S3 E7 Fears, Avoiding Mistakes & Lessons Learnt

Cam McLellan joins OpenCorp CEO, Matt Lewison to run through the most common questions people ask them around Fears, Avoiding Mistakes & Lessons Learnt.

 In this discussion, Cam and Matt touch on:

•  Buying close to home
• Self-managing tenants
• Buying at auction - competing to pay more than everybody else
• Asking a real estate agent or a buyers advocate for investment advice
• Over-capitalising - and how to avoid it
• Selling to realise profit, or to avoid a 'softer market'
• Failing to have a 'subject to finance clause’

Matt points out, that out of 10.5 million properties - what is the chance that the perfect one is just around the corner from you?

The guys agree that building too big or too expensive for the local market and designing the property as if they are going to move in themselves, is a common mistake, and one to avoid. Smart tip: stick to neutral or white colours.

This episode is perfect for anyone looking at a new investment property - either their first, or to ensure they get their next optimised for performance!