Property Now
If You Answer Yes to These 6 Questions, Don't Invest in Property
If you answer "yes" to any of these 6 questions, don't invest in property.
And Ed knows that sounds strange since his company helps Kiwis invest in property — but if you get this decision wrong, you could lose hundreds of thousands of dollars.
Like the investor who lost $770,000 in just 18 months.
In this video, Ed breaks down the 6 questions you need to answer honestly:
00:00 If You Answer Yes to These 6 Questions, Don't Invest in Property
00:41 Are you planning to hold for less than 7 years?
01:49 Are you already sorted for retirement?
03:14 Are you expecting the rent to cover all your costs from day one?
06:46 Would you sell if your property dropped $100,000 in value?
08:37 Are you buying just because it feels right?
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
Related videos in this series
How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013