This week we’re talking about 7 questions to ask yourself before buying your next property – whether that property is your first or your umpteenth.
The questions are:
Take a listen to the episode to hear why each question is so important – and how you can go about finding the answers!
Tracking your spending can be useful to see where all that money goes – and do some budgeting so you’ve got cash left over to put towards your next investment.
Toshl is a handy tool for doing exactly that – just enter your spending using the app or on the website, and it will show you reports with various categories. It also has nice touches like currency conversion and support for recurring monthly expenses like mortgage payments.
Increasing supply lowers prices, right? Well, not according to one academic – who claims that more new build homes increase house prices by encouraging lenders to relax their criteria.
We’ll be following up on this in a future episode – as well as taking a deeper look at what moves the market.
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