In this special mini episode of That Backyard Property Pod, we dive into our personal property investment journey. From our first purchase in Darwin in 2012, navigating the ups and downs of property values, to our eventual move to Perth and subsequent investments in growth markets like Melbourne. We discuss the importance of financial transparency, leveraging equity, and making informed decisions in a fluctuating market. Learn from our experiences and get insights into strategies like using a guarantor, understanding mortgage repayments, and the potential of commercial property investments.

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Website: https://tuskfinance.com.au

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LinkedIn: / michaelkilliner

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Chapters:

00:00 Introduction to the Episode

00:23 House and Land Packages for First Home Buyers

02:20 Understanding Land Loans and Construction Loans

03:40 Managing Construction Loan Payments

06:03 Renovations and Construction on Existing Properties

08:36 Valuation and Financing Options for Renovations

10:35 Choosing the Right Bank and Loan Type

11:44 Conclusion and Final Thoughts

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Produced by ⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠: https://www.podwavestudios.au

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