What Barriers Do First Home Buyers Face When Both Inflation and Rates Rise
When inflation climbs and interest rates follow, the first home buyer barriers that were already steep become near-vertical walls. It is...
Many of you know that without clear direction you can’t achieve anything. That is why I spend so much time talking to people about setting goals and then working out which property investing strategy will help them achieve that goal but whilst on the journey to achieve those goals you should conduct an annual review of your portfolio.
Without doing this I believe you are gambling with your investments success. Similarly I know that tracking your portfolio regularly and reviewing how each property fits into that strategy is imperative. I have devised a very simple spreadsheet with very simple formulae’s to help track if your property is on track to helping you achieving your goals. This is part of an annual review do. I provide this sheet to my accountant each year.
Remember the Portfolio Planner Calculator is available to you as well to work out how big your portfolio needs to be for you to achieve your annual income goal. You can find the calc here
When inflation climbs and interest rates follow, the first home buyer barriers that were already steep become near-vertical walls. It is...
What is refinancing to consolidate debt? Refinancing to consolidate debt is the process of using the equity in your home to pay off...