podcast

How to handle a cash flow crisis

By Staff Reporter
0

Jason Paetow, Director, Alliance Corp

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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 73: Bad builders: how this investor bounced back
Episode 72: Policy changes to interest-only loans: what buyers need to know
Episode 71: How this 'stubborn' investor recognised a property lemon
Episode 70: How this investor complements each property and balances his portfolio
Episode 69: Are you a ‘lazy’ investor? Consider the benefits to working with a financial team
Episode 68: Special episode: audience discussion live from the Property Buyer Expo
Episode 67: Don’t get ‘caught up in the now’: an expert reveals his tips for success
Episode 66: Wealth distribution: how should you manage your money?
Episode 65: Real estate agents: what separates the good from the bad?
Episode 64: How this investor learned from a property blunder
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