Is Right Now A Great Opportunity To Invest In The Property?

https://www.youtube.com/watch?v=gbAWx9dJ_QI

Transcription:

Ryan 0:00the market is developing really quickly right now at the moment with obviously a lot of hysteria happening in the media and a lot of negativity out there and we kind of want to provide you with what kind of opportunities to this present in the market and why this could actually be one of the best times for you to buy hi i'm ryan from onproperty helping you achieve financial freedom and today i'm joined by ben everingham buyer's agent from pumped on property we just released a video or talking commentary about what is happening globally what's happening locally in the economy and how that may affect property prices so if you haven't checked that out we'll link it down below but ben is on the road looking at different properties for clients as is the people that work over pumped on property and they've been seeing a big kind of shift in the market being able to close on better properties and more properties and so we wanted to bring that information to you today because that's something that 60 minutes isn't going to cover current affairs not going to talk about this so if you got your head screwed on right if you're an investor who actually has a long term vision and a long term plan this can actually be a good opportunity so off camera ben you're talking about you know what's happening right now

Ben 1:18yeah so if we look at the last 12 months right because like i'm right on the pointy end of the needle in terms of feeling the economic impacts directly in our business because you know leads ebb and flow and the number of people reaching out to us and you know you can even see it in our comments the amount of love if it's a good economy or the amount of hate if it's a bad one it's like a good gauge of what's going on so at the start of last year the first half of the year people were freaking out then the election happened then interest rates dropped and then paper went absolutely feral and then we got into the new year people have been going absolutely feral for the first two months of the year and then all of a sudden we get news that there's a deadly virus you know killing one out of every two people if you listen to some of the news channels and you know all of a sudden the stock market which should have starts getting bumpy and people go back into their shells so what that means is that eight out of the 10 people that you would have seen in your open home at sydney melbourne or brisbane right now aren't showing up because they don't want to get coughed on or because they're too fearful which creates an insane opportunity for the two people out of every 10 that still want to continue to move forward with their dream

Ryan 2:41yeah and we're saying off camera that when you're investing in property it's really important to have that long term plan in mind and to understand how this current property purchase actually fits into that long term plan how short term it can work for you with growth and cash flow but how you can hold that for long term i can help you achieve your goals because that's eventually what we're aiming for it's not just the next 12 months but it's the next 12 years 24 years etc and one of the things that can happen in a really hot and really frantic market is that if you're going to an open home and there's 70 other people there and they're doing a silent auction secretly in the backyard between four different couples then that can be really overwhelming it can lead you to actually compromise on the type of property you want compromise on the price of the property compromise on your cash flow and compromise on all of your long term goals because the pressures there that i've just got to buy something quickly and when the market changes like it may be doing at the moment we're not sure we don't have...