In Episode 32 (Investing in a Changing Market), Bryce and Ben talks about the changes in the property market, recent lending regulations and how investors can react to the changing environment. In this video, Bryce explains some of the investing mistakes that he’s seen investors make.
The first mistake is this unwavering belief that all property doubles in value. We’ve mentioned it over and over again, not all properties are the same. Even if you are buying two identical property in the same suburb, their growth performance might differ because of their location; what’s next to them and are they on the main road? So it’s not as if you can put your name on a title and sit back and enjoy the equity and rental yield. It’s not that easy.
Watch this video to find out the other six mistakes property investor make.
As co-host of The Property Couch, Bryce Holdaway is also a partner at Empower Wealth and Co-Host of Relocation Relocation Australia and Location Location Location Australia on Foxtel’s Lifestyle Channel. A qualified Buyers Agent and Financial Planner, Bryce holds a Bachelor of Commerce (Accounting), Real Estate Agent License and Diploma in Financial Services (Financial Planning).