PIPA In the News

Mon
04 Dec
2017

PIPA announces changes to leadership team

The Property Investment Professionals of Australia has announced changes to its leadership team, after property expert Ben Kingsley stepped down as chairman.

As of Friday, 1 December, Peter Koulizos takes the role of chairperson at the Property Investment Professionals of Australia (PIPA) board of directors, after former chairman Ben Kingsley stepped down from the role following five years of service.

Dubbed the "property professor", Mr Koulizos was first appointed as a director in 2015, and assumed his new role as chair on Friday.

Mr Koulizos has 20 years of experience as a property developer, investor and teacher of real estate and investment in several educational institutions.

Fri
01 Dec
2017

PIPA elects new board chairman

The PIPA board of directors has elected Peter Koulizos as the association's new chairman, effective 1 December 2017.

Mr Koulizos replaces outgoing chairman Ben Kingsley, who stepped down after five successful years at the helm of PIPA. Mr Kingsley remains on the PIPA board of directors.

Mr Koulizos was first elected to the PIPA board in 2015 and is a South Australian property academic at both TafeSA and the University of South Australia.

Affectionately known as the "Property Professor", Mr Koulizos brings more than 20 years of real estate and investment teaching to the chair position as well as personal experience as a successful investor and property developer.

Fri
01 Dec
2017

Lack discipline? Maybe a line of credit isn't for you

Lines of credit on home loans are a relatively new product in the mortgage marketplace.

But the problem is that it can be tempting for borrowers to use them as a cash machine that they never have to repay.

But, of course, that is not the case at all because lines of credit are not free money.

Property Investment Professionals of Australia chairman Ben Kingsley said lines of credit can have a role in the financial landscape but discipline was the name of the game.

Thu
30 Nov
2017

PIPA elects Peter Koulizos as board chairman to battle for property punters interests

The PIPA board of directors has elected Peter Koulizos as the association's new chairman, effective 1 December 2017.

Koulizos replaces outgoing chairman Ben Kingsley, who stepped down after five successful years at the helm of PIPA. Kingsley remains on the PIPA board of directors.

Koulizos was first elected to the PIPA board in 2015 and is a South Australian property academic at both TafeSA and the University of South Australia.

Affectionately known as the "Property Professor", Mr Koulizos brings more than 20 years of real estate and investment teaching to the chair position as well as personal experience as a successful investor and property developer.

Mon
20 Nov
2017

Despite challenges, investors remain bullish

Despite tightened lending conditions, the prospect of price bubbles, and pockets of oversupply, Australia's property investors remain bullish about the long-term benefits of residential real estate, according to the Property Investment Professionals of Australia's (PIPA) Annual Investor Sentiment Survey 2017.

The national survey, which gathered insights from 742 investors, indicated that the majority of investors (70%) believe now is a good time to invest in residential property. Meanwhile, 61% are looking to purchase a property in the next six to 12 months (up from 58% in 2016).

However, concerns over ongoing changes to investor lending policies are dampening prospects, with 43% of respondents reporting an adverse impact in their ability to secure finance, compared to 32% last year.

Fri
03 Nov
2017

Investors are looking at new options

IN THE face of tighter lending conditions, more property investors are choosing to use mortgage brokers to secure finance, the third annual Property Investment Professionals of Australia Property Investor Sentiment Survey has found.

The national survey, which gathered insights from 742 property investors, found that 73 per cent of investors used the services of a mortgage broker to secure their most recent loan – up significantly from 65 per cent two years before.

And in the next 12 months, 83 per cent of investors intend to finance their next loan through a broker – up from 71 per cent last year.

Tue
31 Oct
2017

Mistakes property investors make: negative gearing

Property investment is all about understanding the best strategies for you to achieve your financial goals and then researching the market for suitable properties to implement your strategy.

But some investors get into trouble because they decide to go against their own due diligence or ignore their budget entirely.

While the development of a sound strategy is essential at the start of your investment journey – as well as having the discipline to stick to it – there are also a number of other mistakes that investors make that should be avoided.

In this second blog, I'm going to discuss negative gearing, and specifically when investors think that it's a bonafide strategy, when in fact it is not.

Mon
30 Oct
2017

FBAA welcomes news from major bank

News that mortgage brokers are originating the majority of home loans for a major bank has been welcomed by the Finance Brokers Association of Australia.

In its full-year results, released last week, ANZ bank revealed that brokers originated 56 per cent of its mortgages, or more than 99,000 loans, in the year ending September 2017.

"We're very pleased to see those numbers, but we're not overly surprised," FBAA executive director Peter White said. "It's further proof of the value that borrowers are putting in brokers."

Mr White said that it has been clear for a long time that mortgage brokers are playing a more prominent role in the home loan sector as mortgages written by brokers have been increasing across the board.

Fri
27 Oct
2017

73% of investors opting for brokers

Tighter lending restrictions are driving more property investors to seek assistance from a mortgage broker, a new survey has found.

The third annual Property Investor Sentiment Survey by Property Investment Professionals of Australia (PIPA) revealed that 73% of investors have used a broker. This was up from 65% two years earlier.

The report also found that over the next 12 months, 83% of investors intend to use a broker when seeking their next loan – an increase from the 71% recorded in last year's survey.

Thu
26 Oct
2017

Broker popularity on the rise: Research

An increasing number of property investors are securing finance through a mortgage broker, with 83% of investors intending to do so in the next 12 months.

The third annual national Property Investor Sentiment Survey from Property Investment Professionals of Australia shows 73% of investors used a broker to secure their most recent loan demonstrating an 8% jump when compared to just two years previous.

PIPA says this is because property investors are increasingly looking to secure a better deal as 68% believe it is unfair that they have to pay higher interest rates than owner occupiers.

PIPA chair Ben Kingsley said this shows sophisticated investors are prepared to use professionals to help grow their portfolios.

 

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