The Property Couch 63 | Q&A - What’s the next step to building a portfolio, size of the portfolio, IP or PPOR and diversifying wealth strategy
It’s Q&A time again! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!
- Next step to building a portfolio question from Derrick:
- Size of portfolio question from Jason:
- Question on leverage from James:
- IP or PPOR question from Karla:
- Case study question from Deanna: I am 22 yrs old and am convinced of the benefits of property as a long-term wealth-building strategy, for now, I am trying to develop as much understanding as I can. My questions are as follows:
- Do you recommend that the first property that someone buys is for PPOR or can it sometimes be an IP?
- What is your opinion of young people utilising the first home buyers grant?
- What is your opinion on diversifying wealth-building strategies? For example, do you observe in your successful clients that they are involved in property investment only or do they often also include other investments such as a share portfolio in their strategy?
References:
- Money magazine – Special Real Estate Edition – Buy here
- ABC News article: Who uses negative gearing in Australia? – Read here
- RP Data: Weekly rents have continued to fall over the past year – Read here
- 2GB Ross Greenwood chat with Roger Montgomery – Listen here
- Qantas in-flight radio: Alan Kohler chat with Bryce Holdaway – Listen Here
If you like this Q&A episode (Exiting a contract, crowdfunding, what’s the impact of global events on the Australia Property Market and more), don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here:
LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>
FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again
FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube