In this episode, Lachlan and Reece go deep into the art and science of selecting the right investment property. They unpack the biggest mistakes they see investors make when select the right asset, from macro selection to critical things to analyse at an inspection. They discuss: The critical role of due diligence, and exactly how to do it right. What most buyers miss during inspections The best negotiation strategies to secure a great dealHow to tell if you’re overpaying. What type of properties you should avoid at all costs and why. In a challenging market with increasing demand and low stock, it's more crucial that you take the emotion out of the decision and throughly analyse the properties you are purchasing. Not doing so, can cost you in the long run. Whether you’re actively searching or just starting to think about your next move, this episode will help you buy smarter, avoid costly errors, and prepare for a successful purchase.Tune in now and cut through the noise!Timestamps: 00:00 Introduction 01:29 Biggest Mistakes When Choosing an Investment Property 04:00 How Important Infrastructure Projects Are On Market Growth06:11 What Type of Property Should You Invest In?12:20 What Most People Miss At An Inspection 17:04 What Properties Should You Avoid19:07 The Best Negotiation Strategies 23:25 Are You Overpaying For The Property?27:11 Should All Investors Buy Off-Market?📍Visit Our Website: https://follio.com.au/📩 Contact Us: [email protected]📲 Follow Us on Social:Instagram: https://www.instagram.com/folliopropertypod/TikTok: https://www.tiktok.com/@folliopropertypod Spotify: https://open.spotify.com/show/4Akt4N53zsb4ldzFNlTwad?si=AFEgYOAiSh2QGbK8AfFLywLachlan: https://www.linkedin.com/in/lachlandelahunty/Reece: https://www.linkedin.com/in/reece-beddall-294557b3/#propertyinvesting #propertyinspection #assets #duediligence #propertydeals #propertymarket #investmentproperty #investing #debt

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related