If there’s a great time to talk about our property investing goals, that time is now.
There’s a lot of excitement about what lies ahead of us in our property investing journeys, regardless of the peaks and troughs we might encounter this year.
And so we’re kicking off our discussion on what our property investing goals are with Grant sharing what he plans to achieve this year.
Listen to the full episode today and share with us what your property goals are this 2023.
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.
00:00 Welcome to Property and Investing
02:16 Thinking about goals during the new year
04:36 How Grant came up with his property goals
05:44 How I came up with my property goals
09:24 Grant’s goal #1 – property accumulation
12:46 Things that Grant has factored in for his goals
13:43 Is it really a terrible time to accumulate property?
15:06 Having the goal validated by a wealth team
18:53 Why multiple properties instead of just one
21:00 Retain the emergency fund
22:03 20% deposits on every property purchase
30:30 Environment is a huge factor for strategies to work
30:38 What properties will Grant focus on buying
35:35 Grant’s goal #2 – refinancing for borrowing power
37:04 A bank’s lending policy changes every month
47:24 Rents are increasing
48:15 How Grant stays on top of rental reviews
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