3 Rules For Selecting The Right Market To Invest | #21
In today’s episode of The Property Lovers Podcast we discuss the 3 rules you need to know in order to select the best market to invest in.
Selecting the right market can mean a lot of things; is it the right time to invest? Have I done my research on the location? What is my investment strategy? At times it can feel overwhelming and in a time of great shifts it has never been more important to make sure we have the answers to those questions.
The fact is there never will be a perfect time to invest because there is no ‘good’ or ‘bad’ market, it is all relative. That is why we sat down to discuss the 3 rules you need to know when selecting the right market to invest in so you can stay on top of your property game this year.
- The signs that tell us the Australian property market is on a downturn
- Why you need to know your potential buyer before you make an offer
- How to ‘know’ your area like the back of your hand
- Why this could be your only opportunity to aim high for the rest of the year
- The fishing analogy that could change your property game
- What the different strategies are for different markets
- Why we are moving away from the ‘renovation’ boom
- A step by step guide on how to reverse engineer a buy and hold strategy
- The importance of building buffers in your financing plan
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Disclaimer: The content and information provided on the Property Lovers website, podcasts, video or written content is general advice and for educational purposes only. None of the information presented constitutes, or is intended to constitute, a recommendation for any particular security, investment or strategy suitable for a specific person. The information presented does not take into account your particular investment objectives, financial situation or needs. You should strongly consider seeking independent professional advice based on your specific circumstances.