Property Investment 101: Key Terms You Should Know
Continuing from last week\u2019s episode on Property 101, we dive deeper with Property Investment 101. In this episode, we break down the essential terms and concepts that often get overlooked, words you\u2019ve probably heard thrown around but maybe aren\u2019t quite sure what they really mean.
If you\u2019ve ever found yourself confused by property jargon, this is the perfect guide to clear things up.
We talk about everything from yields to equity\u2014stuff that might seem a bit dry but can make a massive difference when you\u2019re making those big decisions.
Hang around 'cause we're keeping it simple and straightforward, just the way you need it. No fluff, just the essentials that\u2019ll help you get your head around the property market.\xa0
Cut through the jargon and feel confident and in control of your property journey! Let's dive in!
Episode Highlights:
00:00 - Introduction
02:12 - Meighan\u2019s special house of the week
04:35 - Property is long-term
05:01 - Property investment involves buying real property
05:23 - What is rental income?
05:35 - What is rental yield?
06:07 - What is current market value?
07:39 - Definition of tenancy
07:48 - Who is the property owner?
08:05 - What are tenants?
08:18 - The property manager
08:32 - Bonds
08:59 - Minimum housing standards
10:09 - Purchasing costs
11:06 - Ongoing expenses
11:51 - Deductible expenses
12:22 - Non-deductible expenses
13:46 - Depreciation
15:27 - Capital gains
16:19 - Capital gains tax
18:48 - Negative gearing
19:19 - Positive gearing
20:17 - Return on investment
22:02 - Vacancy
22:36 - Vacancy rates
24:09 - Landlord insurance
25:47 - Negative growth
27:27 - Interest rate changes
Resources mentioned in this episode:
- Property 101: Your Guide to Mastering Property Basics https://homebuyeracademy.com.au/podcasts/188
- Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
Resources:
- FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
- Visit our website https://www.homebuyeracademy.com.au/
- Join our Facebook Group to get access to free monthly live Q&A sessions
- https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia
- Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
- If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au
- Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
- Work with Veronica: https://www.veronicamorgan.com.au
- Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
- Work with Meighan: https://www.linkedin.com/in/meighanwells/
If you enjoyed today\u2019s podcast, don\u2019t forget to subscribe, rate, and share the show! There\u2019s more to come, so we hope to have you along with us on this journey!
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