In 2021, major changes were made to the Residential Tenancy Act for both renters and rental providers. Today, I am joined by our director of property management, Renee Whitehouse to discuss these changes, why they were implemented, their impact on both renters and rental providers and why having a good property manager on your side can help investors navigate their new responsibilities.
Investing in property can be a great way to build wealth and secure your financial future. One way to effectively expand your portfolio is by buying interstate. This week, and with the help of seasoned property mentor, Malika Kingwell, we discuss how to identify profitable markets anywhere, why buying locally and buying interstate is not all the different and how to build a strong team of experts to support you along the way.
Last week, the RBA increased the cash rate to 3.35%. In light of this and for today's Full-On-Feb episode, I am joined by Aaron Best, the members experience director at The Property Mentors. Here we discuss the fundamentals of inflation, its correlation with the recent interest rate hikes and some of the suggested solutions in tackling it.
This weeks episode topic was submitted by Investor Intelligence listener, Elaine who wanted to know more about why the buy and hold strategy in investing is the best strategy to pursue. To answer this, I invite investment expert Luke Harris to explain why this approach is not only preferred but also more effective than the higher risk investment strategies such as 'timing the market'. We will also look into some of the proven benefits that can be gained when investing using a buy and hold strategy.
We're kicking off our Full-On Feb series with an FAQ episode with our investment expert, Luke Harris. Todays questions/topics cover: 1) Why should I engage a property mentor when I can just go online and find a property myself? (3.15) 2) If a property has negative cash flow, could it still be a worthwhile investment?(8.45) 3) Why does diversifying property types benefit your portfolio? Why not just buy all houses or apartments?(13.30) 4) If someone wanted to try their hand at renovating or flipping houses where should they start?(18.35) 5) What is a WPT and how does it differ from regular property investing?(30.35)