In this episode, we discuss the pros and cons of the Buy and Hold strategy.
While the idea of purchasing a property and waiting for its value to rise may sound appealing, it's still got its challenges.
You'll learn the limitations of the strategy and the potential pitfalls.
Main points discussed:
- Overview of the Buy and Hold strategy.
- Problem #1: Reliance on the market.
- Problem #2: Property values can stagnate or even decrease.
- Problem #3: Equity remains locked until property sale.
- Problem #4: Potential for continuous top-ups due to negative gearing.
- Ideal candidates for the Buy and Hold strategy.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
The Property Academy Podcast