1. EachPod

3 Things That Stop Investors From Increasing the Size of their Property Portfolio | Ep. 89

Author
Opes Partners
Published
Tue 10 Dec 2019
Episode Link
https://podcasters.spotify.com/pod/show/propertyacademy/episodes/3-Things-That-Stop-Investors-From-Increasing-the-Size-of-their-Property-Portfolio--Ep--89-e9eda8

In this episode, we discuss three things that stop people from investing in property


Personal reasons



  • Fear and worry. For example, the worry that as the size of your portfolio increases, there is a greater risk of vacancy.

  • Lack of Time. If you're not out there looking for new properties then you are less likely to take action on one. 

  • Lack of Ambition. If you don't have a property coach working with you to achieve your goals then you might not hit them.


Lending Restrictions



  • Banks treat you more stringently when you have a large level of debt with them.

  • LVR Restrictions, i.e. you don't have enough useable equity to buy the next investment property.


Property Choice



  • Investing in existing properties will use up more useable equity than if you were to invest in brand new properties. Because new properties are exempt from the LVR Restrictions you can buy around 50% more property using the same level of deposit when you invest in new, rather than existing properties

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