Hi friends.
2020 sure brought a lot of change to the whole world...
And despite the global financial and debt situation (or perhaps because of it), I think 2021 will be a strong year for property in Australia, in general.
Not specifically because of good fundamentals, but because of how governments – and ‘The Powers That Shouldn’t Be’ aka Central Banks – respond to it.
We now clearly understand... because most people can’t afford to pay for a property in cash, the banks and lenders have a huge impact on the property market.
With interest rates at record lows, and the government and lenders pushing for relaxed lending standards, and lots of high-income earners actually being ‘cashed up’ from the pandemic, plus a general opening up again of the economy...
It’s looking like a strong market for property in general.
We’re seeing really strong increased buying and rental interest in major regional areas connected close to major cities... think Central Coast, Wollongong, Gold Coast, Geelong, etc... plus also the outskirts of major cities (unlike the city centres like it used to be).
People are also likely to have more flexible working arrangements moving forward, and so are electing to move and live further from work... but still in range of the office if they’re required to be there once or twice a week... for lifestyle reasons.
I believe many of my ‘New Way To Make Money In Property Fast’ strategies will do really well in these areas.
Remember, my whole ethos is to ‘ADD VALUE’... don’t just be a boring investor, but an active investor... and that means small developments, renovations, and my number #1 pick for 2021 is… wait for it… Airbnb!
Yes, I’m now back and bullish on Airbnb for many, many reasons.
Firstly, in this month’s video success tip below, I explain the 4 key factors to consider on any investment you make (not just in property), and when you analyse my #1 property strategy Airbnb through this 4 key factor lens, you’ll see why it is so powerful.
Yes, I’ve been doing A LOT of research on how Airbnb has been performing, and you’ll be astonished at what I’ve found...
As a company, they’ve handled the past year very well, and accordingly, are gaining massive market share over hotels. Plus, now that the ‘plandemic’ appears to be lifting, it’s already very strong for local tourism.
A whopping 50% of people indicated their first post-plandemic holiday will be domestic, and within a days drive of where they live...
And I believe this will see many people converting their properties back over from standard rentals to short-term rentals.
Also, once international travel normalises sooner than later, we’re going to see tourism come back... plus international students returning... and overseas migration increasing.
This is all going to add pressure to the standard rental market... which should also drive rents higher, as these three drivers contributed the most to softer rentals when they were halted.
When you put these two pressures together... less properties for standard rental plus an increase in standard rental demand... plus strong domestic travel and holidaying... it’s a strong indicator for potential capital growth AND positive cashflow, for well-located investment properties, as well as high quality Airbnb’s.
But be warned, the Airbnb market has now matured, as I said it would, plus governments and local councils have now resolved many of the unanswered policy questions around the short-stay rental market, so now more than ever, you need to be up-to-date on where things are at.
For this very reason, we’re hosting a new, updated, Live Airbnb strategy webinar with Q&A very soon. In it, we will reveal the truth – the good, the bad and the ugly – of how Airbnb has faired as a strategy through the lockdowns, and what we’ve learned moving forward.
It’s not to be missed, because right now the opportunity back in this space is almost as big as when it first started, and you don’t want to wait.
You can access this through our Gift Of The Month below.
Oohhh yeah, and the world’s richest man, Elon Musk just bought a staggering $1.5 billion dollars of Bitcoin. Yep, Bitcoin’s new all-time high is now above USD $48,000!!
Enjoy this month’s video success tips, and content, and…
Be Awesome!