EPISODE · Jul 12, 2023 · 11 MIN
EP15 | Finding The Perfect Property Before Seeing It In Person
from Aus Property Millionaire Coach · host Australian Property with Adam Pennisi
In this episode, I'll be discussing my approach to buying properties remotely. I begin by reviewing available online images and historical data of the property. I quickly put in an offer to gauge the seller's interest. Negotiation is key, so I start with a written offer and seek counter offers. Due diligence is absolutely essential, which includes researching the property and, if possible, visiting it in person. I strongly advise against buying properties sight unseen and emphasize the importance of understanding the local market, values, and demographics. I recommend spending time in the area before making a purchase, as it significantly impacts long-term investment success. It's important to note that interstate buyers often overpay, while locals have better market knowledge. Being an area expert helps me identify good buying opportunities Watch our Develop IT Free Intro Training on our website! https://www.libertyblue.com.au/training/ Watch our Real Estate Accumulator Free Intro Training on our website! https://www.libertyblue.com.au/real-estate-accumulator/ SUBSCRIBE TO THE CHANNEL HERE: https://www.youtube.com/@libertyblue-wealththroughe3874 🎯 Socials www.instagram.com/adam_pennisi/ https://www.facebook.com/LibertyBlueEducation https://www.facebook.com/adpenproperty https://www.tiktok.com/@adampennisi #LibertyBlue ##PropertyDevelopment #PropertyInvestment #PropertyAustralia #RealEstate 🔎 Disclaimer No Legal, Financial & Taxation Advice The Listener acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only. We have not taken the Listeners’ personal and financial circumstances into account when providing information. We must not and have not provided legal, financial or taxation advice to the Listener. The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant. The information may not be suitable or applicable to the Listener’s individual circumstances. We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.
What this episode covers
In this episode, I'll be discussing my approach to buying properties remotely. I begin by reviewing available online images and historical data of the property. I quickly put in an offer to gauge the seller's interest. Negotiation is key, so I start with a written offer and seek counter offers. Due diligence is absolutely essential, which includes researching the property and, if possible, visiting it in person. I strongly advise against buying properties sight unseen and emphasize the importance of understanding the local market, values, and demographics. I recommend spending time in the area before making a purchase, as it significantly impacts long-term investment success. It's important to note that interstate buyers often overpay, while locals have better market knowledge. Being an area expert helps me identify good buying opportunities Watch our Develop IT Free Intro Training on our website! https://www.libertyblue.com.au/training/ Watch our Real Estate Accumulator Free Intro Training on our website! https://www.libertyblue.com.au/real-estate-accumulator/ SUBSCRIBE TO THE CHANNEL HERE: https://www.youtube.com/@libertyblue-wealththroughe3874 🎯 Socials www.instagram.com/adam_pennisi/ https://www.facebook.com/LibertyBlueEducation https://www.facebook.com/adpenproperty https://www.tiktok.com/@adampennisi #LibertyBlue ##PropertyDevelopment #PropertyInvestment #PropertyAustralia #RealEstate 🔎 Disclaimer No Legal, Financial & Taxation Advice The Listener acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only. We have not taken the Listeners’ personal and financial circumstances into account when providing information. We must not and have not provided legal, financial or taxation advice to the Listener. The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant. The information may not be suitable or applicable to the Listener’s individual circumstances. We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.
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EP15 | Finding The Perfect Property Before Seeing It In Person
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