The Elephant In The Room Property Podcast | Inside Australian Real Estate Veronica Morgan & Chris Bates | Host Special: Property Dumbos
On this week's episode Veronica dives into the past to talk about her own property dumbos. With 25 years experience in the property sector, from buying, selling and advising on all things property, Veronica relives the early days of her own property journey. Chris discusses the common mistakes first home buyers make and the opportunity costs associated.
Here’s what we covered:
- Next steps to take when you purchase a property
- How market conditions can alter your decision making time frame
- How to visualise your dream property
- Choosing a safe property for your children
- What you need to know about the influence your subconscious has on your decision making
- Why reactionary purchases are likely to lead to bad property decisions
- How property purchases when single affect your ability to purchase with a future partner
- Make good property decisions now rather than regretting your decision in the future
- Does purchasing where infrastructure is being built improve property growth?
- How home bias impacts new investors
- What is the appropriate loan structure for investment properties
- The opportunity of cost of waiting and buying later
- Chris and his new home inspection story
MENTIONED EPISODES:Simon Russell | Episode 1
HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au
Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au
EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded Dec 2019
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