Where to Buy an Investment Property

Did you know that spruikers can often mislead you with promises
of “making quick money with massive profits” and that you can
“retire at 30” through property?


Yeah, that unfortunately isn’t as easy as it sounds.


Today, we’re covering the “70-30” rule, socioeconomics, vacancy
rates and more. Let’s cut the BS and talk about the real story
behind investment drivers and what you truly should be focusing
on when looking to buy an investment property.


If you enjoy the show, do like, rate, subscribe, and share it
with others! We have loads of resources available and if you’d
like to chat, email us at support@homebuyeracademy.com.au!


Let’s dive in!


 


Episode Highlights:
The Igloo [02:21] Why you need a good property
manager [04:27] Look at the socio-economic make-up
of the area [07:11] It’s all about the people who
live in the area & their income [10:26] Be
aware of the demographic data of an area
[13:13] 

The “70-30” Rule [14:12]

Why this podcast was created [16:27] Check an
area’s unemployment rate & mortgage stress
[18:35]  Spruikers and their tendency to talk
about buying under market value [20:07] Measure
& research vacancy rates [24:02] Study an
area’s sales history and price patterns [27:42]
Gentrification could be a factor for the growth of an area
[28:45]  Look for good evidence of change in
infrastructure [33:57]

Be on top of possible zoning changes [35:00]

Not all infrastructure projects push through in the end
[38:24]

Look at the land component before you invest
[39:29] Yield: an overrated investment driver
[40:51] Understand where you are in the property
cycle [42:53] Choosing where to invest is just the
first step! [43:59]


Links from the show:


Ways You Can Research Property for FREE (PDF Resource)

Investment Drivers Download (PDF)

Check out our Where to Invest Workshop!



 


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!


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