63 | Q&A - What’s the next step to building a portfolio, size of the portfolio, IP or PPOR and diversifying wealth strategy
Episode description
It’s Q&A time again! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!
- Next step to building a portfolio question from Derrick:
- Size of portfolio question from Jason:
- Question on leverage from James:
- IP or PPOR question from Karla:
- Case study question from Deanna: I am 22 yrs old and am convinced of the benefits of property as a long-term wealth-building strategy, for now, I am trying to develop as much understanding as I can. My questions are as follows:
- Do you recommend that the first property that someone buys is for PPOR or can it sometimes be an IP?
- What is your opinion of young people utilising the first home buyers grant?
- What is your opinion on diversifying wealth-building strategies? For example, do you observe in your successful clients that they are involved in property investment only or do they often also include other investments such as a share portfolio in their strategy?
References:
- Money magazine – Special Real Estate Edition – Buy here
- ABC News article: Who uses negative gearing in Australia? – Read here
- RP Data: Weekly rents have continued to fall over the past year – Read here
- 2GB Ross Greenwood chat with Roger Montgomery – Listen here
- Qantas in-flight radio: Alan Kohler chat with Bryce Holdaway – Listen Here
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