In this episode, we discuss the exact financial point where you should consider getting started in property investment. In our view, you should get started when you can, which is at a minimum with $100,000 to $120,000 worth of useable equity in your property.
This will allow you to purchase an investment property worth $500-$600k maximum, if purchasing a brand new property.
We also walk through some common fishhooks that property investors miss when calculating useable equity off their own existing property investment portfolio.
Don't forget to check out the equity calculator that we mentioned in the show to see how much useable equity you have in your own home.
And if you have a topic you'd like us to talk about, send us a text. Our number is 5522.
The Property Academy Podcast