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Hi Dino Livanidis here to share great news today for investors in Australia, first home buyers and also mortgage holders. Reserve Bank has cut a full 1% off the interest rates. I have been looking at water front properties on the Gold Coast for the last couple of months and have been using the time period of the financial economy to our advantage. If you have invested in a property during these times, well done. Because if you do your calculations now with the Interest rates cut, you will find the property you invested in will be reduced on weekly basis. Making it even more affordable to hold what you have today and possibly even getting into your next investment. Properties will increase again in time to come.... WHY you may ask? Most people were uncertain about the interest rates even with the .25% cut We had not too long ago, but now with the 1% interest cut this will bring more buyers onto the market creating a demand for properties which in turn will make prices increase. I Dino Livanidis, don't believe we will see the high capital growths we have experienced but they will increase and now is the time to get out of your comfort zone and to do it. All the smart property investors will be out there now investing and you will find all the watchers will just sit back and wait for signals of prices increasing and then they will make their move finding they will have to pay more than what they could have when the market was low. But that is the difference here between the doers and the watchers. It's all about timing and demand. If people don’t want a specific product, no matter what it is, you won’t sell it. But if you have a product that everyone needs and then all of a sudden it becomes affordable to buy, then the demand will increase. Especially for those people who have been waiting for this to happen. What do you think will happen? People today are paying record rents, now with the interest rate cut they will start asking themselves, "Do we continue to rent or get our own place and something we can call OURS and also pay it off instead of paying someone else’s property for them"? I am proud to say many of my personal clients have invested just in the last few months and I congratulate them and thank them in believing what we say. We always said that interest rates had to come down due to the economic situation and out inflation. You see I don't really care what happens to Shares and our Australian dollar because it’s irrelevant to a property investor, all I care is. 1- Demand for rentals? 2- What will it cost me out of my pocket on a weekly basis? 3- How much can I depreciate? 4- What are the interest rates? 5- What is the potential for capital growth in the area? 6- As long as I can comfortably hold it and still live life. You see if the share market comes down as it has, where do you think all these people will invest in? Hint- Something that is solid and you have control. PROPERTY. Many people ask me what will happen to property in Australia now with these financial problems? I say don’t worry about over seas, worry about our country Australia. Do we have a bad poverty on our streets? How strong is our inflation? Are businesses going broke which and every way we look? Are people loosing their jobs dramatically? No, to all the above. So why worry about it, our Country is very strong and we keep on growing. So believe in your country Australia and forget about the rest of the World, keep an eye on what Australia is doing and how it will affect you and everyone around you. Other than that keep moving forward and do what you have to do for your future, because no one else will take care of you later in life only the decisions you make today and along the way. If you would like to have a FREE chat with one of my specialists or myself Dino Livanidis to see if we can help you get into n investment property, please go to my NPIS website to register now.
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Written by Dino Livanidis Mining town website www.npis.com.au/mining.html Don’t forget to download your free report www.npis.com.au/
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