If you've got capacity to borrow, if you've got a job, now is the best time to secure a house since 2000.
Adelaide, SA (PRWEB) December 2, 2008
The recent financial crisis has affected billions of people all over the world, but despite all the doom, gloom and frightening market falls, one successful single mum is thriving in today's property market. Charyn Youngson has just released a brand new website called http://www.HousesToImpress.com, which shows everyday people how to squeeze the maximum value from their home, even in a falling market.
The recent Real Estate Institute of Australia Housing Affordability report showed that housing became more affordable for the first time in more than 18 months during the September quarter. However, despite the increase in affordability the report suggests Australians are shying away from the property market.
Ms Youngson believes the current situation is opening up huge opportunities and makes the following recommendation for people looking to get into property development, "Don't spend when you don't have to, but equally, don't skimp when whatever you're going to spend will return three or four times your investment."
Chief executive of the Real Estate Institute of Victoria Enzo Raimondo agrees, saying, "If you've got capacity to borrow, if you've got a job, now is the best time to secure a house since 2000."
On her website http://www.HousesToImpress.com, Charyn Youngson shares with her visitors that "good planning and thorough investigation is what enables you to buy right, meaning at the right price, and buying right is the secret" says Youngson.
"What I've found is the less money you have to throw around, the more thorough you have to be in the planning process and good planning is the key to success in property investing," says Youngson.
While Ms Youngson is already busy doing her own property investing, she has decided the next step for her is to share what she's learned with others who want to follow a similar path and it's already paying off for many of her students.
One of Charyn's students purchased a property for $109,000, spent $12,000 renovating it and sold it again just 2 months later for $156,000. "You have simply transformed the property from a complete wreck to something anyone would be proud to own!" said David Smith of Ray White Real Estate.
Charyn understands the need for tough decisions and staying the course. "I started small time property development after I was sacked from my administration job and, as a single mother, I had two mouths to feed, three including mine, and school fees to pay, so I couldn't afford not to make a profit on any job I did," she says.
As a result, Charyn has never undertaken a project that didn't return a better than expected profit.
Charyn's message is particularly relevant right now for people new to the property market, given the recent boost to the Federal Government's first home owners grant in Australia. "Opportunities are wasted when people are reluctant to leave their comfort zone," says Charyn who believes the current market is perfect for those willing to go against the crowd.
For those who are keen to learn more about getting into the property game and turning a profit through home renovation, Charyn is offering a special free report to people visiting http://www.HousesToImpress.com. "The report includes simple, practical ideas that I've personally tested and used to make a profit through my own investments," says Ms Youngson.