How Much Does It Cost To Invest In Property? Real Numbers + Hidden Costs ⎜ Ep. 1355

The Property Academy Podcast

Content provided by Opes Partners. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Opes Partners or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

1+ y ago 13:37

M4A•Episode home

In this episode, you'll learn the 3 main costs of investing in property.

These include 1) the purchase price, 2) the cashflow of the property and 3) the set-up costs.

You'll learn how a standard new build property typically costs between $550k – $1.1 million.

However, the rent of this property won't cover all of the costs to own it. That's why investors need to top up their properties by $300 - $500 a week.

On top of that, there are set-up costs, which investors typically need to pay $4k - $7k.

Ultimately this will let you know how much you need to pay in order to buy and own an investment property.

Key topics: cost to invest, set up costs, cashflow

1887 episodes

#Trading #Business #Opes Partners