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5:37 is a huge message. Stocks and property are similar returns, BUT you can lever property a lot safer than stocks. Safe returns are essential to enjoying the investing journey
It seems like house prices are going up, but the future looks kinda bleak. It may actually become a negative asset in 2025. We have so much equity now with our mortgage but are very hesitant to use it. 3 years ago its a different story though
Hey PK. Love your content. What do you think about say buying 2-3 properties hold for 10-20 years. Sell everything and move into shares. Or do you think holding 2 properties would be more beneficial
Hi PK.. have been listening and what you said on using ur loan property to pay off your cost makes sense.. but what about in this market where interest rates are high and you dould go on negative? I am trying to do the numbers but don't see how this could be doable for more than 2 prooerties without putting yourself at risk if you lose your job
Awesome content! The only downside of it is the comparison to humans. One shouldn't hang out with nerds only to use them later on in life. Poor analogy but I get the point of what a good / bad debt is.
@9:12 a pinch of reality and a fistful of fantasy. How the hell would you be able to keep getting loans from the bank “again and again and again”? Even if managed to get a loan from second tier lender how would you be able to service all these debt.
I dont know how anyone could retire with just three properties. Using the example in the video, three properties worth 500K with a good yield of 5%, would be around 500 per week. That's 26k per year per property totaling 78k. After expenses and taxes, that becomes roughly 3800 per month. Dont get me wrong, thats better than nothing but it is not enough to retire comfortably, unless you move out from AU
$3800 a month after tax is better than $0; plus its passive meaning you’re not trading time for money. Imagine coupling that with an ordinary salary/household income
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❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES
💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty
💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 consultingbypk.com.au/podcast/
5:37 is a huge message.
Stocks and property are similar returns, BUT you can lever property a lot safer than stocks. Safe returns are essential to enjoying the investing journey
@@nq6417 exactly
It seems like house prices are going up, but the future looks kinda bleak. It may actually become a negative asset in 2025. We have so much equity now with our mortgage but are very hesitant to use it. 3 years ago its a different story though
@@sidpablo I heard the same story 3 years ago. And 6, 9 and 12
We have the biggest housing shortage right now in the history of Australia
Hey PK. Love your content. What do you think about say buying 2-3 properties hold for 10-20 years. Sell everything and move into shares. Or do you think holding 2 properties would be more beneficial
@@dmoo8121 depends really.. if it’s cashflow you’re after then maybe some share pay better dividends
Hi PK.. have been listening and what you said on using ur loan property to pay off your cost makes sense.. but what about in this market where interest rates are high and you dould go on negative? I am trying to do the numbers but don't see how this could be doable for more than 2 prooerties without putting yourself at risk if you lose your job
@yumidcutie yep just doesn't compute really.
I see real value in each of your episodes
@@SuhasGandhewar-k3x thanks!
Hi PK, great content, what if someone is living in an apartment in okay suburb but not able to upgrade to house? What is the advice to them?
Rent rooms, sleep in sofa and eat noodles
I consider my self as a pimpvester. I have a mix of bad debt and good debt.
Awesome content!
The only downside of it is the comparison to humans. One shouldn't hang out with nerds only to use them later on in life. Poor analogy but I get the point of what a good / bad debt is.
Cold where you are PK?
@9:12 a pinch of reality and a fistful of fantasy.
How the hell would you be able to keep getting loans from the bank “again and again and again”?
Even if managed to get a loan from second tier lender how would you be able to service all these debt.
@@R_Ali everyone is different, I have done lots of videos on this, search borrowing capacity and my name
@@R_Ali there’s so many strategies.. I’ve done about 7 videos answering this question of yours
@@AusPropertyMasteryWithPK exactly why there should be restrictions whether u like it or not
Whew do you live in this example? Buy or rent?
I dont know how anyone could retire with just three properties.
Using the example in the video, three properties worth 500K with a good yield of 5%, would be around 500 per week. That's 26k per year per property totaling 78k. After expenses and taxes, that becomes roughly 3800 per month.
Dont get me wrong, thats better than nothing but it is not enough to retire comfortably, unless you move out from AU
One could argue in 10 years time inflation makes the rents of those properties go up substantially, but doesnt everything else comparatively ?
In the meantime you need to grow your cash position and super …
$3800 a month after tax is better than $0; plus its passive meaning you’re not trading time for money. Imagine coupling that with an ordinary salary/household income
@@ldandco rents go up after 10 years.
But you can leverage into the share market…
@@kyrancarroll do you leverage 88% in the share market?