In this conversation, Jaryd Krause and Sam Powell discuss the importance of strategy when it comes to buying investment properties.

They emphasize the need to start with the end goal in mind and consider factors such as desired lifestyle, financial freedom, and passive income. They also highlight the difference between a true strategy session and a sales call, emphasizing the importance of working with a trusted advisor who understands your goals. They recommend reassessing your strategy every year and considering factors such as cash flow, equity, and market conditions.

Overall, they stress the importance of having a clear strategy and regularly reviewing and adjusting it as needed.

EPISODE HIGHLIGHTS:

• Start with the end goal in mind and consider factors such as desired lifestyle, financial freedom, and passive income.
  
  
• Work with a trusted advisor who understands your goals and can help you develop a personalised strategy.
  
  
• Regularly reassess your strategy and make adjustments as needed based on factors such as cash flow, equity, and market conditions.
  
  
• Consider different investment options and asset types to diversify your portfolio and achieve your goals.
  
  
• Invest in your financial education and surround yourself with a team of professionals who can help you navigate the property market.

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.