Jul 20, 2023
Episode 73: What Don’t You Know About Property? [Part 1]
Want to make the most of your money through property investment? Stay ahead of the game? Tune in to this week’s episode of A Wealthy Life!
We delve into the world of property investment and the importance of understanding one's team and systems. This is part one of “What Don’t You Know About Property?” where I share valuable insights that can help listeners make informed decisions when it comes to property.
We explore when cracks in a property are considered serious and how to differentiate between them. Additionally, we discover the challenges and expenses involved in purchasing properties using Bridging Finance, as well as the importance of estimating repair costs accurately.
Join in as we learn about what the professionals know, examine the risks of relying solely on builders' estimates, and discuss the nuances of property valuation. Don't miss this informative episode packed with practical tips for navigating the property market and maximizing your investments. Stay tuned for Part 2, where we further explore gaining knowledge and understanding the intricacies of property investments!
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Links & Resources:
Highlights from this episode:
[00:04:17] – How to Avoid Financial Problems During Refurbishment
[00:08:12] – Learn From Your Mentors
[00:11:00] – Damp Proof Course
[00:16:51] – Bridging Finance
[00:18:58] – Advice for the Road
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Connect with Vicki:
Visit my website to learn more
Booking calendar - https://calendly.com/vickiwusche
Browse Books by Vicki:
Using Other People’s Money: How to invest in property 4th edition
Make More Money from Property: From investor thinking to a business mindset 2nd Edition
Property for the Next Generation: Securing your future in uncertain times 2nd Edition
The New Estate: Insights from the 22nd century
The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them