Episode 114: Q&A Should I Buy This?

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Omny | iTunes | Google Podcasts | Spotify

Today I'm going into some of the questions that are getting asked in our Perth Property Investment Facebook Group and it's going to be interesting!

You may not be in the same specific situation, however, what I think is valuable is for you to see my thinking, my strategy, and how I approach decisions. There's potentially a lot to be gained by adapting this process to your situation. That's why I'm sharing and that's why these episodes have been so popular in the past.

I have some juicy questions today!

"Should we buy in a certain area we're looking at?"

"Can you purchase a property anonymously without the person selling it knowing who you are?"

Also, looking at some sequencing when you're trying to upgrade your home and "Do you keep your property as an investment?"  And some advice as to how I look at that situation when to sell, when to buy, and should you hold.

Then we look at Joondalup as a suburb. Whether it's worth buying an apartment or not.

Going into some of the comparisons between units and houses and how they performed in the past.

We're going into some of the options that a lot of investors weigh up. Buying a newer home or an established property, and the pros and cons of each. Then I'm going over paying off your mortgage VS. investing and paying off a mortgage later.

And finally, I'm covering my thoughts on NRAS properties. And it should be something that you consider when you're looking at investment options.

So let's go inside.

Episode Highlights:

1. Intro [00:00]
2. My Thoughts About Buying in Girraween [03:02]
3. Is It Possible to Purchase a Property Completely Anonymously? [08:38]
4. What's a Bare Trust? [09:46]
5. Consider the Change Over Costs and Focus on What is Most Important [14:21]
6. Should I Buy an Apartment in Joondalup [17:20]
7. Higher Maintenance is Inevitable but Worth It [23:05]
8. Stay Away From Buying Nras Properties [27:14]
9. Outro [31:34]

Resource Links:

• Episode 111: Strategies for Transitioning to Retirement and Greater Passive Income (https://www.youtube.com/watch?v=lfp7fxf1Dus)
• Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
• Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
• For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
• For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
• Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)

Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

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Listen and Subscribe:

Omny | iTunes | Google Podcasts | Spotify