In Episode #16, we discuss whether it is the right financial decision to purchase the street that is just down the road from you. We touch on why it may be better to diversify your risk across multiple areas of a city – or across several cities.
This means that all your eggs aren't in one basket. We also touch on the fact that it is often better for your investment to be out of sight and out of mind so that it doesn't stress you out. This means that you're less likely to sell early.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
The Property Academy Podcast