🎧 Episode 205: Rentvesting: What You Need to Know Before Taking the Leap
We'll also touch on the hidden traps, like chasing high rental yields or overlooking critical long-term factors like capital growth. Plus, we'll discuss why location matters so much and why making the wrong call here can derail your plans. It's all about avoiding mistakes while keeping your future goals in sight.
This conversation isn't just theory—we're preparing you to make educated, confident decisions about rentvesting. And if you've got questions about the financial side of things, stay tuned for upcoming episodes where we'll dive into those details with the experts. This is about giving you the tools to plan smart and avoid regret.
02:07 - Meighan's special house of the week
04:18 - Consideration #1: What is your goal?
07:28 - Red flag! Rentvesting is very different from the stepping stone strategy
06:03 - Consideration #2: What's your time frame?
08:45 - Consideration #3: Purchasing costs
10:29 - Consideration #4: Running costs
14:43 - What's a really big mistake most property investors and/or rentvestors make?
15:20 - Consideration #5: Rent won't make you rich
17:27 - Consideration #6: Capital growth will make you rich
24:35 - Consideration #7: Location overwhelm and home bias
29:52 - Consideration #8: Danger zones and the need for a long-term view
➼ Kickstart Tutorial for First Home Buyers https://www.homebuyeracademy.com.au/tutorials
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.

