This episode is a replay of the October edition of OpenCorp's popular Facebook Live Q&A Show, which focused on all things property management.
The show features expert guest, Cassie Austin, OpenCorp’s Property Management Operations Manager, who unpacks the many and various aspects involved in being a landlord today.
Plus we hear from our panel of property investing experts – Al Lewison, Matthew Lewison and Cam McLellan – who addressed heaps of questions from viewers during the live stream, including:
- If your borrowing capacity was around $700k – would you opt to buy a house on a bigger block in an outer suburb like Cranbourne/Greenvale OR would you buy a semi-detached (newer) townhouse with a courtyard in an inner suburb like Reservoir or Springvale?
- Which activity centre (Footscray, Sunshine, Broadmeadows, Ringwood, Box Hill, Dandenong, Narre Warren, Frankston) do you believe represents the best value for money and future capital growth, in Melbourne, presently?
- Are high vacancy rates currently in Melbourne (20% according to news reports) currently impacting OpenCorp’s view on investing in Melbourne?
- How would you explain purchasing a property for investment first and rentvesting, rather than buying your “dream home”, to the generation that was brought up to buy their home and work for 30 years to pay it off (but) who shrug when mentioning investing.
- Do you think property management should be in the state of your investment properties or portfolio ?
It was, as always, an awesome show, with heaps of questions, insights, ideas and laughs!
The OpenCorp Facebook Live Q&A Shows stream live on the second Thursday of the month, from 7:30 pm. Follow our Facebook Page for updates.
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