Buying a home is usually the biggest purchase the average person will make in their lifetime, and often the biggest commitment. There are so many expenses you need to take into consideration when you’re deciding when to buy – you need to consider whether you can afford to pay a 20% deposit to avoid paying the lender’s mortgage insurance and how much you can afford to pay on the weekly mortgage. You also have to factor in expenses you may not have needed to consider before – like home insurance (click here to get a quote). It’s important to make sure you’re as informed as possible before you take the plunge, so it’s a good thing there are so many useful resources available online to keep you in the know. These are the four best free resources you should follow before committing to buying your first home.
The Property Couch Podcast
If you’ve never really learned much about investment, finances or property, a podcast is a great place to start. You can listen to it on your daily commute, while doing household chores or while having lunch at work. Even if you’re not paying full attention to it, you might be surprised by how much you absorb.
This particular podcast covers topics ranging from the latest news about the Australian property market to deciphering your individual money personality. Like any good podcast, they often have guest speakers who can provide unique perspectives, but the hosts themselves are well equipped to build your knowledge. Bryce Holdaway and Ben Kingsley also have a book called Make Money Simple Again, and are experts in money management.
Regularly listening to this podcast will undoubtedly provide you with priceless insights about the property market that will help you with your investment.
Smart Investment Property Blog
If podcasts aren’t really your thing and you prefer reading shorter, more succinct articles then a blog might be the best choice. It’s difficult to know which articles are worth the time if you just do a quick google search, but by following one or two specific blogs you’re likely to cover all the information you need without having to sift through.
Smart Investment Property is a great choice if you’re looking for articles that get straight to the point. This blog is updated with new articles at least once or twice a day, and discusses money matters including tips for investing, maximising your money and increasing your property value.
This resource does also have a podcast series, as well as suggestions and links to other property investment podcasts. So, you’ll have a variety of material to choose from.
Pumped on Property Blog
This is a blog that actually delivers the information in multimedia formats. For every post, you have the option of either watching the video or listening to the audio. So, if you want to be fully engaged the videos might be a great offering.
The posts on this blog are incredibly detailed and quite specific, so you will undoubtedly walk away with some practical knowledge. It is not updated as frequently as some of the other blogs but the length of time between posts generally results in higher quality and greater depth.
If you are the sort of person who learns best when given both audio and visual stimuli, the videos on this blog will be perfect for you; and will likely be a better alternative to doing a general search on youtube without really knowing what you’re looking for.
Positive Real Estate Blog
The focus of this particular organisation is to help people build a stronger investment property portfolio. Their blog posts are quite detailed ‘how to’ style posts and provide a lot of insider knowledge. This organisation also runs an Education Program across Australia and New Zealand to assist their clients in navigating the property market, so they have access to a number of high quality resources. Some of their recent blog posts include: How NOT To Be One of the 99% of Investors Who Fail in Property and 4 Crucial Property Questions To Avoid Investor Overwhelm.
The articles on this blog are very useful to people interested in investing in property. They answer some of the most common questions about investment, as well as some of the questions you wouldn’t even have thought to ask.
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