John and Rachelle go back to basics in this episode, answering common questions about buying your first investment property. From whether to buy a house or a unit, to what kind of loan structure and team you need, they break it all down. Plus, two real-life listener stories that show how different paths into the market can still lead to solid outcomes. This episode covers:
ππ» how to choose the right type of property
π house vs unit: whatβs better for investing?
ππ½ how much deposit do you really need?
ππΎ interest-only vs principal & interest loans
ππΏ where to invest: close to home or interstate?
ππ» capital growth vs. rental yield
π new vs. established properties
ππΌ upfront and ongoing costs to factor in
ππΎ when to consider a trust structure
ππ½ who should be in your property team
This is a sponsored episode. Find out more at terrischeer.com.au and remember before buying this insurance issued by Terry Scheer, read the PDS and TMD and consider whether it's right for you.
Check out John's book, Sort Your Property Out & Build Your Future at sortyourpropertyout.com
Need clarity on your property situation? Book a clarity call with John Pidgeon: https://www.solverewealth.com.au
Need a mortgage broker? Check out https://www.spherehomeloans.com.au/
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