Serviceability Trap: Every Property Investors Nightmare! What is It, and How to Avoid It?

If you're an experienced property investor, I'm sure you've fallen into this trap that leads to several loan rejections. Serviceability is essential, especially when you are in the real estate industry; screwing this ability can f*ck up your business and lifestyle.Serviceability is important in maintaining your business running and cash flowing. Still, only a few master how to use it, and most of the time, many people get stuck in this puddle and don't know how to recover from it. You need to find a solution right now before it's too late!For this episode, our host Moxin Reza aka “Moss” and our guest co-host Moby Kazmi will talk about every property investor's nightmare. What is Serviceability, and how can you avoid it? They will go through their own experiences on overcoming this trap and share some tips on unlocking your serviceability potential.It's about having an understanding of how to reach your business goals. It's about you being in control of your own outcome. It's you being in a position to make better decisions and strategize your future. Episode Highlights:00:00 Welcome to Helpmebuy Property Podcast02:58 What is the Serviceability Trap, and Why is Property Investing the Game of Cash Flows04:21 As an Investor, You Are Only Allowed Two Mistakes Before Screwing Your Serviceability06:22 Smart Professionals Can Still Fall Into This Serviceability Trap08:42 Why Do People Keep on Falling Into This Trap?10:49 How Can You Avoid the Trap? Ask the Right Questions, Than Seek for Right Answers11:53 Having an a-player Team Can Help You Achieve Business Success14:13 How Do Lenders and Borrowers Benefit From Each Other?15:37 The More Mistakes You Make, the More Successful You're Going to Be18:01 What is the Perfect Strategy for Breaking the Serviceability Trap?21:07 What Are the Tips on Unlocking Your Serviceability? Resources:Visit Moby Kazmi's LinkedIn Profile (https://www.linkedin.com/in/mubashar-kazmi-72babb6a/)Visit the Investor Partner Group website (https://helpmebuy.com.au/) Join us on our FREE Facebook Group (https://www.facebook.com/groups/helpmebuyau)  About our Co-Host:Mubashar Kazmi, or Moby, is a high-energy sales and management professional with 16 years of experience in the Telecommunications industry. He has a passion for developing strong relationships while delivering on sales targets, and he is passionate about making the complex easy.His key responsibilities are maintaining an excellent relationship with T 1 and T 2 clients. Implement strategic account management plans to retain and grow the client base, identifying opportunities to cross and upsell within existing clients. Keep a close eye on all ongoing issues and monitor the support activities. Work closely with different internal teams to ensure clients receive the best service. You can also connect with us on LinkedIn. For more podcast episodes, subscribe to our Youtube Channel at Moxin Reza.Keep smiling, be kind, and continue investing. Peace out!See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.