Getting your foundations right, from the start, is critical if you intend on building something good. This episode is essential listening for the newbie property investor but also for those keen to continue building with a bit more purpose.
In this episode, we explore the foundations for property investment - the goal here is to get a good solid base down before building anything on top of it.
This episode ties in with a free e-book, that we're happy to provide upon request.
Foundations go deep, they’re often unseen, but they do need to be strong, whatever material you use. What this episode does not cover, are specifics around strategies: Things like tax structures and ownership vehicles, identifying the right investment property for your goals, interest only vs principal and interest loans, co-owning property or shared equity models etc. These are great things to explore in further episodes but they are not what I would consider foundations, they would instead form part of your strategy, and ideally would be specific to you.
We're covering this topic in the context of property, but in some part, these foundations could be applied across the other asset classes like cash, fixed interest, equities and alternatives - so you’re not wasting your time here if property isn’t your gig.
We’re going to cover 9 topics in this episode and they are:
1 - Property investment - Is it a good idea?
2 - Good debt - bad debt - or no debt?
3 - Capital gains vs cashflow?
4 - Identifying your objectives
5 - What can go wrong?
6 - Assumptions
7 - The other options
8 - The reason why
9 - What’s holding you back? Real or mental restrictions.
To either request a copy of the free e-book on this topic or to have a conversation around how I can assist you with developing your own property investment strategy, click on the following link: https://ungaro.co.nz/
NZ Everyday Investor Podcast:
We’re keeping it real on NZ Everyday investor – we’re not journalists and this isn’t an interview – it’s a discussion, hosted by someone who’s genuinely into this sort of thing. If you like what we do, remember to subscribe to our show and share it with others – we’d really appreciate it! Do you know what else would make us rather pleased with ourselves? Write a review on facebook too!
Where to find Darcy Ungaro:
Ungaro &Co (registered) financial advisers https://www.ungaro.co.nz
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