16 (Part 2) | 5 Essential Steps to Property Investing in Australia
The Property Couch
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The Biggest Challenge With Property Planning
The biggest challenge with planning is this. It's being able to plan for future dollars in present value. A cup of coffee today is cheaper than a cup of coffee tomorrow. So when we're building these plans, we need to factor in that the time value of money will be different moving forward. We've got some in our formulas that allow us to do that. But it's not easy to do and so I want to put that into a property context for those of you who want to be DIYs.
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