Show Notes
Why You Shouldn’t Buy Property Right Now!
There has been a bit of a shift in many of the major markets.
Interest rates have risen fast
The media is telling us why we shouldn’t buy and there are certainly people that shouldn’t be.
Now, we’re a pro property group here, we love property investing but there are many reason why you SHOULDN’T buy realestate right now.
This week we’re bringing a man that has educated 2,000+ property investors and runs the 2nd best property group in Australia (ours is the best)!
PK Gupta will be joining us live!
Together, we’re going to dive deep into what is happening in the market and the key reasons why you shouldn’t buy!
If you’re considering buying an investment property in todays landscape, you’re going to want to watch this one!
Join us Live 7:30pm NSW time.
Topics we’ll be talking about include:
- The Property Mis and Half Truths – We’ll unpack many of the common ones. This one is bound to be juicy, insightful and actionable!
- How to overcome the challenges and traps with property investing (will be helpful for investors at all levels)
- The State of the Market/s (if we ask him nicely he may give us some insights).
Episode Highlights
8:38 Introduction of PK Gupta
11:31 Buying house and Land Packages are a “good” investment
19:35 So Who should buy house and land packages? – We are meant to build 1,000,000 houses in 5 years
22:26 Is Oran Park still good suburb to buy expecting the prices go up with Airport, Train Station and Public School coming up?
27:22 Retiring [being financially free] in 10 years
32:02 Gameplans Overview
40:34 You Should “always” buy property i.e. buy buy buy
48:56 Buying commercial property will mean you’ll rake in the cash
1:02:05 Does it really matter if the value goes down? If you are getting the income – hold long term
1:04:39 Rent-vesting helps you create financial freedom
1:14:10 Paying off your mortgage in 7-10 years is easy
1:20:59 Having everything done for you in the one spot i.e. financial planning, broking & purchasing the property
1:33:10 Why do we need as much as possible education in Property?
1:37:54 What all paid and unpaid sources of data you rely on, PK? Any Websites which you may show us?
1:40:53 What is a good data source for commercial property?
1:43:09 Is a Bad Property in a good suburb better than a good property in a bad suburb?
1:46:01 I bought a property in Perth 6 month ago price is still the same since for it I have wired feeling it may have less now the worry when should I sell it?
1:49:36 What are your thoughts when the RBA finally takes their foot off the gas mid-2023? Will the big 4 increase borrowing capacity? And by how much?
1:57:46 Which is Better BA or DYI with Education?
2:05:01 How can people learn more about you or help out in any way with you?
Episode Resources
Connect with PK Gupta: https://consultingbypk.com/
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.
