Bidding at auction – for the majority of us, this can feel like stepping into the Thunderdome.
After all, only one will leave victorious.
Chances are, all the other bidders are just as nervous as you. So how do you get the upper hand without letting your emotions run away?
In episode 20, we dissect “Bidding tactics 101”
Listen as David Johnston, Cate Bakos and Peter Koulizos take you through how to keep a cool head on auction day, reading the play and strategies to add to your arsenal.
Investing in property is a great way to build your path to financial flexibility and create your ideal lifestyle.
For most people, buying property is not only the most expensive outlay in life, it’s also the greatest wealth creator and the largest debt.
Combine this with it being the only asset we both live and invest in and you have a recipe for unparalleled emotional and financial complexity when transacting on property.
The nerve-jangling reality is that one wrong step can have a devastating impact on your finances and quality of lifestyle.
Given the factors, it is easy to see why property decisions can feel so overwhelming.
This is precisely why when assisting people to make superior property, mortgage and money management decisions, a common conundrum we assist people with is deciding whether to prioritise a future home or investment properties.
Should you chase the ace or purchase and do nothing?
Well the evidence is in! The safest (and most effective) way to create wealth, is to purchase and hold.
For those afflicted with the hot shoe shuffle, always making a property decision and needing to take action, this may be hard to take in.
So, grab your vanilla slice and some fruit mince pies because it’s time for another episode of the Property Planner, Buyer and Professor.
In episode 19, we dissect “Time IN the market v timing the market.”
Making a decision to fold can be a nerve-racking ordeal. And we’re not just talking about playing cards.
Sometimes you need to make difficult decisions about the properties you have purchased. Whether the property hasn’t performed as you had initially hoped or some life event has changed your plans.
There’s one thing for sure though – the stakes are high.
In episode 18, the Property Planner, Buyer and Professor dissect “When to hold and when to fold!”
School’s back in session and this week’s topic includes everything you need to know about valuations. There are many different types, each producing a different result based on the purpose.
In episode 17, the Property Planner, Buyer and Professor dissect the ins and outs of “Valuations 101”.
Listen as David Johnston, Cate Bakos and Peter Koulizos, take you through the different types of valuations, the consequences of falling short and how you can proactively support a valuer with comparables to manage the risk of a conservative lender valuation.