Ep28: INVESTING vs PROFITING

This week in Australian Real Estate for Thursday the 18th of January 2024. INVESTING vs PROFITING: This week we discuss the mechanics between investing (passive) and profiting (active) wealth building. Q&A: 1. I was listening to another property podcast and they say “you should never buy a new property because they don’t grow very well”, whereas I’ve heard you talk about both new & established. I’m confused on what direction to go, can you please explain? 2. There’s a property company talking about ‘Hotspots’ – are they real or just a marketing ploy? 3. What’s the difference between ‘Appreciation’ & ‘Depreciation’ for property?