

822b buying your first property: home or investment?
Jun 4, 2025
John Pidgeon and Rach Croon share valuable insights on purchasing your first property, highlighting strategic planning and saving tips. They dissect the decision-making process between buying a home or an investment property. The duo discusses the benefits of professional property management versus self-management risks. They also touch on current market trends and the complexities of securing loans, emphasizing the importance of early financial planning and government support for first-time buyers.
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Saving $500 Monthly for Investment
- Start saving at least $500 a month before considering an investment property to ensure you can manage cash flow.
- Understand your property's holding costs to accurately assess your needed cash flow buffer.
10% Deposit Minimum Advice
- Aim to have at least 10% of the purchase price saved to avoid complications without a parental guarantee.
- Consider your personal financial situation and debt before engaging with mortgage brokers.
Consult Brokers Early for Planning
- Talk to a broker early even if you’re a year away from buying, to clarify your goals and savings targets.
- Discover potential government incentives and parental guarantee options by consulting professionals early.