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Jun 8, 2024 | 
au.finance.yahoo.com | John Pidgeon
Property guru John Pidgeon has reminded prospective home-buyers to consider their tax options first. When purchasing a property, the ownership structure you choose to buy with is drawn out of your overall strategy. Be aware that the way you pay tax, and the percentage you pay, changes depending on your chosen ownership structure. Let’s take a look at the options available.
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Apr 8, 2024 | 
au.finance.yahoo.com | John Pidgeon
Updated 8 April 2024 at 9:22 pm·5-min readIt can be daunting when inspecting a property for the first time. You need to know what to assess when you’re researching available places online and at in-person inspections. Are you expected to be as qualified as an electrician or plumber? No.But you can look at some base-level features to get a sense as to whether pursuing a property is worth it.
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Apr 4, 2024 | 
au.finance.yahoo.com | John Pidgeon
Updated 4 April 2024 at 3:02 pm·4-min readWhen property investors fail, I find that most of these failures come down to not having a strategy or having a lopsided strategy that’s tied too heavily to one aspect of a property – oftentimes, the location. You need more than this. By incorporating a blend of various concepts into your approach, you create a resilient portfolio that can effectively respond to market dynamics.
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Mar 27, 2024 | 
moneymag.com.au | Paul Clitheroe |Michelle Baltazar |John Pidgeon |Joanna Tovia
Dear Paul,We are a blended family with four children: an 18-year-old with special needs, two 13-year-olds and a 10-year-old. We have two mortgages on two units between us, with estimated equity of $750,000. One unit has been valued at about $1.25 million and the other at around $630,000. Both are in good areas and are tenanted. We both have reliable jobs and have a joint income of $260,000 before tax. We pay $1500 a week in rent on a five-bedroom house in Sydney.
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Mar 22, 2024 | 
moneymag.com.au | Nicola Field |Sophie Ryan |John Pidgeon
Qantas Club fees set to soar, new research reveals the most dangerous place to park your car, and power bills to drop by up to 7% - will you benefit? Here are five things you may have missed this week. Qantas fans have a window of opportunity to save on Qantas Club membership, which among other things, provides access to Qantas Lounges. From April 18, 2024, it will cost up to 30% more to become a Qantas Club member, with the one-off joining fee for new members jumping from $99 to $129.
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Mar 14, 2024 | 
moneymag.com.au | Joanna Tovia |Michelle Baltazar |John Pidgeon
Will the RBA keep rates on hold? Mortgagees wait with bated breath on Reserve Bank decision, Reddit's going public, and more people are paying cash for real estate. Here are five things you may have missed this week. Bank lifts rates ahead of RBA meeting next weekThe Reserve Bank of Australia board is expected to keep the cash rate on hold at a 12-year high of 4.35% when it meets on March 18 and 19, but some banks are lifting interest rates for borrowers anyway.
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Mar 8, 2024 | 
moneymag.com.au | John Pidgeon |Tom Watson |Paul Clitheroe
Knowing how much you can borrow to buy or invest is one of the most important pieces of the property puzzle. But be wary of getting too excited about spending up big simply because a lender says you can borrow a certain amount. Spending less than you've been pre-approved for means lower debt burden, risk mitigation, improved cash flow, and room for future investments. Typically, fixed and variable interest rates differ from each other.
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Feb 27, 2024 | 
moneymag.com.au | Michelle Baltazar |Tom Watson |Terry Ryder |John Pidgeon
Published With prices soaring above a million dollars, breaking into the property market is a daunting quest. If you're just starting out, is there a way to own your own home, or is it mission impossible? This week on the Friends With Money podcast, Money's Michelle Baltazar chats with John Pidgeon, author of Sort Your Property Out and Build Your Future, about overcoming the challenges of the current market. Is there a perfect time to enter the market? How do you save for a deposit?
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Feb 27, 2024 | 
moneymag.com.au | John Pidgeon |Michelle Baltazar |Tom Watson |Terry Ryder
Looking to invest but unsure if now is the right time? Despite higher interest rates, property remains an incredible wealth creation tool - all you need is patience and the right strategy. In the new book, Sort Your Property Out & Build Your Future (Wiley $32.95), property coach and co-host of the top-rating my millennial property podcast, John Pidgeon, provides a practical guide on how to build your financial future through property.
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Apr 5, 2023 | 
beanstalkmums.com.au | John Pidgeon
1. DON’T GO ON A SHOPPING SPREEOK, so you’ve got some cash in your bank account following your financial settlement and you are accountable to no one but yourself. It might feel exhilarating and the temptation to spend, spend, spend will be high. After all, you’ve been through hell and deserve some enjoyment. I’m not saying you can’t treat yourself, but please be careful. Keep spending to a minimum. Think: New bed covers, a fresh haircut, or a household appliance that will make your life easier.
