What you need to know about property trading in a rising market
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Articles by Salesh Chand.
With the property market improving and prices starting to rise again, we are seeing increasing numbers of experienced traders in the market.
Trading can be a great strategy in an upward market, but it’s easy to overspend or buy the wrong sort of property if you don’t understand the fundamentals involved.
In this recent webinar, I had a discussion with my fellow presenters, Than Sundar and Maggie Zabaglo, about what you need to know to make a profit from buying and selling houses. You can watch the recording below.
In addition, Kris Pedersen from Kris Pedersen Mortgages made a special appearance to tell us about a new finance product which offers large cashback and lower deposit for new purchases and refinancing. While this particular product is only available for a short time, the principle of finding out about the cashbacks various lenders offer still applies.
Salesh Chand
Partner and Director of Business Services
© Gilligan Rowe & Associates LP
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Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.
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Just wanted to pass on how incredibly impressed I was with Quade Fraser, I have some complicated aspects to my personal situation and was looking at the a purchase of a property while needing to consider multiple individuals, a company and with my contracting and GST considerations.
I asked the consultant multiple questions over our meeting and he was able to calmly and articulately answer everything and give me cause to think about a whole lot of areas I would not have even thought of including; bright line, GST, mixed-use assets, trust structures (considering children beneficiaries), utilising a company structure etc. The bottom line is, I have a much better idea on what we need to do to structure my affairs in the most beneficial way for my family over the long-term.
Very knowledgeable, professional and with a great manner too. I got a huge amount of value out of the meeting.
- Kate, June 2023
Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.
We help new, small and medium property investors become long-term successful investors through our education programmes and property portfolio planning advice. With our deep knowledge and experience, we have assisted hundreds of clients build wealth through property investment.
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