This conversation revolves around the topic of investing in Bali. The hosts discuss the marketing strategies used by investment businesses to attract investors to Bali, promising high returns on investment.

We also explore the risks and challenges associated with investing in Bali, such as the need for a PMA (company) and a lease, the lack of regulations and quality control in construction, the complexities of managing a property overseas, and the uncertainty of rental demand.

We highlight the importance of strategy and research when considering investing in Bali. Investing in Bali can be risky, especially for cash flow purposes. Developers are the ones making the most money, not the investors.

Construction quality is not as good, and maintenance costs can be high. The tourism-based economy of Bali is vulnerable to international events like the pandemic. It's important to consider the time, stress, and effort involved in investing in Bali.

An alternative strategy is to invest in Australian assets and use the equity to lease and renovate a property in Bali. It's crucial to be educated on the risks and returns before investing.

Episode Highlights:

• Investment businesses in Bali market to Australian investors, promising high returns on investment.
• Investing in Bali requires a PMA (company) and a lease, which can be costly and complex.
• There is a lack of regulations and quality control in construction in Bali.
• Managing a property overseas can be challenging, especially in terms of rental demand.
• Strategy and research are crucial when considering investing in Bali. Investing in Bali for cash flow purposes is risky, and developers are the ones making the most money.
• Construction quality in Bali may not be as good, and maintenance costs can be high.
• The tourism-based economy of Bali is vulnerable to international events like the COVID-19 pandemic.
• Consider the time, stress, and effort involved in investing in Bali.
• An alternative strategy is to invest in Australian assets and use the equity to lease and renovate a property in Bali.
• It's important to be educated on the risks and returns before investing in Bali

 

About The Hosts:

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.


Resource Links:
➥ Property Pals Website - https://www.propertypals.au/
➥ Property Pals Website - https://www.propertypals.au/coaching
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources 


Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

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