How to successfully invest interstate
podcast

How to successfully invest interstate

Sam Saggers

Sam Saggers CEO Positive Real Estate


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Investors who are looking to decrease their risk and diversify their portfolio often have to look across state borders for their next property purchase.

We all face the opportunity of buying properties interstate and it's a actually a very good thing if we can diverse our portfolios, we can actually hedge our money far and wide and we usually can get reliable growth. In fact for the last 10 years of records, if you had a property in each of the major capital cities - one of those capital cities would always be going up in value. So we need to keep in mind we've got to spread our money everywhere. So what do we need to look for if we are buying interstate? Firstly; are we actually paying what a local would pay for or is our interstate money being used to actually actually create a benchmark in the market? So what do I mean by that? You'll look at a lot of off the plan properties sometimes as an interstate investor or what are the second hand properties trading for? They're a lot less than the off the plan - you need to be wary. Are you just being promoted the benefits of the property without necessarily the cons of he property? So you've got to do your research. And make sure that you understand what's happening in that marketplace and get yourself some great education about buying interstate.

Listen to other instalments of The Smart Property Investment Show:
Episode 104: New podcast: Q&A session with Paul Glossop – more questions answered!
Episode 103: Special Episode: Phil and Munzurul talk steering the growth and development of portfolios by managing cash flow
Episode 102: Investor reveals how to find the perfect property manager
Episode 101: From 12 to 100 properties – how this investor will achieve his goals
Episode 100: Property investor talks research, teamwork and balance in his portfolio
Episode 99: Portfolio update: SPI opens its books to reveal all the nitty-gritty details
Episode 98: Buyer's agent forecasts what’s to come for Aussie property market
Episode 97: ‘How we achieved financial security through property’ – the Property Twins reveal all
Episode 96: Tips for tackling pest and building inspections head-on
Episode 95: The top 10 things every investor should check before buying a property
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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BERKELEY VALE 46.03%
2.
EDGECLIFF 45.06%
3.
PAMBULA 43%
4.
EAST LISMORE 41.38%
5.
SOLDIERS POINT 37.89%
How to successfully invest interstate
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