Aus Property Mastery with PK
How To INCREASE Borrowing Capacity In Australia – The 11th TIP at the end of video will blow your mind!
29 Nov 2021
In this week’s episode, we learn about ‘Borrowing Power,’ a term used to describe the loan amount a lender is likely to approve you for, based on your financial situation. Having a higher borrowing power means you can build a larger property portfolio and a larger Passive Income. So, find out today how people keep buying properties one after another! Discussion Points: 0:00 Introduction with special guest, John 3:44 Experience is KEY 6:33 Banks now require a broker to work extra hard 8:02 Ask your broker to find out what the bank assessment rate is 9:58 Positive credit reporting and debt sorting 16:09 How to find a good broker 19:05 Raise your income levels 22:50 Sharing debt with family with a common debt reducer loan 25:26 Investment property solutions 29:49 Building a gross 200-million-dollar portfolio 34:30 Renting shares out for positive cash flow through covered calls 36:11 Concluding words About The Host: Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. Resources: Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/ Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty Watch No Nonsense Property Market Insights On Our YouTube Channel 👉https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta Disclaimer: No Legal, Financial & Taxation Advice The Listener, Reader or Viewer acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only; We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information; We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer; The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant; The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances; We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer. See omnystudio.com/listener for privacy information.
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