Sometimes purchasers wish to align their building and pest inspection due dates with the finance approval date, which is quite often 3 weeks. The reason for this extended time is so that if their finance is not approved, they can cancel the building inspection and not be out of pocket.

We recommend it's beneficial for the Purchaser having their inspections done as quickly as possible, so that if an issue does come up, they know about it quickly and have plenty of time to be able to deal with it.

It's also beneficial for the Seller in that if the contract falls over, they can quickly place the home back on the market and haven't lost too much momentum due to being 'under contract' for an extended period.

Interest Rates are at an all time low. There is speculation that may even reduce more, however it is certain that at some point they will start to increase.

Watch this short video to learn a strategy where you can pay your mortgage off up to 10 years earlier, save $100,000 and reduce your stress. (*based on the example provided of a $300,000 mortgage).

Using a self-managed super fund (SMSF) to buy property is becoming increasingly popular. There are significant advantages including being taxed at a lower rate and the capital gains tax may be discounted or even tax free if the property is sold while the super fund is in pension phase.

However, taking out a loan to buy property within your SMSF isn’t as simple as getting a normal home loan. Increasingly, Limited Recourse Borrowing Arrangements (LRBA) are set up using a Bare Trust.  

Many people buying property for their SMSF often buy first and seek advice later. It's only then they find out creating the right structure and the extra steps required to secure a mortgage can take a lot of extra time. This can quite often make it difficult to secure the property they are wishing to purchase.

Seek early advice from professionals who specialise in SMSF and the whole process will run much smoother for you.

Between 2010 & 2015, Toowoomba was considered one of Australia's best areas to purchase an investment property because it offered good solid returns, lower risk and plenty of potential for capital growth due to Billions of dollars of infrastructure being invested in the region. All of those reasons have proven correct.

Currently, some segments (not all) of the Toowoomba rental market are not receiving the traditional $10 or $20p/w annual rent increase investors would normally expect, however, there is a positive flip side to this which Brendan explains in this video.