Are You Waiting for the Perfect Time to Buy Property? | FUNdamental Friday

In this Friday Fundamentals episode, Luke Oxenham and Polly Chu unpack a common property investing myth:Waiting for the perfect time before you start.From interest rates and market cycles to cost of living, family plans and global uncertainty, there always seems to be a reason to hold off.But as Luke and Polly explain, waiting for perfect certainty can sometimes leave people sitting on the sidelines for years.This episode explores how to plan for uncertainty before buying property, including stress testing your repayments, modelling higher interest rates, allowing for rental changes, planning for holding costs, and keeping cash buffers in place.They also discuss why trying to time the bottom of the market can be difficult, and how big life goals should be considered before building an investment strategy.Got a question or a “hill” you want us to unpack? Send it through here 👉 https://thepropertycouch.com.au/topics/Timestamps00:23 – Welcome back to Friday Fundamentals 00:41 – The myth: waiting for the perfect time 00:55 – Why people feel they need to wait 01:13 – There’s always another reason to hold off 01:43 – Why uncertainty feels uncomfortable 02:19 – How planning helps manage uncertainty 02:22 – Running the numbers before buying 02:36 – Modelling higher interest rates 03:21 – Planning for worst-case scenarios 03:31 – Rental income, holding costs and maintenance 04:07 – Stress testing your loan repayments 04:39 – Why cash buffers matter 05:06 – The danger of using every dollar to buy 06:20 – Should you wait for a particular time? 06:38 – Why waiting for the market to turn can take years 07:08 – The problem with timing the bottom 08:08 – Waiting for life to settle down 09:24 – Big life decisions vs borrowing capacity 10:04 – The big rocks in the jar analogy 10:26 – Final takeaway: there is no perfect timeLISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform:  https://www.moorr.com.au/      FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube