What A Way To Start 2019!!

What A Way To Start 2019!!

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BlogWhat a start to 2019!

 

It going to be a busy one and we have all only just got back from holidays. Hope you all had a good break and feel refreshed to make the most of 2019. I feel there will be a lot of opportunities that are going to become available.

 

 

I am still looking at the growth areas, such as Brisbane, Sunshine Coast, Gold Coast, Newcastle, Central Coast NSW and outer areas of Melbourne and Geelong. This is where I think you’re going to see the best growth. However how about you manufacture the growth on a property deal and then it does not matter what the market is doing. It all comes down to your strategy and goals.

While some people put their head in the sand with all the media gloom and doom about just about everything. I have nearly stopped watching the news as it does not appeal to me and they love to sensationalise everything. Not just the property market. We have all heard it the market is going to drop 40-50% well I’m not going to wait for all this to happen as I think the media will find one sale that has been a 40% drop so everything has dropped. Sure, the markets of Sydney and Melbourne are probably in for a 10% drop, but they just had about 150% increase so if you have owned property longer than 5 years your way up. This might be the right time when it bottoms which no one quite know when to buy a blue-chip property in these markets but watch out for the yield it could be as low as 3%.  I would be wary of units and off the plan unit sales there are only a few areas and developers that I like here, Sunshine Coast and Gold Coast mainly.

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As some people will choose to do nothing or sell up everything, I think in the long run you will end up depleting all your cash, I don’t know if investing it in the stock market would be such a wise move either. I wonder if anyone has said to you “The risk of doing nothing is sometimes greater than actually doing something”.

 

While others sit on the fence and wait for the market to so call crash, there are other people still investing and making money from property. You will need to do more research but remember everyone still needs a place to live, we are still going to eat, send out kids to school, drive our car, go on holidays and work in our jobs. Currently the unemployment rate is still sitting around 5% and the standard of living in Australia is very high so there is not going to be a massive implosion, we have recourse loans here in Australia, so you are tied to the debt and the property not like in USA. I think the biggest issue this year will be lending from the banks, so if you’re going for lending make sure you have all your boxes ticket and get ready to show them your statements.

 

I’m looking forward to an exciting year, my kids are both playing National Premier League (NPL) soccer which is exciting, Luka my son has entered the business so I can start to mentor him and he is studding marketing at University of the Sunshine Coast (USC) and Carlo starts high school so the Pullen’s will be very busy.

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Look forward to talking to everyone and helping them through the property minefield and helping you achieve those property and life style goals in 2019.

 

Winning a Gold Medal at the Olympics!

Winning a Gold Medal at the Olympics!

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Did you love watching the Olympics over the last few weeks? I did, I love watching the joy and emotions of the biggest sporting event in the world!

I would like to congratulate all the athletes that went to Rio to participate in the Olympics this year.  Whether they won a medal or not – just to qualify to go as an athlete makes them all amazing and talented.

gold medal girls

I love seeing elite athletes perform at their best, seeing them achieving their goals, creating world records, beating their personal bests and winning medals. We don’t see all the hard work and preparation that goes into wining and even just qualifying to be at the games. I can tell you that each and every athlete has a team of people helping them get to their dream of becoming an Olympian.

So what does it take to win a gold medal at the Olympics? Dedication, persistence, training, mental strength, coach-ability, drive, vision, goals, belief and of course a winning attitude! These are just some of the qualities of an Olympian. These qualities are not just for Olympians, you will find that most successful people in life also carry many of these qualities.

If you want to become a successfully property investor then you need some of these qualities such as persistence, goals and vision. I think there are a lot of similarities between training for Olympic Gold and winning a gold medal in property investing.

team

In successful property investing you also need your TEAM. A lot of people do not see the work that has gone into purchasing that property, or building that duplex, getting your finance sorted or the planning that went into that development. Winning a gold medal at property investing is all about having the right team……..  your finance broker, real estate agent, solicitor, finical planner, accountant, builder, building inspector, town planner, architect, local council and property strategist. No one from the outside may know they are there but they are essential to make your goals achievable.

Gold bunch

Winning a Gold medal in anything you do in life is about playing full on, giving it your all and not giving up after any set backs…… persistence, drive and the desire to win are essential… What Gold Medal are you going to win?

Talk to Blue Wave Property Strategies if you want help in winning a Gold Medal in Property Investing. Give Chris a call on 0434 449 455 or email us at info@bluewaveproperty.com.au