One of difficulties I have, is the amount of Buyers Agents saying it's the right time to buy. Brisbane house prices are up 70% since 2018. Have a look at SQM asking prices for Brisbane! It's pretty incredible. Now the trouble I have, is almost NO ONE seemed to be saying it was the right time to buy in 2018!
Its kinda like the old saying, “the best time to buy was yesterday the Secound best time’s today” this episodes more about not rushing in and just buying anything cos of FOMO. It’s gotta be the right property that moves your strategy forward
8:35: 100 bucks a week negative would be a dream for me! It's difficult to find an "investment grade" property (The Property Couch should trademark that), that isn't 200, 300, 400 bucks a week negative, even in Brisbane. Melbourne? No chance. Try 500 a week plus in negative before tax cash flow.
Love this episode and always a banger when you bring Simon on! Is there a longer episode on this topic Todd? As a fairly 'middle' income investor I'm always torn between avoiding FOMO/emotional buying and getting in as quick as I can before the market jumps. Like, I know investing is a long-term game and as Simon says, a difference of a few months before buying won't make or break a portfolio journey; BUT at the same time, good sub
Thanks mate! there's not a longer form one on this but if there's any questions you'd want answered DM me below I'm working on a couple more eps with Simon and if we can sneak in some answers to your questions I'd be happy to 🙂 P&P insta: instagram.com/pizza_and_property/
One of difficulties I have, is the amount of Buyers Agents saying it's the right time to buy. Brisbane house prices are up 70% since 2018. Have a look at SQM asking prices for Brisbane!
It's pretty incredible.
Now the trouble I have, is almost NO ONE seemed to be saying it was the right time to buy in 2018!
Its kinda like the old saying, “the best time to buy was yesterday the Secound best time’s today” this episodes more about not rushing in and just buying anything cos of FOMO. It’s gotta be the right property that moves your strategy forward
@@pizzaandproperty1246 That is true, but I do wonder if buying Brisbane or Perth is like buying Gladstone in 2007.
Only time will tell!
8:35: 100 bucks a week negative would be a dream for me!
It's difficult to find an "investment grade" property (The Property Couch should trademark that), that isn't 200, 300, 400 bucks a week negative, even in Brisbane.
Melbourne? No chance. Try 500 a week plus in negative before tax cash flow.
Love this episode and always a banger when you bring Simon on! Is there a longer episode on this topic Todd?
As a fairly 'middle' income investor I'm always torn between avoiding FOMO/emotional buying and getting in as quick as I can before the market jumps. Like, I know investing is a long-term game and as Simon says, a difference of a few months before buying won't make or break a portfolio journey; BUT at the same time, good sub
Thanks mate! there's not a longer form one on this but if there's any questions you'd want answered DM me below I'm working on a couple more eps with Simon and if we can sneak in some answers to your questions I'd be happy to 🙂
P&P insta: instagram.com/pizza_and_property/
Where is anyone finding properties that cashflow these days???
( unless you're putting a huge deposit down )
lol, Train enthusiast 😂. Ive got to give it to these sales agents, good effort.
Haha totally 😂
😂😂