Q&A: Where Should I Buy With $500k to Spend? Plus Lots More

Today I'm answering some of the interesting questions getting asked on our Perth Property Investment Facebook Group including:

• “Where should I buy with $500k to spend?” 
• “What are some of the books I recommend for Australian Property Investors?” 
• “What would be considered good metrics when you're looking for an investment property?” 
• “Which of these suburbs would I buy into and why?”
• And finally, a lot of people have been asking, “Do you know a good property manager?”

Maybe I haven't been clear enough on us being one of the most highly rated and award winning property management specialists in Australia, servicing the whole of Perth.

So I'm gonna go into some of the reasons why it's so hard to find a good property manager and why we've got that solved. 

If you're not already a member, make sure you head over and join in the conversations, it would be good to get your input and you can get help from other investors too. So check it out on Facebook: Perth Property Investment Group. 

So let's go inside.

 

Resources Links:

Books Mentioned: 

• How To Grow A Multi-Million Dollar Property Portfolio - in your spare time: 14th Anniversary Edition by Michael Yardney (http://bitly.ws/x6ee)
• Rich Habits Poor Habits: Discover why the rich keep getting richer and how you can join their ranks by Thomas C. Corley & Michael Yardney (http://bitly.ws/x6dY)
• Investopoly: The 8 golden rules for mastering the game of building wealth by Stuart Wemyss (http://bitly.ws/x6ei)
• The Armchair Guide to Property Investing: How to retire on $2000 a week by Ben Kingsley and Bryce Holdaway (http://bitly.ws/x6ek)

Audio Book Mentioned:

• The Wealthy Gardener: Lessons on Prosperity Between Father and Son by John Soforic (http://bitly.ws/x6ed)
  
  
• Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
• Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
• For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
• For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)

Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)

 

Episode Highlights:

1. Intro [00:00]
2. Jarrad's Book Recommendations for New Property Investors [02:15]
3. Property Recommendation With a 500k Budget [05:45]
4. Determining Your Strategy (Either Growth or Cash Flow) Can Direct Good Metrics for a Rental Investment Property in Perth [09:14]
5. Local Growth-type Property is an Economical Way to Grow Your Asset Base [10:58]
6. Why Do You Need to Increase the Capital Base First? [12:49]
7. Harrisdale, Cannington, Maddington, or Gosnells? Which Has a Higher Growth Rate? [14:31]
8. Does Anyone Know an Excellent Property Manager? [19:29]
9. Raising Your Standards in Picking Your Next Property Manager [20:51]
10. Outro [27:36]

Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

 

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