Episode 84: Opportunities & Pitfalls With Buying A Tenanted Property

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Omny | iTunes | Google Podcasts | Spotify

Today we’ve got my colleague and superstar property manager, Jewayne Loong along to discuss the opportunities and pitfalls when buying a tenanted property. 

It’s a great opportunity to pick up a bargain and save tens of thousands on your purchase price but surprisingly, there’s a lot more pitfalls  than most investors we speak to realise.

It can really make or break both the return that you get on the front end, whether you’re actually getting a good deal or a bad deal, or buying yourself a whole bunch of stress that you’re not expecting.

So, we’re all about trying to set things up for smooth sailing, trying to help you to know what you’re getting yourself in for to make an informed decision. 

There are a lot of interesting topics to cover, so let’s go inside.

 

Episode Highlights:

  1. Intro [00:00]
  2. Quantifying and Understanding the Different Aspects of Existing Tenancy [02:54]
  3. Important Things to Consider when Making an Offer [05:01]
  4. Important Documents Required [08:55]
  5. How to Determine whether a Bond Has Not Been Lodged with the Bond Administrator [09:45]
  6. Why is an Application Form Important [10:43]
  7. Things to Consider Before Purchasing [11:49]
  8. Solving Future Problems [18:47]
  9. Final Thoughts/Outro [21:51]

Resource Links:

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