Aug 6, 2018
This stage of the property cycle
isn’t as much fun as the last couple of years when things were
booming – is it?
Many investors are having
difficulty getting financing to start their portfolio or grow
And capital gains aren’t
assured, so where do you buy?
By the end of this show, you’ll
have more clarity about what's ahead and where to buy.
Top Tips for getting finance in the changing
prepared to justify and articulate your expenses
- Consider principle and interest loans rather
than just interest-only loans
- Interest-only loans can have benefits as
up an offset account
- Choose the right investment-grade
sure that you have financial buffers in place
turned down is sometimes for the best – regulations exist for good
misreporting or misinformation and be prepared for heightened
your properties re-valued regularly
a property strategy, an ownership structure strategy, and a finance
strategy in place. Treat your property investment like a
3 Success tips
succeed in business or investment, you need to model successful
people. Find people who have achieved what you want to achieve and
follow what they do.
people overestimate what they can do in 12 months and underestimate
what they can do in 10 years. It takes time to gain
people are not successful. Identify the wrong strategies that most
people are using and do the opposite.
Not all land is created equal
- Overall, the inner and middle ring suburbs of
big capital cities are the best places to invest.
of the jobs are in capital cities, so that’s where migrants want to
live. It only makes sense to invest in areas where people who want
- Properties closer to the CBD and closer to
water increased in value faster than those further from the CBD and
further from water.
- Suburbs with better infrastructure, shopping
and amenities tend to be close to the CBD and the water. That’s
where the wealthy want to and can afford to live, and they’ll pay a
premium to do it.
Links and Resources:
2018 Property Renovations and Development
Michael Yardney’s Mentorship
Some of our favourite quotes from the show:
“So one of the things you should
do when you go to your finance strategist or the banks is to
actually understand what your income and expenses are, have your
tax returns done, have all your paperwork ready, because they’re
looking at it much more carefully.” – Michael Yardney
“Going to the bank and asking
for the biggest loan you can at the lowest interest rate possible
isn’t a finance strategy. You’ll buy a property, and then you’re
going to get stuck. – Michael Yardney
“If you’ve got your ladder
against the wrong wall, every step you take will get you a step
further away from where you want to go.” – Michael Yardney
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