Show Notes
Have you ever wondered what would be the best property type to invest in? Commercial or Residential?
Wouldn’t it be great if we could get the opinions of people actually in each field?
Not only do they have different perspectives on this topic but they also have first-hand experiences since they have been investing in real estate for quite some time!
What if we got them together in a “Boxing match” to figure out the final victor, once and for all?
Well, that is exactly what we have done!!!
I am sick of Steve Palise and his Commercial ways (trash talking has already started) and the two of us are going to meet tomorrow in the Aus Property Investor Facebook live Ring to settle the score.
Who is going to win this epic battle?
Topics we’ll be talking about include:
- The “Undercard” what they’re both seeing in the Commercial & Resi Markets.
- The MAIN EVENT – 5 topics [“Rounds”] from each, covered off in 5 minutes. This one is bound to be juicy, insightful and actionable!
Episode Highlights
07:54 Steve’s Most Recent Purchase
15:55 Commercial doesn’t grow, where as residentials has grown consistently over the past 30 years
29:08 Residential cash flow is far inferior compared to Commercial
35:31 Deal Crunch Calculator & Property Cashflow Calculator
41:41 Why do you think that Commercial is a better cash flow?
45:21 Is It much easier to borrow more and higher LVRs in Residentials?
58:14 Do you think Commercial property will sit vacant for 12-24 months and has too much risk?
1:14:12 What is the NET loss position when you drop the rent $20 a week in residentials when you are only netting $50 a week?
1:16:31 Is Residential easy for the average people to understand as they live in it?
1:37:18 Do you think the Average Residential asset is better than the average Commercial Asset?
1:39:50 Where do you see the market in the commercial space going?
1:42:56 What would you do with 1 Million in Residentials and Commercials?
1:49:05 What mistakes have you made in commercial property investing?
1:56:51 What is the minimum price point for a good quality investment grade commercial property?
1:59:22 Why not Buy, Develop and Sell – rather than hold to generate wealth faster?
2:03:15 Summary and Learnings
Episode Resources
Connect with Steve Palise: https://www.paliseproperty.com/
Joe Tucker of Property Principle – https://propertyprinciples.com.au/
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.
