Amy Lunardi is back on The Australian Finance Podcast to talk about property investing 101, including how to do it right, wrong and everything in between. Amy covers what you must know about property investing, including buying your first home and getting a plan in place.
Topics:
- Ā The need to have a defined property strategy
- Bad experiences ā especially with off the plan
- The main difference between property and other asset classes
- Long term
- Transaction costs ā both buying and selling
- Low liquidity, canāt sell half a property
- Leverage: compounding effects
- Negative gearing, positive gearing & positive cashflow
- How to figure out cashflows
- Land to Asset ratio (and why itās important)
- Intro to the different investment strategies