Episode 197: My Inside Story: Upgrading Our Family Home

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Omny | iTunes | Google Podcasts | Spotify

Today, I’ll be diving into the strategic decisions behind upgrading our family home in Wembley as well as the tactics employed to secure it amongst strong competition in our hot market. 

I’ll walk you through my thought process, from evaluating the suburb’s long-term growth potential to balancing personal needs with investment considerations. My journey highlights how important it is to make property decisions that align with both lifestyle and financial goals.

We’ll also discuss the intricacies of managing emotions during a property purchase and the importance of timing in the market. As the market continues to increase, it’s crucial to approach decisions with a clear plan, ensuring each move contributes to achieving your overall goals. 

Join me as I take you inside our home upgrade journey, sharing key learnings that can help you make smarter property decisions. Let’s go inside!

Episode Highlights:

1. Intro [00:00]
2. Upgrading Our Family Home in Wembley [01:36]
3. Investment Strategy and Market Timing [02:37]
4. Criteria for the New Home [05:20]
5. Negotiation and Securing the Property [13:35]
6. Key Takeaways and Final Thoughts [20:03]

Resource Links:

• Download your copy of my report on Perth’s Best Price Performers & Top Rental Yields for 23/24 https://www.investorsedge.com.au/wp-content/uploads/2024/07/Perths-Best-Price-Performers-Top-Rental-Yeilds-for-23_24.pdf
• Get your Strategic Portfolio Plan and our help with Buying your next Perth property (https://www.investorsedge.com.au/invest-in-perth-property/)
• Join the Perth Property Investment Facebook Group (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/

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Omny | iTunes | Google Podcasts | Spotify