The property podcast for the thinking person.

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Episode 226: Do You Need a Property Plan?

Did you know that you don’t need any qualifications to become a property advisor and provide a property plan? 

What does this mean for property investors? Are property plans worth getting if you want to build an investment portfolio? What can go wrong? 

In today’s episode of The Elephant in the Room, we talk about what property plans are, how advisors reel people into getting one, and if you need it at all! 

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!

Episode Highlights:

  1. Why people think they need a property plan [00:51] 

  2. The problem with financial advisors recommending property plans [03:33]

  3. Are property plans roadblocks for investment growth? [08:11]

  4. Property forecasts: Are they reliable? [12:00]

  5. Why Your Equity Matters in Property Investing [15:26]

  6. Property is NOT a last minute solution for retirement [19:24]

  7. How much time you actually need to gauge property performance [23:34]

  8. The wrong perceptions on property investing success [27:50]

  9. What property you buy makes all the difference [32:41]

  10. Property investing post-COVID [35:11]

  11. Financial advice in a nutshell [40:18] 

  12. Is getting a financial advisor and a property plan a good idea? [42:57] 

  13. The alternative to getting a property plan [47:22]

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Chris Bates