There are countless benefits to having a mentor, such as being held accountable for your goals and having access to a network of established experts - just to name a couple. But one of the more forgotten benefits of having a mentor is their access to off-market property opportunities, which in todays market is invaluable. Today, and joining me to discuss the benefits of buying off-market opportunities, is Mentor Team Director at The Property Mentors, Herman Benade. You'll hear why buying off-market is more beneficial than on-market opportunities and what having an established network for off-market opportunities can mean for a purchaser.
These days, getting onto the property ladder can seem like an insurmountable challenge with rising costs and stagnant wages making it difficult to save up for a deposit. For many fortunate people, this is where the Bank of Mum and Dad steps in, as parents and family members provide financial support to help their loved ones achieve their goals. But is it as simple as your family gifting you money, or is there more to it? To answer that, I invite mortgage broker, Chelsea Burton and investment expert, Luke Harris to talk about how this arrangement works in practice, the benefits and drawbacks for both sides and some of the realities of relying on family support in today's challenging financial landscape.
In past episodes, we've covered what inflation is, how it works and it's impact on the economy at large. But how does it impact the property market? Today, and in light of the recent interest rates rise, investment expert, Luke Harris joins me to break down the different ways inflation can affect the property market, tips for navigating inflationary periods and how to make the most of the opportunities that arise.
Do you know the key difference between being optimistic and being delusional? While both may involve having a positive outlook, there are significant differences between the two mindsets. To discuss the crucial distinction between optimism and delusion, I welcome back renowned business coach, Helen Mac as she explains how finding a balance between the two can have a profound effect on both our personal and professional lives.
This week, we delve into the hot topic of hot spots. A hot spot is an area that's currently experiencing a surge in popularity, and while it may seem like an attractive investment opportunity, it's not always a guaranteed path to success - no matter how much the media tells you otherwise. For this discussion I am joined by investment expert, Luke Harris, to share his expertise on why chasing hot spots may not be the most effective strategy. During this episode, Luke shares his insights on the important fundamentals to look out for that make an area the 'right' area for investment, and why focusing on areas with more long-term potential is far less of a gamble.
Explore the increasing trend of first-time homebuyers asking their parents for financial support. Plus steps to ensure that everyone involved is prepared and informed when considering a guarantor loan.
