Good Deeds Blog

What are the risks of buying a bargain?

Is there such thing as buying a bargain when it comes to property? Some experts are fond of saying you make money when you buy, therefore you should try to buy as low as possible. It seems logical, but you should never sacrifice investment fundamentals in order to buy a bargain. Here’s why: Poor quality property […]

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How to be a smart first home buyer

There is possibly no buyer more nervous than a first home buyer. Not only are you scared about what having a mortgage is going to do to your quality of life, but there are high stakes in getting on the first rung of the property ladder. After all, a bad move can cost money if […]

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Labor’s negative gearing changes & why they won’t achieve what’s promised.

I’m biased, of course, but I do have some serious concerns about Labor’s negative gearing changes. We love to find a culprit for why our kids can’t afford to buy a home. First, we blamed Chinese investors, then SMSF investors, now it’s “the wealthy”, or what I call “attack the fat cat”. It’s a highly […]

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Three good reasons to buy a bigger house now

Looking for a bigger house but worried your current home may not be worth what it was a year ago? Or are you unsure if now is the right time given the headlines are all so negative? Actually, right now could be the ideal time to bite the bullet and make the move. It may […]

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Is it a good time to buy property in Sydney now?

Does history give us any clues about whether it’s time to buy property in Sydney now? This post was first written at the end of 2010. The property market had been pretty flat for the years following the GFC. See if there are some similarities with buyer behaviour in the current market: For the first […]

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How to make a successful Sea Change or Tree Change

There are so many valid reasons for wanting to make a major life change. Often it’s simply so you can slow down. Sometimes it’s been a long held dream about retirement. Or it could be that you want your kids to have a more rural upbringing. Whatever your reasons, the fact is that life out […]

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Capital growth or yield? Which will make you rich?

When it comes to giving investment property advice, I am a firm believer in QUALITY property, not quantity and capital growth is always my primary objective. I really don’t see the point in building a portfolio of properties that deliver high rents yet fail to grow in value. (I will put in a caveat, however: […]

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Who is really making the decisions when you buy a property?

Veronica Morgan, principal of Good Deeds Property Buyers, is fascinated by consumer behaviour. In The Elephant in the Room property podcast, she is joined by Chris Bates, financial planner, mortgage broker and wealth coach and together they’re on a mission to uncover who’s really making the decisions when you buy a property. Hence the elephant: he’s a […]

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