10 Vital Finance Tips to Survive Your First Year as a Business Owner
Very good post on BusinessBlogs – these 10 tips are really good to know for any business owner. I also think that the tips are good for investors as well. Cash flow is the life blood of your business. You might expect a positive cash flow in your first year but the cash flow of each month of the year needs to be within the limit of your financial
resources.
Points To Consider When Buying An Investment Property
Many people purchase investment property simply because it goes up in value. Consider which is important: capital growth, cashflow or a combination of the both? What type of property do you want to buy?
Ways To Tell If You’ve Got Too Much Debt
Could you survive without your next wage/salary payment? If you’re not sure of the answer, you need to assess your budget now. Not being able to survive a missed wage/salary payment is just one warning sign you may be heading for financial trouble.
What is Leverage?
Leverage is borrowing to purchase an asset so that while you have control of the asset you have not as of yet paid the full purchase price of that asset. Leverage is commonly used in property investment. The net effect of leveraging is to multiply the possible return, and also multiply the risk run by the investor.
A Guide to NZ Mortgages & Trusts
A large number of trusts established in recent times have been for ownership of property, whether the family home or investment property. In most cases these properties have loans secured by a mortgage. There are plenty of options when it comes to loans, mortgages and trusts and it is important you understand the implications of how yours is structured.
Thanks Bernard Hickey and PropertyTalk.com
One 5 minute phone call and our interest payments have been reduced by $230 per month!
The motivation to pick up the phone and get a better deal from our lender came from Bernard Hickey of Interest.co.nz and the property investors who frequent the discussion forums of PropertyTalk.com.
