Scouting Australia Podcast

Why Buying Cheap Sh*t Units Will Never Retire You

02.26.2024 - By Australian Property ScoutPlay

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Sammy is joined in the studio this week by his co-host Jimmy Ibrahim to unpack why buying cheap sh*t units will never retire you. Sam gets fired up talking about the property spruikers that are selling unsuspecting people into buying low priced units that provide no bang for your buck and will only hinder your future investment opportunities.  The boys break down the differences between the housing market vs unit market and their opinion on the levers that each product has to be able to maximise your investment. Tune in for expert advice on how to choose a sensible investment, no matter your budget and the main ways to spot a spruiker attempting to sell you a pipe dream. Join us on Saturday, April 13th in the Gold Coast for our inaugural LIVE Australian Property Scout End of Quarter Summit. Immerse yourself in a day full of current market updates, live Q&A sessions with the Australian Property Scout team, and the infamous End of Quarter roundtable session. There will be 5 exclusive Mentorship positions available with Sam Gordon up for grabs. Come along with friends, family, your partner or by yourself! Tickets are officially available now, click here to save your spot! Don’t forget there’s a special discount for Sammy Gordon’s School of Property for our Scouting Australia Podcast listeners, use the code SAP for the 10% discount. Learn from the best in the business and make 2024 your best year in property investing yet! To find out more and make the most of our special foundational discount, head to www.schoolofproperty.com.au. If you loved this episode please send it on to someone who would take some value, and please give us a 5 star review if you haven't yet and are loving the poddy! If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at [email protected] Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369 Chapters: (00:00) Welcome (01:12) Be aware of spruikers (03:13) $100k-$200k units  (05:53) Sold down the garden path (10:30) What if it’s all you can afford? (12:45) Houses v units (16:11) Units are in abundant supply (21:50) What is the endgame? (24:00) Crystal clear awareness (28:15) Flip the script

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