PIPA In the News

Wed
22 Feb
2017

Industry optimistic on property

The latest research into the property market has shown professional practitioners are very positive about the outlook and overall business conditions for the sector for 2017.

The Property Investment Professionals of Australia (PIPA) Member Survey revealed 54 per cent of property professionals are very optimistic about 2017 business conditions, with a further 43 per cent saying they are optimistic.

"It is encouraging to see property professionals so confident about the outlook for their businesses and this sector more broadly," PIPA chair Ben Kingsley said.

Wed
22 Feb
2017

An investment lending squeeze hasn't put investors off Brisbane property

Property investors are most keen to putting their money in the Brisbane market.

New research which surveyed property industry professionals found that 44 per cent thought Brisbane had the best investment prospects this year.

PIPA chair Ben Kingsley said there were a couple of reasons that Brisbane was considered a good place to invest.

"The first one is that we know that the income to value ratio is substantially lower in Brisbane and southeast Queensland than what it is in both the Sydney and Melbourne market at the moment.

Wed
22 Feb
2017

Property professionals bullish on year ahead, despite market uncertainties

Property professionals bullish on year ahead, despite market uncertainties: survey

Key points:

• Investor lending squeeze is the biggest concern

• Brisbane is a preferred investment destination

Despite market uncertainties such as the tightening lending of policies, taxation changes and potential interest rate increases, property professionals are optimistic about the 2017 market outlook and overall business conditions, a new survey has found.

According to the Property Investment Professionals of Australia (PIPA) Member Survey*, more than half (54%) of property professionals are "very optimistic" about business conditions for 2017, while another 43% are "optimistic".

Wed
22 Feb
2017

Property Industry Leader talks about his mistakes - Ben Kingsley

Property Industry leader Ben Kingsley is our feature guest this week as he talks about his earliest property investment lessons and how he nearly fell for a big mistake he now sees many investors make.

Like so many of our past guests, Ben is very generous with the advice he gives which is drawn from his personal experiences.

Fri
10 Feb
2017

To succeed in property investment, think like an owner-occupier

"When investing in property, your long-term profits will depend on your ability to think like an owner-occupier," said Ben Kingsley, the founding director of Empower Wealth and chair of Property Investment Professionals of Australia (PIPA).

Ahead of speaking at the Property Buyer Expo, which debuts this month at the Melbourne Convention and Exhibition Centre, Kingsley said it's essential for property investors to put themselves in the mindset of owner-occupiers for two very important reasons.

"Owner-occupiers buy with their hearts, emotionally, so they push prices higher to get exactly what they want, whereas investors should buy with their heads," Kingsley said. "This makes owner-occupiers price makers. Smart investors should be price takers by buying property with high owner-occupier appeal."

Wed
25 Jan
2017

Who do you ask for investment advice?

Who do you ask for property investment advice?

A recent survey by the Property Investment Professionals of Australia (P.I.P.A) revealed the many and varied sources investors consult for advice, but since most property investors fail to achieve the financial freedom they deserve, and with less than 8% ever owning more than two properties, a better question to ask would be:

Who should you ask for property investment advice?

Tue
17 Jan
2017

Elite broker says more lending curbs are coming

A Melbourne-based broker and Elite Business Writer believes that regulators will put further restraints on credit for property investors in 2017.

Matthew Mannaert of Acceptance Finance, who came 48th in The Adviser's Elite Business Writer ranking 2016, specialises in property investment and has seen significant changes in the lending landscape over the last 12 months.

"Originally, we used to have quite a variance in the different servicing levels from different lenders," he said.

"Given the same parameters, you might be able to lend 300,000. Another lender you might have been able to lend 500,000.  Well, that's all come back into line now, whereas pretty much all the lenders are on the same sort of level.

Wed
11 Jan
2017

MyPropertyPro: The Agency where 'this is the way it's always been done' is a banned phrase

It is a common childhood dream of many to become a pilot, but what about pilots who dream of working in property management? How does that make any sense?

Well it made plenty of sense to Andrew Hancock and Luke van Dongen – who are airline pilots and friends – and share a passion for improving the property management sector.

Over coffee about two-and-a-half years ago, Hancock and van Dongen discovered they both envisaged using aviation policies and procedures to better property management and to increase its professionalism.

A year later in April 2015, MyPropertyPro was launched in south-east Queensland offering property management services and headed by van Dongen, who has a degree in business and economics, as its principal agent.

Wed
11 Jan
2017

The pros and cons of investing in offshore property

An ATO analysis of 13 million tax returns from 2014 showed that about 5% of Aussie tax payers were earning money from investments made in other countries. With house prices beginning to cool and rental yields tightening across the country, should Aussie investors seriously consider offshore property investments?

Ben Kingsley, chair of the Property Investment Professionals of Australia (PIPA), said there are three main reasons why offshore property investment might be lucrative for some investors. The first reason is the significant yield potential.

Sat
07 Jan
2017

Property Purchase: "Don't Panic"

 

Property Purchase: "Don't panic" - Veronica Morgan - Principal - Good Deeds Property Buyers.

More tips: http://bit.ly/Yahoo7RealEstate

  

Sunrise Affordability debate resurfaces picture

 

 

subscribe newsletter icon