Rich Harvey
๐ค SpeakerAppearances Over Time
Podcast Appearances
Getting something particularly that's got a stronger yield is going to be really important for investors as we go through this environment of rising interest rates as well.
Looking forward to it, Craig.
Thanks again, as always.
Great to be on the show again with you.
Look, Craig, a lot of people go out there and start the searching process with no strategy or thought about exactly what they want.
It's like going shopping for a car and just saying, hey, I need a new car.
But they don't have any idea of their budget, the make, the model.
When it comes to property, you've got to sit down with your partner or by yourself and write down a list of two things, your essential things and your desirable things.
So get a piece of paper or get on your computer and just write notes.
And that process of actually writing it down helps to really clarify your thinking as a buyer.
So you've got to write down the location.
Where are your preferred suburbs?
I mean, the first thing you should have done is gone to your finance broker and got a pre-approval and an estimate of what you can borrow and know your budget.
I mean, that's the very, very first thing you have to do.
So you don't go shopping without money or a credit card.
So don't go shopping for property unless you know how much you can afford.
And then write down, as I say, the suburbs, the number of beds, bathrooms, and all the features of the home that you're looking for.
And then start to think about, is it really essential to have that third bathroom?
You know, do I really need a pool?