House & Land Packages And Off The Plan Purchases: Caution Required!

26/09/2023 42 min Episodio 18
House & Land Packages And Off The Plan Purchases: Caution Required!

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Episode Synopsis

in this enlightening podcast episode as we delve deep into the world of house and land packages – a compelling avenue within the realm of property investment. We start by defining what exactly a house and land package entails and then break down the pros and cons, offering you a comprehensive understanding to guide your investment decisions. Discover the enticing advantages that come with house and land packages, from the advantage of low stamp duty to the ease of deal access and the potential for substantial depreciation benefits. We also explore the practical perks of low maintenance that can make these packages stand out. But that's not all – we address the cons too, including the potential for limited capital growth due to high supply, the challenges of distant key amenities, and the patience required during extended build times. Uncertainties around build quality, completion, and the impact of surrounding construction on renters are also discussed, as well as the potential implications of a high rental supply on rent amounts. A word of caution is shared about developer incentives, particularly the allure and potential pitfalls of rent guarantees. We wrap up the episode by providing you with a concrete example of what constitutes a strong house and land package. This practical illustration empowers you with the knowledge to identify a package that aligns with your investment aspirations. Whether you're a seasoned investor or new to the world of property, this episode equips you with essential insights to navigate the dynamic landscape of house and land packages with confidence. Subscribe to our podcast to gain a deeper understanding of how to strategically invest in the real estate market. Episode Highlights: Avoiding Common Pitfalls: Exploring the Potential Downsides of House and Land Packages. Informed Decision-Making: Why House and Land Packages Might Not Align with Your Investment Goals. Smart Considerations: What to Keep in Mind When Contemplating Land Purchase and Home Construction. Bright Sides Unveiled: The Advantages of House and Land Packages for Both Homeowners and Investors. Prioritising Due Diligence: The Crucial Role of Thorough Research Before Committing to a House and Land Package. A Case Study To Consider: A Compelling Instance of a House and Land Package that Deserves Your Attention. About The Hosts:Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing. Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey. The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios. Resource Links: ➥ Property Pals Website - https://www.propertypals.au/➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resourcesDisclaimer: Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.See omnystudio.com/listener for privacy information.

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