In this episode, we uncover pitfalls for new property investors. We navigate the marketing maze, stressing the need for a healthy dose of skepticism, and explore common mistakes, from focusing too much on yield to historical underperformance. Consider buying an old house in a built-up area to avoid common pitfalls.
Tune in for key insights to safeguard your property investment journey.
Episode Highlights:
2:35: Where to start?
3:15: Deceptive Content
8:20: Research & Due Diligence
9:15: Analysis Paralysis
10:05: Client Example
11:30: Property Developers Research and Profits
13:05: Typical investment property has underperformed the national growth rate
14:10: Cashflow vs Growth
15:30: Tips for New investors
18:15: Depreciation Benefits
18:48: Summary
DISCLAIMER:
- Please be aware that the content presented in this video is for general informational purposes only and does not constitute financial advice.
- The information provided is not tailored to your individual circumstances, and we do not consider your specific financial situation.
- It is strongly recommended to consult with a qualified financial advisor or professional before making any financial decisions based on the content of this video, as we have neither offered nor provided legal, financial, or taxation advice to the Listener, Reader, or Viewer.
- We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and is not authorized to provide financial services.
- Any actions taken by viewers based on the information in this video are at their own risk.
