- Posted Tuesday, February 14, 2017 by PEB Invest
- Property Investment, Investing for Retirement, Real Estate Sales
Over the last month, Jerry Collova; Director of PEB Group has spoken to quite a few people regarding Western Australia’s current economic climate and the future...
If you wanted a home loan 20 years ago you went to a bank. With no internet, you couldn't Google the best loan or even find the location of the closest bank, it was up to you to do all the leg work! Fast forward to today and over half of all borrowers are using a mortgage broker to find the right loan for them. So why use a mortgage broker rather than trusted Google?
Having the right people on your side to make buying a property a smooth process, just makes sense.
“There is one key trait that will determine if you will be a successful property investor, and that is your resilience,” according to Rick Collova, Director at PEB Group.
Lets face it, no-one has a crystal ball but if history teaches us anything, it is this; there are 4 clear phases or cycles within the property industry that you should be aware of, not only when purchasing your property but when times also hit a low point.