I agree. Property is an exploitative strategy that USES (abuses) everyday mums and dads to perpetuate and proliferate profits of banks, real estate agents, insurance companies, government and other associated seagulls. DON'T GET SUCKED IN TO IT FOR FEAR OF MISSING OUT. Go for other investment strategies like index funds that you can set and forget - investment properties are a scam, even the loan manager at the bank told me she'd never do it. So there you are.
nice vid, good pace. Thanks for the upload.
What about if you’re property is positively geared theres no reason you can’t carry that into retirement
Accountant here. I don’t want to talk to anyone about negative gearing. Stay away from property please.
Really? Why stay away from property?
I’m currently considering buying my first investment property.
And miss out on all the $$$$ that investors have made over the past many years.Great advice mate
@@scottpetherick7650
💯 agreed. No one knew a year ago where Australia house prices would be today!
I agree. Property is an exploitative strategy that USES (abuses) everyday mums and dads to perpetuate and proliferate profits of banks, real estate agents, insurance companies, government and other associated seagulls. DON'T GET SUCKED IN TO IT FOR FEAR OF MISSING OUT. Go for other investment strategies like index funds that you can set and forget - investment properties are a scam, even the loan manager at the bank told me she'd never do it. So there you are.
do you ignore land tax ??? maintenance ??
How many propertys do u need to retire ???
Minium 4 outright. One will pay all outgoings & maintenace costs. That would yeild aprrox $78k p.a
Maybe invest in a suitable microphone ...