Back to basics: What first-time investors need to know

In this episode of The Smart Property Investment Show, Phil Tarrant and Kyrillos Mansour from First Brick Property Buyers Agency revisit the fundamentals and share essential tips for first-time investors navigating the property market.

Kyrillos, an expert who works with first-time investors, stresses the crucial role of the “first brick” in setting the foundation for future investments, highlighting that the wrong first property can hinder long-term growth. 

The co-hosts also debunk the myth that large capital is needed, noting low deposit and guarantor loans, while encouraging strategic decisions based on data, even when investing interstate. 

Through the podcast Kyrillos also shares his journey from optometry to property investment, and advises patience in real estate, calling it a “get-rich-slow scheme”.

The duo also discuss the impact of interest rates and inflation, advising a long-term perspective. 

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