Finding Your Next Property Deposit
Episode description
Once you start investing in property, it only makes sense to keep going, right? But how do you find the money for your next deposit?
Accumulating wealth and building a solid property portfolio starts with the right money management and investment techniques. In today’s episode, I’ll delve into how you can start building the deposit you need for your next purchase.
All of these tips are doable and don’t require special skills to implement into your own financial situation. Find out how you can spot a good purchase that will recycle your deposit, tips for supporting a high lending valuation, how to build your savings account like a master money manager, and what differentiates the rich from the rest.
Episode Highlights:
- What it really means to ‘buy well’ [1:41]
- The value of adding value [3:43]
- Don’t forget to check in on your property’s valuation [5:17]
- Good money habits come a long way [7:28]
- Why you should separate accounts for each purpose [11:27]
- Ways to increase your income [15:28]
- Avoid buying depreciating assets [17:30]
Resource Links:
- Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
- For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
- For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
- Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)
About Our Host:
Jarrad Mahon is the go-to guy in property management and investment in Perth, giving you his insider view on the Perth market and the strategies needed for you to grow your wealth and improve your life. All you need to do is to stay tuned!
Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
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