In this episode, we're going to share with you some property investment fundamentals. This of course will be important if your choice is to rent-vest rather than live in your first property. But owner-occupiers also need to think of their home as an investment and it's important for first home buyers because if you get this purchase right, your financial future will be a whole lot brighter.
If you would like to learn more about the process and how to buy without making a mistake, tune in to the episode!
• What do we mean by "yield"? [06:10]
• Why is capital growth more important than yield? [08:35]
• Land value versus improvements [12:21]
• Is there a secret to capital growth? [16:25]
• The 7 key fundamentals in assessing property [22:23]
• Mistakes people make when buying property for tax reasons [24:57]
• Costs when buying a home and hiring a Property Manager [27:54]
If you enjoyed today's podcast, don't forget to subscribe, rate and share the show! There's more to come, so we hope to have you along with us on this journey!
Veronica Morgan & Meighan Wells
Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.
Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!
Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.
