In this episode, Bryce Holdaway and Ben Kingsley shares the last part of the Four Pillars of Mastery : Defence. Previously, they have spoken about Cash Flow Management, Borrowing Power and Asset Selection. If Asset Selection is the favourite part of the Four Pillars of Mastery, Defence is definitely the least favorite part. Most investors are always on the lookout for new investments or new ventures to go into, but the most important asset is actually the investor themselves.
So, what kind of Defence do you need to put in place?
Firstly, you need to know where your money is going and how much you used? Through that, you would have a starting point on what you should be defending. Listen to this episode to find out what other questions to you need to ask and who you should ask these questions to. If you like this Insider’s Guide to Property Investing, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/
ps: Happy Easter everyone!