Entries by Kiril Ruvinsky

End of financial year tax tips for investors

Tax time. Nobody hears those words and thinks, “yay, it’s the most wonderful time of the year!” But tax time can be rewarding, especially if you receive a tax refund at the end of it. It’s also a great opportunity to run through your finances and assess where you’re at. If you’re a property investor, […]

The tiny house movement

As housing prices continue to soar, many people are increasingly considering whether to buy a tiny home to live in or as a holiday home. The tiny house movement has been around for some time now, but despite its growing popularity, legislation is yet to catch up. This has left many confused about what’s legal, […]

5 ideas to boost your property value

There are many reasons to consider renovating, from making your property more liveable to driving up its market value and increasing the rental income if it’s an investment. So, which renovations should you consider when looking to generate a return on investment? Here’s some inspiration. The kitchen update The kitchen is often the focal point […]

When should you refinance an investment property?

With hundreds of thousands of mortgages rolling off fixed rate terms and property owners facing the mortgage cliff as they jump to higher variable repayments, a lot of investors are wondering whether now is a good time to refinance. Reserve Bank of Australia (RBA) data shows there will be 450,000 mortgages coming off fixed terms in 2024. […]

6 key questions to ask your mortgage broker

In the wake of 13 consecutive cash rate hikes through 2022 and 2023, many aspiring homeowners and current mortgage holders have been left feeling uncertain. You might be concerned about whether your dream of owning a home has been temporarily derailed. Perhaps you’re questioning how competitive your current interest rate is, or what steps to […]

What is Lenders Mortgage Insurance?

Purchasing your first home is an exciting milestone, but the challenge of saving 20% for deposit – particularly if you’re also paying rent and navigating cost-of-living pressures – can feel like an impossible mission. However, it’s important to not lose sight of your dream of home ownership, as there could be alternative options available to […]

Your guide to save for a house deposit

Getting ready to buy a home starts with saving for the deposit. It might seem challenging, but with a solid strategy, you can make it happen. Here are several things to consider that may help get you started and on track for home ownership sooner than you think. Check your current financial situation Ok, this […]

What to expect from the car market this year

Are you in the market for a new set of wheels? The good news is that used-car prices are largely continuing to fall, while new car prices have dropped 3.5% since their peak in December 2022. COVID-induced supply chain issues have well and truly eased, and in some markets, like the US, an oversupply of […]

5 tips for getting on top of your mortgage repayments

If you’re struggling to cover your mortgage repayments and other living expenses, you’re not alone. Data by Roy Morgan revealed that more Australian homeowners were “at risk” of mortgage stress over the three months to January than ever before. If you’re wondering how you’ll afford your next mortgage repayment, here are some tips for getting on top […]

The First Home Guarantee (FHBG)

The First Home Guarantee, formerly known as the First Home Deposit Scheme, is a government initiative that helps first-time homebuyers purchase a property with just a 5% deposit, without the burden of paying Lenders’ Mortgage Insurance (LMI). Typically, LMI is required when borrowing over 80% of a property’s value, but with this scheme, the government […]