When To Buy Commercial Property Investments In You Property Portfolio [The Pros & Cons]

20/12/2023 46 min Episodio 30
When To Buy Commercial Property Investments In You Property Portfolio [The Pros & Cons]

Listen "When To Buy Commercial Property Investments In You Property Portfolio [The Pros & Cons]"

Episode Synopsis

The burning question: when's the right time to add commercial property to your portfolio? We're diving into the juicy details and helping you decide when to make that thrilling move. We're going deep into opportunity costs! What's it cost to stay in residential property investing, and what do you gain by dipping your toes into the commercial property pool? You won't want to miss this! Are you dreaming of the ultimate property endgame? We'll show you how to reach it with less stress, more enjoyment, and buckets of money.  Ever thought about staying in the residential game? We'll reveal when it's the right call, especially if you're head over heels for it or want to play it safe. Speaking of fun, how do you keep the property game exciting? We've got tips for both the thrill-seekers and those who prefer a more laid-back approach. And here's a curveball: Too many passive income streams might not always be the best route! We'll challenge the norm and show you why. Hit that play button and let’s get stuck in 🚀 Episode Highlights: When to start thinking about moving into buying commercial property within your property portfolio Opportunity costs of staying in residential property investing and or moving into commercial property investing? The importance of focusing on your end goal and how to get there with less stress, enjoy the journey and make great money at the same time. When and why you should stay in residential property based on your love for it and your risk tolerance. How to keep the game of property investing fun based on how much work you like to put into your property portfolio versus not. We challenge why too many passive income streams is not always the best route to follow and why. 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/➥ Property Pals Website - https://www.propertypals.au/coaching➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources Disclaimer: 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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