MaddVice Newsletter

September 2024 Edition

Welcome From George Samios

Welcome to the September Maddvice! There are a lot of exciting updates to share with you all. Firstly, the RBA keeping rates on hold has helped keep property prices stable and enquiries high.

We are seeing many investors getting back into the market. If you are interested in investing in real estate and would like some pointers, we have created a new workshop perfect for you. It’s called the First Time Investor Workshop and it will be held at Carina Leagues Club. I’ll cover everything you need to know about property investment, including different strategies, such as buying through SMSF, etc. Email me if you’d like me to reserve some free seats for you.

We recently attended the Brisbane Home Show, where we met over 1,000 people and gave away another BBQ to a lucky lady named Kayla. These Home Shows are important for us, not only to meet new people but also to reconnect with many existing customers who attend. Record numbers swept through the convention centre and it was great to see some major brands like Tesla there this year.

Most lenders are dropping their fixed rates, with many hovering around the mid-5% range. While these may be tempting, make sure you fully understand fixed rates if you’re considering locking one in. If rates drop further and you’ve locked in, there could be significant economic costs to break the fixed rate should you decide to sell or repay your loan.

As you know, I’m big on team culture. This month, I took the ladies for High Tea and the gents for a Madd boat day on my boat. I learnt a few things—it turns out there’s not much tea drinking at a high tea; more like high champagne!

Lastly, I ticked off a bucket list item this month—I took my wife and children to Disneyland in Tokyo, Japan. It truly is a special place. The smiles on my kids’ faces are something I will cherish forever. If you’d like any tips about Japan, feel free to ask. I loved their hospitality, cleanliness, fast-paced lifestyle and most of all, the respect they show to tourists.

That’s it for September! I hope you’ve had a great month. Remember, if there’s anything you need, please don’t hesitate to reach out to me or my team—we’d love to help you.

George Samios.

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