Things To Consider When Buying Off The Plan

When buying property off the plan there are some serious risks you need to consider or you might end up with a bad investment. When investing in property, one of the things youll probably ask yourself at some point is, Should I buy existing property or should I purchase property off the plan? Its a question that a lot of people wrestle with. And so, today, I wanted to talk about some things to consider when buying off the plan. Both the benefits of it as well as some of the risks that are associated with it. So, hey, Im Ryan from onproperty.com.au. I help people find positive cash flow property. And a lot of people do email me asking what do I think about buying off the plan. In fact, I was on a webinar with Ben Everingham last night and someone asked this very question. What do you think about buying off the plan? They were saying, if its got a decent yield, does that mean its okay? The fact is, theres a lot of things that you need to consider and thing about so I thought itd be great to create an episode. At the end of this episode, youll be more educated and youll know the things to look for if you are actually considering going down this route. First, lets look at some of the benefits of buying off the plan as well as why people seem to get so excited about this type of investment. Well, I think, one of the most exciting things as a human being full of emotion, which we all are, is buying something brand new is extremely exciting just for the fact that its brand new. ------------------------------------------- http://onproperty.com.au/398 - View the full transcription and audio version of this episode. http://onproperty.com.au/free - See real positive cash flow property listings ------------------------- DISCLAIMER No Legal, Financial & Taxation Advice The Listener, Reader or Viewer 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 Listener, Reader or Viewers personal and financial circumstances into account when providing information; We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer; The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant; The information may not be suitable or applicable to the Listener, Reader or Viewer\'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, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.