5 MISTAKES New Investors Make In A BOOMING Property Market | Key DATA They IGNORE And Later Regret

It's easy to have FOMO and be swept away with the Property Market headlines of the housing boom and everyone making money!
This video covers the major mistakes newbie investors make when trying to make money in the property market - especially when it seems all markets are rising in value.
A rising tide lifts all ships. But when the tide goes out, these investors find themselves swimming naked.
Learn how to avoid these 5 critical mistakes.
EDIT: And a market that you can pursue that is not guilty of these mistakes is parts of Toowoomba, QLD.
Chapters:
00:00:00 - Five Factors to be Careful with in Buying Property
00:02:33 - Assessing the Property Market: Trends and Factors
00:05:01 - The Risks of High Rental Proportions in Brisbane
00:07:27 - Factors to Consider When Buying Property
00:10:04 - The Theory of Large Numbers and Regression to the Mean
00:12:26 - Investing in Tasmanian Property Market
00:14:47 - Assessing Suburb Rising Due to Covert
00:17:22 - The Volatility of Investor Speculation
00:19:51 - Factors to Consider when Buying in a Hot Market
00:22:25 - Five factors to avoid property buying mistakes
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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;
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#PropertyInvestment #PassiveIncome #Australia #RealEstate

[@AusPropertyMasteryWithPK]

❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 40,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty 💡 Top Ranked No "BS" Podcast On Spotify/ iTunes/ Google 👉 consultingbypk.com.au/podcast/

[@CarlosWMR]

Yes

[@CarlosWMR]

Yes I’m in perth, what’s are the best suburbs? Low budget here up to 460000 Your videos and tips are great! Thank you

[@christofuar]

Hey, where do you find your data? Im curious to see the stats and numbers of areas im looking into.

[@DAYVIETGOLD]

Hey man, found your video to be super useful! I'm a big data guy myself, in your vid you mentioned avg growth for properties over time being 6-7% irrespective of capital city or regional.. where do you get this view from? Have been trying to find a tool that shows a growth trend over say 10-15 years or even longer.. would be awesome to get some insight!

[@AusPropertyMasteryWithPK]

Thanks! ABS has this data :)

[@digitalnomad87]

Hi PK, recently subscribed your channel and find it very informative. On your point regional might perform worse after covid....a lot depends on location still. What's your thoughts on lake Macquarie region as it's 30 mins from beautiful spots like caves beach and Swansea etc and not much oversupply there( another factor to consider) and lot of infrastructure from govt ex Cedar mill project in Morisset. Plus towards cooranbong it's still not that expensive compared to caves beach, so do you think ripple effect would kick in for lake Macquarie suburbs like Morisset, cooranbong etc and they are good long term investments? Thanks

[@darrenpomerenke19]

Hey PK ! Yes , I'm just starting out as an invester . Would love more video's like this !

[@AusPropertyMasteryWithPK]

I have many in this channel 🙏🏼

[@nathangrieve3232]

Thanks for the great insightful video. Which percentage of IP vs Owner occupied property you consider high risk for a suburb?

[@kathyduong5411]

Hi, how to find those data? Thanks

[@huileetay4637]

As an investor how to know when to sell off an investment property?

[@waffle_burger8499]

Hi PK, I would also add paying well over the median price for a property in a suburb, I got this from one of your other videos.

[@flaviosibilla1721]

Yes mate.. always looking and love the videos.

[@dalepurdon8948]

Awesome video mate. What is the best tool or website to view the kind of data that you mentioned, on a suburb level? Cheers

[@redd5765]

Dropping gems in this video bro! 💎💎💎

[@AusPropertyMasteryWithPK]

👍🏼👍🏼

[@quachhenry3506]

Yes, I am looking for first home in the boom time, it’s hard time

[@huileetay4637]

I really enjoy this KZbin clip because I find it very informative to a property Investor. 😊

[@yashb9343]

Yes, there is so much info everywhere but this video was helpful!

[@AusPropertyMasteryWithPK]

Awesome!

[@vikksareenvlogs3946]

Yes...more videos... I agree 👍... but my Sydney is going so high in this lockdowns also

[@rowenarobinson7419]

Yes I am strutting find what suburb to buy in

[@joesloft]

Why would u say that when it is so hard to get into rentals in these areas!

[@mattn4594]

Hi Pk Thank you for your informative videos. I am shifting my family over from nz and am slowly learning the brisbane and Lagan areas We are leaning towards jimboomba or flagstone for a school. We would like more info on good rental areas and good owner areas please. We will be buying November this year Thank you 😊

[@srinik2269]

Hi PK, Please suggest how the peak going to be around Penrith suburbs. Has it reached the peak & how is the trend in next 6 months for Penrith suburbs.

[@asanweera5648]

Hi PK, How about the region like Lockyar valley, I mean the area passed Highfields. It's really a rural area, is there any chance to grow up the property market?

[@kirk1canedo]

What do you think about Alkimos Perth Wa? Im thinking of getting a property coastal lifestyle.

[@tonydi2792]

Thats yes to your question 🙏 glad this video came out because I was starting to feel that fomo you mentioned, and not know what actions to take next.

[@AusPropertyMasteryWithPK]

Thanks so much!

[@72abhishekbhardwaj]

Hi PK, Where to look for Job add in that particular suburb or area ?

[@vinnishbaby7222]

Thank you PK. Great Vedio.

[@sweetberries683]

I am not buy house at moment coz I don't want starve to death my self to pay my mortgage, I just wait and see how's goes

[@AusPropertyMasteryWithPK]

Cool

[@ronishchaudhary]

Yes. PK your reasons make sense, hope it makes dollars for us 😊

[@AusPropertyMasteryWithPK]

Same!

[@josephinechang3896]

Have been looking for an investment property atm, but not sure where…

[@harryghuman6820]

Hi PK Good knowledgeable episode, i am looking to invest in townhouse which only i can afford at the moment, i am also aware that prices with townhouse grow abit slow but thats only i can afford in this hot market, any suggestion if you can give will be appreciated.

[@sunitaagrawal7675]

Yes

[@adedibuadeyemo1896]

Very informative and practical channel . I’m very new in property investment and have been gathering lots of relevant info on your channel . I’m presently trying to get the data on vacancy rates in Perth suburbs but the closest I got was an unclear data on reiwa. Could you please share any useful link for vacancy rates and also what’s the difference between the property ownership type ‘being purchased vs fully owned’ ? Thanks once again . Ade

[@AusPropertyMasteryWithPK]

Check out sqm for vacancy

[@adedibuadeyemo1896]

@@AusPropertyMasteryWithPK Thanks .

[@Himalbandhu]

Yes I am struggling to purchase in this booming market.

[@AusPropertyMasteryWithPK]

Happy to help with that in my course - we cover that in detail!, otherwise I’ve done some basics videos here on KZbin

[@dfrnascimento]

"I take a national view of the world" :) nice video!

[@AusPropertyMasteryWithPK]

Haha 😅

[@thesciencehinduby]

Hi PK from where I can get these data? Are there sites that you refer?

[@AusPropertyMasteryWithPK]

Different sources there’s no magic website!

[@juniorsutherland1223]

Yes, I am

[@rowenarobinson7419]

YES I am struggling

[@danmariano638]

Yes please!

[@lauraturner4109]

That’s a yes from me ! We are currently looking for our first investment and so confused !

[@AusPropertyMasteryWithPK]

Ok!

[@frankmilford2821]

yes

[@saadhamid77]

Yes pk

[@AusPropertyMasteryWithPK]

🙏🏼

[@juddmitchell1099]

Yes man

[@sureshchoudhary6539]

Hi PK, could please do a video on the suburbs of Brisbane not too expensive but with prospective growth. I have watched your video in which you had mentioned few suburbs like Manly, Wakerly, Graceville, Grange etc. I am a first home buyer . Thanks 😊

[@AusPropertyMasteryWithPK]

Yeah sub 500k in brisbane is where my clients are buying, but it’s fee and far between…

[@sureshchoudhary6539]

@@AusPropertyMasteryWithPK Sorry PK, did not get that, could please elaborate. Thanks 😊

[@AusPropertyMasteryWithPK]

@@sureshchoudhary6539 few* and far between

[@sureshchoudhary6539]

@@AusPropertyMasteryWithPK I am looking for somewhere between 500K- 700k. If you could please help. Happy to pay the fee for consultation. Thanks 😊

[@AusPropertyMasteryWithPK]

@@sureshchoudhary6539 check out my course :)

[@istiklalcaddesi]

Yes x 100

[@pkumar7990]

Excellent video PK!

[@AusPropertyMasteryWithPK]

Thanks!

[@annemorris8397]

Yes to your question. The Covid phenomenon is something I was thinking about and hence taints my view even when looking at the data.

[@AusPropertyMasteryWithPK]

Yes as I saw find areas where data was getting better even before COVID

[@rohitgehlot9165]

Great content as always. I agree with all of the point but number 4 is what I would align 100%. Covid induced inflation in regional markets may cause high financial damages to many, so I prefer to stick to capital cities for now. Anything that's just grown in last 1-2 years could be a risky bet.

[@AusPropertyMasteryWithPK]

Yeah there are countless regionals that aren’t COVID induced but yeah many that are too

[@naghmeh2709]

Thanks Pk for the great content like always😊, I guess the main issue I see these days is the very low rental yield specially in Sydney by increasing the property values which makes it unreasonable to invest. When do you think the rents will keep up with this rise in property values?

[@AusPropertyMasteryWithPK]

I don’t think it will keep up in capital cities at all.. are you open to buy outside Sydney?

[@naghmeh2709]

No my focus is on Sydney at the moment

[@AusPropertyMasteryWithPK]

@@naghmeh2709 gotcha!

[@edmundleong6470]

👍

[@AusPropertyMasteryWithPK]

🙏🏼

[@sarahfrancess2981]

YES ! Pls produce more videos like this. Thankyou PK 🙏🏽

[@AusPropertyMasteryWithPK]

Cool, what topics?

[@sarahfrancess2981]

@@AusPropertyMasteryWithPK A video on areas that are at the bottom of the property market cycle but are expected to experience growth would be great

[@dylanbrewer5313]

Hey PK, great video as always👌 I think I missed the location that stacks up?

[@AusPropertyMasteryWithPK]

I forgot to mention it lol so I put it in the description 😅

[@dylanbrewer5313]

PK I feel like this is a bit of a twist of fate, I literally signed a contract on Friday on a property in Toowoomba…..have a great day 😊

[@AusPropertyMasteryWithPK]

@@dylanbrewer5313 nice one congrats!

[@Forster45]

Another awesome episode 👏

[@AusPropertyMasteryWithPK]

Thank you!

[@pabzy]

Hey mate appreciate the insight how could I get in touch ?

[@AusPropertyMasteryWithPK]

Hey consultingbypk.com.au

[@theaussienurseflipper.8113]

Yes

[@nz51]

yes

[@scottyoung7105]

Yes

[@chrisallen4156]

Yes

[@pinomignanelli6231]

Yes

[@josephinechang3896]

Yes

[@zaraworldtravel-ismatzahid905]

Yes

[@juliamathew]

Yes

[@PankajPatel-xh5gm]

Yes

[@AusPropertyMasteryWithPK]

🙏🏼

[@arumdhamari5890]

Yes

[@AusPropertyMasteryWithPK]

🙏🏼

[@pujasharma415]

Yes

[@AusPropertyMasteryWithPK]

🙏🏼

[@lukepritchard5176]

Yes