22 | Q&A - Building & Pest Inspection, Rentvesting and Next Wage Growth Hotspot
Episode description
It's Questions and Answers time! Thanks for all the suggestions on new topics to cover in this podcast. For today’s episode, Bryce Holdaway and Ben Kingsley will be addressing questions from:
- Building and Pest Inspection question from Mark: How do I find a good quality building and pest inspector with the property market being so hot with auctions at the moment, how do I ensure I don’t burn through my deposit money when constantly missing out on auctions? I could end up wasting thousands on inspections until I actually win at auction! Should I try doing it myself and find a friend or family member with some building knowledge or use one of the smartphone apps?
- Rentvesting question from Ryan: What are your thoughts on the property investor or herself buying and living in their own PPR or renting? Obviously, both have advantages, a place to call home or the ability to keep investing without losing potential borrowing capacity.
- Next Wage Growth Hotspot from David: As mentioned on previous podcasts, investors will want to avoid “glass ceilings” in terms of capped wage growth in certain areas. Given the changing Australian economy (more knowledge-based), are there particular areas of Australia in which you expect to see wage growth occurring?
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