The 11 Best Tips For Buying Your First Investment Property (Ep49)

http://onproperty.com.au/free – See real positive cash flow property listings
So you’ve decided to go ahead and purchase your first investment property. Firstly let me say a massive congratulations to you. Purchasing property can be a great step towards securing your financial future.

Today I’m going to talk about the eleven tips that I have for buying your first investment property.

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http://onproperty.com.au/49 – View the full transcription and audio version of this episode.

19 thoughts on “The 11 Best Tips For Buying Your First Investment Property (Ep49)”

  1. Just came across your channel. I am a new real estate agent who wants a clear understanding of investing so I can better serve myself and my clients. You explain things so clearly and straightforward without the rambling! Keep the vids coming! NEW SUBSCRIBER.

  2. Hi Ryan,
    Thanks for your great videos on your channel.
    I'm renting atm and only earn 57k/y. I pay $260/w for rent and am single.
    I was thinking buying myself a house to live in but after abit of finincal education I realised it'll be a liability not asset.
    Do you think in my situation, it'll be still wiser to buy my 1st investment property instead.
    My goal to provide enough cashflow in the upcoming years and retire in 9 years time.
    Thanks in advance.

  3. Tip 12: Check your spelling least you make yourself a laughing stock by misspelling your industry-related terms like 'conveyancer', which has been written 'conveyencor' (Tip 4: Conveyencors vs Solicitors)!!

  4. When peple tell me "This is a GREAT investment property" i ask why they haven't snatched it up…. once you do that sales rap ends lol

  5. Hey, enjoy your channel.

    Thought i might just question tip 4.

    It sounds like you are saying that you can go through a conveyancer and if troubles arise, then you can bring in a solicitor. I feel like that was a little misleading.
    As the reason you employ a solicitor for conveyancing work is to ensure no future problems arise and that the deal goes smoothly, at least on the conveyancing side.
    If you do as you suggest and go with a conveyancer, and save a few dollars. The one time that there are issues it will cost you a substantial amount of money with a solicitor.

    Example if issue arises:

    1) Conveyancer fees $500-$1000, then issue arises Solicitor fees for litigating/negotiating $1000-$5000 (Depending on complexity)

    2 Conveyancing with Solicitor $500-$1500, then if issue arises (of course that won't happen as you hired a solicitor).

    Hope this helps clarify the tip slightly better for costs, for your audience.

  6. #Greig Sanderson +Amy Thyst My facial hair is so thick even when I shave I have a moustache, so either listen to the podcast or get used to moustachio…property blogger by day, mexican vigilate by night. @Property valuation group

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