9 Reasons Why You Should NEVER BUY OFF THE PLAN! The $500,000 Mistakes you can avoid making

Send us Fan MailIn this week's episode of the First Brick Property Podcast we are joined by Power Loans' Director Fadi Fershi.We discussed 9 reasons why you should never buy off the plan! The $500,000 Mistakes you can avoid making too!This week's episode is our first Visually recorded Episode too!Let's dive straight in!4:00 - What is Off the plan property6:30 - Reasons people buy Off the plan8:00 - The Difference between House + Land Package and Off the Plan11:30 - Reason 1 Why not to buy off the plan - Overpaying13:00 - Reason 2 (THIS IS A HUGE ONE)21:00 - This STAT will BLOW YOUR MIND. If you listen to nothing else but this, you have done yourself a great service. 23:00 - Fadi asks for moral ground! 25:00 - Reason 3 - Scarcity!28:30 - Reason 4 - Land to Asset Ratio29:00 - Reason 5 (This reason is why the first 3 reasons exist)32:00 - Reason 6 - Owner occupier to Investor split 33:00 - Reason 7 - CONTRACTS! 34:00 - Sunset Clause?36:00 - Reason 8 38:00 - Reason 9 (This one scares us)Power loans contact informationFacebook: https://www.facebook.com/powerloans/ Phone: 0405 315 443Email: [email protected]: http://www.powerloans.com.au/?fbclid=IwAR29FJUrbfN3PoipWRln6DUwzaI_9ZW9AMhDeM9FgSKmUFG8n-RoI96FdLYProperty Calculator Australia APP Download linkAndroid - https://play.google.com/store/apps/details?id=com.propertycalculator&hl=enApple - https://itunes.apple.com/au/app/property-calculator-australia/id1048864391?mt=8 Buying property is our passion, helping you do it is our mission!Send us your questions, topic requests or guest speaker requests to our socials or our email [email protected]: linkedin.com/company/first-brick-property-buyers-agency Facebook: https://www.facebook.com/firstbrickproperty/ Instagram: https://www.instagram.com/firstbrickpropertybuyers/ Youtube: https://www.youtube.com/channel/UC1VA1YM1_BDZW7whNc4kFVg TikTok: https://lnkd.in/gsRBgXC Lets talk - Australia Facebook Page: www.facebook.com/groups/letstalkproperty/  *Note that all information in this episode is based on information that is constantly changing and these are unprecedented times*