Property Investment Podcast Network Finding the beauty in an unusual investment
Before buying a property, its always essential to gather information about every aspect of the property market, which includes demographics, council zones, interest rates and auction rates.
Host Phil Tarrant is joined once again by investor Eric Brown to discuss how his most recent purchase of a warehouse is performing two months on. Eric reveals the challenges he has faced from council and how he has overcome these challenges. He explains why being overprepared could influence the outcome of the decision by a local councils planning panel to kick start renovations.
They also discuss the most recent summary of this weekends auction rates, including a comparison between this years and last years results as well as how they expect it to impact the market in the year ahead.
You will also find out:
- How to interpret the information you have to be a smart investor
- What decreasing auction rates mean for investors
- Why time is a huge part of property investment and renovation
- The skills to be a good project manager versus the skill to being a good builder
SUBURBS MENTIONED IN THIS EPISODE:
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