Flipping risks are now more elevated Property flipping has often been an effective strategy for experienced properly investors who have successfully timed the purchase, renovation, and sale of their property assets. However, property flipping in softer market conditions can be very challenging, according to Pete Wargent, co-founder of Australia’s first national marketplace for buyer’s agent services, BuyersBuyers. Mr Wargent said, “on top of the cost of renovating, there will … Continue reading Property flipping carries a higher risk now

With interest rates expected to begin rising while the cost of living continues soaring, a new survey from financial information platform Money.com.au has revealed just how prepared Australians are to meet their mortgage repayment obligations. The good news is that 80 per cent of respondents say they have a buffer in their home loans to meet the coming rate rises. The finding was derived from a survey … Continue reading Surprising new research finds 4 in 5 mortgagees have a savings buffer and can meet rate rises