Sign up to save your podcasts
Or
Share Why I Buy Property
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Why I Buy Property
In this episode, Michael shares his reasons why he has been buying rental properties. He explains that while landlords are currently leaving the property market, he is buying and his reasons for doing so.
Quotes from the episode:
"I think landlords are forgetting that a tenant is paying down a mortgage. Landlords fail to release the difference between cashflow and profit."
"I remember looking at property back in 2013 when property prices were half of what they were today... there were still good deals, there were still bad deals"
"As I see it, I'm not worried about what the property market is doing... what I care about, is can I find a deal I like."
"No one will ever feel rich having a million euro broker account, but buy a few properties and you will feel rich in far more ways than just financially."
Show Notes
https://www.irishtimes.com/property/2023/01/21/landlords-have-their-say-investors-are-not-in-the-game-at-the-moment/
https://www.firepodcast.ie/buying-an-investment-property-with-no-deposit
https://www.firepodcast.ie/my-property-strategy
Subscribe to the monthly newsletter:
https://www.firepodcast.ie/newsletter
View all episodes
By Michael Houghton
5
44 ratings
In this episode, Michael shares his reasons why he has been buying rental properties. He explains that while landlords are currently leaving the property market, he is buying and his reasons for doing so.
Quotes from the episode:
"I think landlords are forgetting that a tenant is paying down a mortgage. Landlords fail to release the difference between cashflow and profit."
"I remember looking at property back in 2013 when property prices were half of what they were today... there were still good deals, there were still bad deals"
"As I see it, I'm not worried about what the property market is doing... what I care about, is can I find a deal I like."
"No one will ever feel rich having a million euro broker account, but buy a few properties and you will feel rich in far more ways than just financially."
Show Notes
https://www.irishtimes.com/property/2023/01/21/landlords-have-their-say-investors-are-not-in-the-game-at-the-moment/
https://www.firepodcast.ie/buying-an-investment-property-with-no-deposit
https://www.firepodcast.ie/my-property-strategy
Subscribe to the monthly newsletter:
https://www.firepodcast.ie/newsletter
More shows like The Irish FIRE Podcast
View all
The Last Word with Matt Cooper
65 Listeners
The Pat Kenny Show
52 Listeners
Irish Times Inside Business
16 Listeners
Informed Decisions Independent Financial Planning & Money Podcast
3 Listeners
Real Health with Karl Henry
43 Listeners
The Entrepreneur Experiment
12 Listeners
The David McWilliams Podcast
368 Listeners
Brendan O'Connor
75 Listeners
Today with Claire Byrne
40 Listeners
The Other Hand
42 Listeners
In The News
59 Listeners
The Indo Daily
119 Listeners
Path to Power
31 Listeners
Ask About Wealth
0 Listeners
Better With Money
0 Listeners