Jaryd Krause and Sam Powell delve into the complexities of property investment, discussing the emotional challenges, the importance of education, and the necessity of understanding market cycles.
They emphasize the need for transparency in the property buying process and the significance of location research. The discussion also highlights the emotional rollercoaster that comes with property transactions and the importance of having a level head when making decisions.
Ultimately, they encourage listeners to educate themselves and be proactive in their investment strategies to secure a better financial future.
EPISODE HIGHLIGHTS
- Property investment is fraught with emotional challenges.
- Transparency is crucial in the property buying process.
- Understanding market cycles can lead to better investment decisions.
- The emotional rollercoaster of transactions can be managed with a level head.
- Investing in property requires understanding supply and demand dynamics.
- Negative growth periods are part of the investment landscape.
- Proactive strategies are essential for securing a better financial future
CHAPTERS
00:00 Introduction and Overview
03:21 Lessons from the First Deal: Retail Shop in Sunshine Coast
08:21 Pros and Cons of the First Deal
11:04 Lessons from the Second Deal: Warehouse in North Brisbane
18:05 Pros and Cons of the Second Deal
25:09 Considering Cash Flow and Risk Tolerance
29:01 Using Borrowing Capacity and Making Conservative Projections
32:06 The Current Economic Climate and Interest Rates
34:12 Conclusion
ABOUT THE HOSTS
Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.
Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.
The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.
RESOURCE LINKS:
➥ Property Pals Website - https://www.propertypals.au/
➥ Property Pals Website - https://www.propertypals.au/coaching
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources
Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.
See omnystudio.com/listener for privacy information.