I love your podcast – I’ve listened to all of the episodes – some of them twice – and I’ve read your book. I’m always hanging out for the next episode’s release.
You mentioned on your latest episode about being interested in hearing stories about how your advice has changed people’s previous bad investment decisions.
For me the message that really hit home and altered my personal property investing strategy was to focus more on capital growth properties. I’m relatively young (early 30’s) and have surplus cash. Whenever I met with real estate agents and told them I was looking to buy investment properties, they would generally ask “what yield I was after?” – as if this was the main focus. I’ve since learnt, from listening to your podcast, that while cash flow is important – the capital growth is king! Especially for me in this accumulation stage of life. I’ve often heard Bryce say – “rent/income is what keeps you in the market – and capital growth is what you get out of the market”. I love that little nugget and it has shaped/directed my recent third investment property purchase for a house in a great location in Brunswick, Melbourne.
I’ve been passionate about investing since I was 17 years old and have read lots of books, listened to podcasts, attended numerous courses/seminars etc and I love the information you provide. It provides a great foundation for every-day folks to confidently and more intelligently to get started with their property investing journey. Thank you so much and keep up the great work!! xo – Laura, November 2016
November 29, 2016
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