BROADCASTS.com

b"https://www.youtube.com/watch?v=6_c7AHMr16U\\n\\n\\n\\n\\n\\n\\n\\n\\nSuburb hot spotting is a really popular and trending topic. People want to know where are the best suburbs to invest. However, without a clear vision and strategy suburb hotspotting can actually be useless to most people and potentially even detrimental.\\n\\n\\n\\nBook a Free Property Investment Strategy\\n\\n\\n\\nHow To Research Suburbs\\n\\n\\n\\n0:00 - Introductions0:55 - What are the problems with suburb hot spotting1:55 - Do suburb hotspots carry extra risks?2:47 - You must place context around the hot spot4:28 - You don't need the hottest suburb to have success in property5:10 - Hot spot suburbs might not be the best long term investment6:38 - How to use suburb hot spots9:24 - Get your strategy first!\\n\\n\\n\\nTranscription:\\n\\n\\n\\nRyan 0:00australia's hottest 100 suburbs the 20 best suburbs to invest in this year the 10 hottest suburbs in sydney suburb hot spotting is a really popular and trending topic people love ring magazines with the suburbs in a blog post that highlight the top suburbs people want to see what the best servers are and they want to know what suburbs should i invest in however when you don't have a clear vision and you don't have a clear property investment strategy suburb hotspot is generally useless to most people and can even be beyond useless and actually detrimental to your long term property success if you're just focusing on this so in this episode i want to talk to you about southern hot spotting the pros and cons of it and how you can avoid the mistakes and also use it to your advantage so one of the problems with how the southern hotspotting really there's no like problems per se you got some issues with other hotspotting that that based on historical data in that these are the suburbs that have boomed the most in the last 12 months or three months or whatever term it is and so those servers have already gone through massive growth cycles by the time that you actually learn about it so while they may have been the hottest suburbs they may not be any more or suburb hotspotting is predictions on what is expected to happen in the future and those predictions sometimes come true and sometimes don't so you never know if it's actually going to be the hottest suburb or not until you actually wait 12 months or a few years and to see if it actually outperformed the other suburbs in australia so there's inherent problems and risks in that aspect but generally speaking i don't see major problems with sub hotspotting in that they add massive amounts of risk or anything you can find a server that is predicted by all the analysts to do really well over the next few years chances are that's not going to be one of the worst performing suburbs in australia unless you're looking at something like a mining town or some really small town that's getting a massive growth boom because of a mine that's opened up in the area yeah high level risks there just ignore those other hotspots for sure but if we're talking about metro markets here that have long term growth potential there generally speaking looking at sub hotspotting those suburbs may do well they may do average they may do below average but if they've made to the suburb hotspot the chances of them being absolute complete duds are a lot smaller than if you just pick a random suburb in australia so in some ways they can minimize your risk there but the problem that i see with a lot of people investing the problem that i guess i used to have in the past is that there's no context placed on the southern hotspotting it's looking just a capital growth and capital growth alone and generally it's covered growth within a short time period and so it doesn't necessarily think about you and doesn't think about hey what's your strategy why are you investing in property what is it that you're actually trying to achieve financially through your investment properties these are the best hot suburbs for you now it's not like that it's just it's just ..."