Property Now
What No One Tells You About Being a Landlord
A lot of people like the idea of becoming a property investor.
Owning multiple houses. Waiting for the rent to roll in.
So they buy their first property — only to discover a laundry list of gotchas that no one ever told them.
In this video, Ed counts down the top 7 things he wishes someone told him BEFORE he started investing in property:
● How leverage can work both ways (and wipe out your deposit)
● When property managers actually pay you (spoiler: it's not every fortnight)
● Why you can't always use the bond to fix damage
● How tax rules can change and completely dilute your returns
● Why you don't actually have to see the property you're buying
● The emotional slog of property investing
● And why, despite all of this, it's still worth it
If you want to start investing with your eyes wide open — or decide if property investing is even right for you — this video will help.
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.
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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