  I wouldn't say it's dead. definitely harder to buy your own owner occupier family home.  But the way I look at it is that it's changed. We need to adapt. There are many strong markets across the country and you can begin rent vesting if buying that first home in Sydney or a capital city is out of reach for you. It's what I've done and I continue to help others do as well. Sure there are pros and cons, But the way I see the market continuing to grow. You definitely want to get in when you can. The earlier you can get in, the more benefit you can get from all the growth. #KevTran #PropertyInvestment #PassiveIncome #Australia #RealEstate #PassiveIncomeFromProperty #AustralianPropertyInvesting #AustralianPropertyMarketUpdate #InterestRateChanges #CashflowPositiveProperties #RealEstateInvestor #RealEstateInvesting #PropertyInvestment #InvestmentProperty #Investment #FinancialFreedom #FinancialIndependence #Wealth #RentalProperty #Property #AustraliaProperty #InvestingTips #PropertyPortfolio #WealthCreation

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Under what kind of circumstances would a Perth seller sell a property "off market" i.e. without full advertising or put onto realetsate.com.au or Domain? Join me and David Hall from Buyers Agency Co where generously shares his 3 most recent off market deals on how he sourced these deals, found a solution to the problem seller is facing in order to create a win-win situation for both seller AND the buyer - the art of deal! Another must watch for any property investors who is looking to get into the Perth property market! Keen to check out the rest? Click below for the full episode 👇: https://lnkd.in/gTzUmnNx #PropertyInvestment #PropertyStratetegy #PerthProperty

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How real estate can build your wealth? 🏠💰🌟 #investoraid #buyersagentaustralia #buyersagentsydney #InvestmentProperty #buyersagent #RealEstateAustralia #propertyinvestment #realestateinvestment #capitalgrowthandcashflow

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MAKING EXTRA HOME LOAN REPAYMENTS By making additional repayments towards your home loan every payment cycle, you can substantially shorten the loan term and reduce the total interest paid over time. For instance, if your home loan balance is $500,000 at a 6% interest rate, your monthly repayment would be $2,998. But by adding an extra $500 to each payment, you could potentially clear your mortgage in approximately 20.9 years, saving a significant $199,501 in interest payments.

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Data from Proptrack has revealed the percentage of properties in each state that are deemed affordable. A property is considered affordable when buyers earning the median household income spend no more than 25% of their pre-tax income on mortgage repayments and could afford to purchase at least 20% of homes in that location.

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