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Should You Buy A Display Home? ⚖️ Sounds tempting right?
They look so GOOOOD 😍
In this episode we discuss the PRO's & CON's:
Pros: inflated rent, better fixtures and fittings, restored property at handover
Cons: overcapitalisation, sell above market value (rent baked in), LVR is max 20%, market rent may be very poor, builder goes bust then no rent, poor land to asset ratio, higher insurance cost
AND MORE!
Discussion Points:
00:00: Introduction
01:48: What is a display home?
02:31: The positives
04:34: The negatives
04:48: Over-capitalisation
06:14: Selling above market-value
07:10: LVR
08:05: Poor market rent
09:11; Builder goes bust
10:05: Poor land:asset ratio
11:13: Higher insurance costs
13:07: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
By PK GuptaShould You Buy A Display Home? ⚖️ Sounds tempting right?
They look so GOOOOD 😍
In this episode we discuss the PRO's & CON's:
Pros: inflated rent, better fixtures and fittings, restored property at handover
Cons: overcapitalisation, sell above market value (rent baked in), LVR is max 20%, market rent may be very poor, builder goes bust then no rent, poor land to asset ratio, higher insurance cost
AND MORE!
Discussion Points:
00:00: Introduction
01:48: What is a display home?
02:31: The positives
04:34: The negatives
04:48: Over-capitalisation
06:14: Selling above market-value
07:10: LVR
08:05: Poor market rent
09:11; Builder goes bust
10:05: Poor land:asset ratio
11:13: Higher insurance costs
13:07: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.