Stuart Wemyss

Stuart Wemyss is a Chartered Accountant, founder of mortgage broking firm ProSolution Private Clients and and an author of two books. www.prosolution.com.au.



Content Posted by Stuart Wemyss

The property bubble and market timing

Recently I have been asked a lot about whether I believe there’s a property bubble and if so, when will the bubble burst? In my opinion, a better question is “where will property prices be in 10 to 20 years from now”, because as long term investors, we should base our decisions on long term outcomes and not be influenced by short term volatility along the way.

Read on to find out more...

The vital question that successful investors and wealthy entrepreneurs ask before they invest

When investing, the vast majority of investors focus on achieving the highest investment return – like they can somehow influence the return. It’s absolutely crazy! The return will be what it will be. My advice is to forget about returns. Instead, focus on investment risk, because that is what you can influence.

Read on to find out more...

Halve your land tax bill

Not many property investors know a lot about land tax. I guess it’s not surprising, as the vast majority of property investors won’t pay for land tax until a number of years after they buy an investment property.

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How to choose an honest financial planner

The sad fact is that most financial planners can’t provide you with balanced, impartial and independent financial advice even if they wanted to. That’s a scary statement, I know!

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The three most common property investor mistakes and how to easily avoid them

Working with property investor’s day-in, day-out for the last 8 years has given me fantastic insights and taught me valuable lessons. I’ve been able to observe the way people make decisions, the quality of those decisions and the consequences – both good and bad.

Today, I thought I would share with you the top 3 most common mistakes that I see property investors make.  In my opinion, avoiding these mistakes increases your chances of being a successful investor by a factor of 10 – if not more. Therefore, if you own property or are looking to make a start, read on…

The top 3 mistakes nearly all property investors make

Having helped hundreds of property investors finance their acquisitions, I have been able to gain a great perspective as an “outsider” with regard to how property investors go about making their investments. There are some common things that the vast majority of investors do not do, which I think negatively impacts on their chances of success.

Read on to find out why...

Invest in high growth property without it costing a cent in cashflow

Most investment properties are cash flow negative for the first few years of ownership. That is, the rental income received is not enough to cover all of the property's expenses (especially interest which is the largest expense).

This turns some people off investing in property, because they do not necessarily want to commit to meeting a cash flow deficit every month from other income. Well, you don't have to. There is a solution that is worth considering.

Read on to find out more...

Invest or repay extra into your home loan?

Many people are very focused on repaying their home loan. In fact, some people will put off borrowing any other funds (to invest) until their home loan balance is zero. Is that the best thing to do? Or is there some middle ground that may allow you to borrow to invest and repay your home loan?

Read on to find out more...

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