The Elephant In The Room Property Podcast | Inside Australian Real Estate Debunking Australia's Property Investing Myths
Property advice is unregulated and plenty of myths surround what makes a good investment. Many of these myths are just sales talk, but people still seem to be enticed across the nation.
In this episode, we’re challenging property investing myths a lot of Australians believe – Is there such a thing as ‘the right timing’ in buying? Should you trust bank property predictions? Should you worry about rising interest rates?
Evan Thornley of LongView Property Managers & Advisors joins us in providing evidence that most of these property investing myths are… rubbish!
If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!
See you in the episode!
Episode Highlights:
- Evan’s journey from tech to property [02:13]
- Buying the wrong property investments [06:12]
- What does LongView do? [09:36]
- Managing investors with underperforming assets [14:36]
- Why 71% of property investors stop at one property [18:19]
- How does leverage help investors? [22:02]
- On LongView’s vision and goals [26:21]
- Is the government pointing you in the right property direction? [32:42]
- Why traditional bank property data presentations don’t work [34:02]
- School zones' impact on property prices [39:19]
- What’s driving land value appreciation in Australia? [44:48]
- The myth around interest rates and buying at the ‘right time’ [47:09]
- Two factors that affect Australia’s rising interest rates [52:19]
- Waiting for property prices to fall [56:56]
- Evan’s property dumbo [1:03:07]
Links from the show:
- ‘Weapons grade bulls---’: Property data challenges sales blather
- Will Higher Interest Rates Cause Property Prices To Fall?
- Episode 222: Fool or Forecaster 2022: Bank Scorecard
Connect with Us:
- Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
- Work with Veronica: https://linktr.ee/veronicamorgan
- Looking for a Mortgage Broker? www.wealthful.com.au
- Work with Chris: hello@wealthful.com.au
- Send in your questions to: questions@theelephantintheroom.com.au
Find this episode on our website:
https://www.theelephantintheroom.com.au/podcasts/230
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