Ben Handler

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

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The answer here is, yes! Yes, 5 days can make a significant difference in the fast Sydney property market. Properties can be listed and sold within days, with prices often fluctuating based on demand, competition, and market sentiment. Buyers may find that waiting even a few days can result in missing out on a property or facing higher prices. However, it gives buyers a little more time to think or give the agent an opportunity to push for auction. Acting quickly and wisely can be crucial in such a dynamic market. #SydneyPropertyMarket #SydneyBuyersAgent #SydneyProperty #RealEstate #PropertyProfessional

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From the article: "They’re $1m-plus homes you can’t live in – with everything from rotting ceilings and floors to interiors strewn with crumbling bricks – but in many parts of Sydney they’re the few houses available to buy. Agents have reported a “severe” shortage of ready-to-move-into houses across the Greater Sydney area as uncertainty over rate rises discourages would-be sellers of turnkey homes from listing. These shortages have been particularly severe in Sydney’s well-connected inner- and middle-ring suburbs, where housing demand has historically been higher." Any agents/conveyancers noticing falling sales volumes recently? I imagine the cold and wet weather is not helping with marketing..... Any thoughts? As always please be respectful, inclusive and polite to others. This is for the purpose of encouraging discussion and I am not advocating a particular position. https://lnkd.in/gBNH4A7J

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Mastering Auction Rooms: Insider Tips for New Buyers Discover essential tips for first-time buyers in the auction room! Learn how to navigate the market, understand demand, and ease the stress of bidding. Get ready to make informed decisions with our expert guidance and firsthand experiences. #AuctionTips #FirstTimeBuyers #RealEstateInvesting #MarketInsights #BuyerAgent #InvestSmart #PropertyAuction #HomeBuyingGuide #StressFreeBidding #RealEstateAdvice

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𝐁𝐚𝐜𝐤𝐢𝐧𝐠 𝐎𝐮𝐭 𝐨𝐟 𝐚 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞? 𝐇𝐞𝐫𝐞’𝐬 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐤𝐧𝐨𝐰. Purchasing property is a significant commitment, but unexpected situations can sometimes lead buyers to reconsider. Understanding the conditions and consequences of backing out of a purchase is essential to avoid costly surprises. 𝐂𝐨𝐨𝐥𝐢𝐧𝐠-𝐎𝐟𝐟 𝐏𝐞𝐫𝐢𝐨𝐝𝐬: 𝐘𝐨𝐮𝐫 𝐒𝐚𝐟𝐞𝐭𝐲 𝐍𝐞𝐭 In most Australian states, property contracts include a cooling-off period, allowing buyers to cancel the contract within a specific timeframe, often with a minor penalty. 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐓𝐡𝐚𝐭 𝐀𝐥𝐥𝐨𝐰 𝐁𝐮𝐲𝐞𝐫𝐬 𝐭𝐨 𝐖𝐢𝐭𝐡𝐝𝐫𝐚𝐰 Beyond cooling-off periods, contracts often include conditions such as: 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐚𝐩𝐩𝐫𝐨𝐯𝐚𝐥: Ensuring the buyer can secure a loan. 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐚𝐧𝐝 𝐩𝐞𝐬𝐭 𝐢𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧𝐬: Allowing the buyer to back out if issues are found. 𝐂𝐨𝐮𝐧𝐜𝐢𝐥 𝐫𝐞𝐜𝐨𝐫𝐝𝐬 𝐢𝐧𝐬𝐩𝐞𝐜𝐭𝐢𝐨𝐧: Ensuring no legal complications with the property. 𝐒𝐞𝐥𝐥𝐞𝐫 𝐨𝐛𝐥𝐢𝐠𝐚𝐭𝐢𝐨𝐧𝐬: Requiring specific works to be completed before settlement. If a buyer cancels under one of these conditions within the agreed timeframe, they are typically entitled to a full refund of their deposit. 𝐂𝐨𝐧𝐬𝐞𝐪𝐮𝐞𝐧𝐜𝐞𝐬 𝐨𝐟 𝐋𝐚𝐭𝐞 𝐖𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥𝐬 If all conditions are met and the cooling-off period has passed, withdrawing from the contract can lead to significant consequences. Sellers can claim damages, including: •Loss of the deposit. •Costs for relisting the property. •The difference in sale price if the property sells for less. 𝐑𝐚𝐫𝐞 𝐛𝐮𝐭 𝐍𝐨𝐭 𝐈𝐦𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞 Late-stage cancellations are rare but can occur due to unforeseen circumstances like illness, financial changes, or personal crises. These situations underscore the importance of thorough planning and communication throughout the property-buying process. 𝐂𝐨𝐨𝐥𝐢𝐧𝐠-𝐎𝐟𝐟 𝐏𝐞𝐫𝐢𝐨𝐝𝐬 𝐢𝐧 𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚. Cooling-off periods vary by state: •NSW & ACT: 5 business days; 0.25% penalty. •Victoria: 3 business days; refund less $100 or 0.2% of the price. •South Australia: 2 business days; deposits over $100 refunded. •Northern Territory: 4 business days; no penalty. •Tasmania & WA: No mandated period; optional clauses in Tasmania. •Queensland: 5 business days; 0.25% penalty. Ends at 5 PM on Day 5. Not for auctioned properties or those bought within two business days of an auction. 𝑁𝑜𝑡𝑒: 𝐵𝑎𝑐𝑘𝑖𝑛𝑔 𝑜𝑢𝑡 𝑜𝑓 𝑎 𝑝𝑢𝑟𝑐ℎ𝑎𝑠𝑒 ℎ𝑎𝑠 𝑓𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑎𝑛𝑑 𝑙𝑒𝑔𝑎𝑙 𝑟𝑖𝑠𝑘𝑠. 𝑈𝑛𝑑𝑒𝑟𝑠𝑡𝑎𝑛𝑑 𝑦𝑜𝑢𝑟 𝑠𝑡𝑎𝑡𝑒’𝑠 𝑟𝑢𝑙𝑒𝑠, 𝑖𝑛𝑐𝑙𝑢𝑑𝑒 𝑛𝑒𝑐𝑒𝑠𝑠𝑎𝑟𝑦 𝑐𝑜𝑛𝑡𝑟𝑎𝑐𝑡 𝑐𝑜𝑛𝑑𝑖𝑡𝑖𝑜𝑛𝑠, 𝑎𝑛𝑑 𝑠𝑒𝑒𝑘 𝑝𝑟𝑜𝑓𝑒𝑠𝑠𝑖𝑜𝑛𝑎𝑙 𝑎𝑑𝑣𝑖𝑐𝑒. 𝑆𝑜𝑢𝑟𝑐𝑒: 𝐷𝑜𝑚𝑎𝑖𝑛

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EP. 1319 LANDLORDS AND TENANTS GET SMASHED WITH SECRET LAND TAX ADJUSTMENT 🧐 Could a quiet shift in policy be the financial storm landlords in New South Wales never saw coming? Join us as we unravel the intricacies of the newly frozen land tax threshold and its wide-reaching implications. With expert insights from Billy Drury, we explore how this seemingly small change could lead to significant costs for property owners and ripple through the rental market. We'll uncover how this policy, designed to capture more properties under the land tax bracket, may affect both landlords and tenants, and what it means for the real estate sector, including the build-to-rent trend. As the New South Wales government seeks to boost revenue amidst rising property values, this episode sheds light on why staying informed is crucial for landlords, tenants, and even accountants. Discover how this policy could influence rental prices and availability, as we dissect the economic environment that led to the threshold freeze. With real-world examples and expert analysis, we aim to provide you with the knowledge needed to navigate these changes and understand their potential impact on your financial landscape. https://lnkd.in/gRYBqEhA CURRENT REAL ESTATE TRENDS, TIPS, ADVICE,REAL LIFE STORIES FROM LEADING PROPERTY PROFESSIONALS ON THE GROUND..... NOVAK MORNING MINUTES.... NORTHERN BEACHES OF SYDNEY TUNE IN DAILY AT 7:45 am ..... 74,000 downloads on our APPLE podcast!!!! (REAL ESTATE DR'S) DEE WHY MANLY COLLAROY NARRABEEN NARRAWEENA MONA VALE FRENCHS FOREST BROOKVALE PROPERTY......RENT BUY SELL...... Want to create live streams like this? Check out StreamYard: https://lnkd.in/gR533_VG

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This is what we are seeing in the Hobart housing market 👀 There is a data-driven methodology behind where we buy our properties to help my clients achieve growth higher than average and expedite their investment journey. It's how we've taken our clients from 0 to 3 properties in only a few short years. If you're interested in learning more about my services and how this data comes together coupled with buying property reach out to myself for a discovery call; https://buff.ly/4bbnHOJ Part 4 of 4 #investment #propertyinvesting #buyersagent #property #realestate #lornawang #australianrealestate #propertytips #buyersadvocate #investing #australianproperty #propertyresearch #propertyinvestor #australianpropertymarket #propertystats #datadriven #buyingproperty #investorkit #finanialfreedom #wealthcreation #Hobartpropertymarket #Hobartrealestate #Hobart

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How much does LMI actually cost? There are a lot of considerations to find out the true cost of LMI, but making a few assumptions, here are the results. Let's say two buyers purchase an $800k property. The first pays 5% deposit and LMI The second pays a 20% deposit, but waits 3 years to build his savings LMI varies depending on the individual and lender, but using conservative figures on a 30 year repayment plan, the person paying LMI with a lower deposit will have roughly $1000 extra in monthly repayments. Over the course of a mortgage, that results in $360,000, assuming interest rates stay at 6%. However, if you got onto the property ladder sooner, your property would start growing in value sooner. The difference in deposit between the two buyers is $120,000. At the standard 7% growth of a property, after 3 years the first buyer will have accrued $180k in equity. This additional equity will also grow at an exponential rate, that you wouldn't have access to if you waited to enter the market and forego the LMI. The first buyer will likely have purchased a superior property due to entering the ladder sooner. Of course, there are other ways to circumnavigate LMI (government schemes, guarantors). What are your thoughts on breaking it down like this? Who made the better purchase decision?

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𝐇𝐨𝐰 𝐜𝐚𝐧 𝐲𝐨𝐮 𝐦𝐚𝐤𝐞 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐰𝐞𝐚𝐥𝐭𝐡 𝐨𝐟 $𝟓𝟎,𝟎𝟎𝟎 - $𝟏𝟎𝟎,𝟎𝟎𝟎 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐧𝐞𝐱𝐭 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐢𝐬 𝐬𝐢𝐦𝐩𝐥𝐞 𝐡𝐚𝐜𝐤? Thanks to David Shih for his time and opportunity. Full webinar link in the comments. #investment #property #propertygrowth #success #wealth Ariza Buyers Agency

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