podcast

How to handle a cash flow crisis

By Staff Reporter
0

Jason Paetow, Director, Alliance Corp

{{youtube id="5KWFW7tGslA"}}

One of the biggest concerns we see when investors start to build their portfolios is that they don't create a buffer for themselves. It is so important that you understand how to deal with situations whether it's you losing your job, whether it's you not having tenants in the property, whether interest rates are increasing. How do you deal with these cash flows? Well he best way to do this is to always make sure that when you buy property you have a buffer in place. Now his buffer could be equity that you've released from another property, it could be some cash sitting there but you must always have a fall back position. So I'd urge everyone out there, if you are building a portfolio make sure that you have. Significant buffer in place.

Listen to other instalments of The Smart Property Investment Show:
Episode 61: The ins and outs of strata: what buyers should consider
Episode 60: The pros of using a buyer's agent: why this investor brought someone in
Episode 59: How to invest in property as a team: two investors share their secrets
Episode 58: When do you stop investing? The SPI Show answers more listener questions
Episode 57: Wealth creation through property: trends and themes to think about in 2017
Episode 56: The SPI Show accountant reveals all: How to pick your financial team
Episode 55: The reluctant property investor: How necessity drove an 18-property portfolio
Episode 54: The SPI Show Q&A: Listener questions answered honestly
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
Episode 52: Will property prices fall? When? And by how much? What investors need to know
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
FAIRLIGHT 46.02%
2.
CASUARINA 44.36%
3.
THE ENTRANCE NORTH 41.09%
4.
ULTIMO 40.67%
5.
LAVENDER BAY 40.2%