What are the realities of property investing?
The dreams of purchasing properties to create wealth through a portfolio is the goal of property investors, yet the realities of purchasing properties can sometimes creep up on us and push us into debt.
CEO of Positive Real Estate and managing partner of Richardson and Wrench, Sam Saggers, chats to Smart Property Investment about the skills of being an investor, how holding a property in the long term as opposed to selling too quickly is better for investors and reveals what he thinks will happen to the property markets state by state in the future.
Sam explains his take on slower growth in the market and how it will impact investors, his take on the so called property crash as well as his advice to investors revealing the ‘big three’ points he looks for before purchasing a property.
You will also find out how to know where to look for property, his hitlist of places to invest and how supply and demand impacts the growth in the markets.
If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn.
If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!
SUBURBS MENTIONED IN THIS EPISODE:
Sydney
Melbourne
Brisbane
Manly
Docklands
Bentleigh
Brighton
Prahran
RELATED AREAS OF INTEREST:
Investors continuing to leave market and be replaced by first home buyers
The impact the major banks are leaving on investors
APRA chairman sets sights higher on ‘improvements’ to lending
Big NSW suburb ‘negative growth traps’ to avoid
More from this writer:
-
Following the family tradition
-
Strategies, affordable housing and increasing market opportunities
-
How this investor learnt from costly mistakes
-
From engineer to buyer’s agent
-
How this investor made a career out of a hobby
-
How is each property market really performing?
-
Q&A session with Paul Glossop – more questions answered! March 2018