Using multiple pillars in your decision-making process When selecting an investment property
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About this listen
Tired of getting caught up in just one "amazing" aspect of a potential real estate investment? This episode dives into the crucial concept of decision pillars – the multiple factors that truly determine if a property is a smart buy. Whether you're a beginner or an experienced investor, we break down what you should really be looking for beyond just price or rent. Learn how to build a solid foundation for your investment decisions and avoid the pitfalls of focusing on a single, potentially misleading metric. We'll explore key pillars like location, condition, cash flow, appreciation potential, and more, helping you understand how they work together to create a resilient and profitable investment.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.