Investing in Property on a Low Income at 24 - Interview with Matt Chamberlain

[@elizabethpalu2447]

One of the best youtube videos with content for those starting out. Thanks for recording and sharing this.

[@bhattmanyb]

Good podcast and good insights. Would love to have an update from Matt sometime in the future!

[@carolinehooper6336]

I’m keen to know the name of Matt’s Buyers Agency if possible.

[@jasonator89]

Same

[@elizabethpalu2447]

Hunter Galloway - they have a utube channel

[@elizabethpalu2447]

kzbin.info

[@brago1997]

What podcasts would you recommend to listen to?

[@yuegu8541]

Isn't granny falt not allowed to rented out in brisnabe city council? very confusmed.

[@onproperty]

Brisbane city council is only one council area in Brisbane. There are other council areas who do allow granny flats

[@wiremuormsby2341]

When you talk about savings in the bank, what would you then say about the rate of inflation & the extended time it then takes to save a deposit?

[@bigkoz4505]

Cop it on the chin

[@onproperty]

Inflation might be 1-2% per year, saving rates are lower than that so you're losing money every year. If you're losing 1% of $50k per year (as an example) that's $500/year. It's only going to be a huge sum if you're saving for years and years. Stock market could be better for some people if its going to take them ages, but that obviously comes with it's own risks too

[@imexotica9209]

Has there been any capital growth in the past 18 months? I’m skeptical as to whether growth and cash flow is possible so what sort of growth have you seen so far?

[@onproperty]

There certainly has been in lots of different areas. But I ask you this...are you buying property to own for just 18 months and flip or will you own it for longer? Do you think property will be cheaper or more expensive in 20 years times?

[@imexotica9209]

@@onproperty I aim for long term, but nobody wants growth of just 4% a year. How much growth has this area seen lately? Is it possible for high growth properties in these councils where they allow second dwellings? As opposed to the brisbane city council where you’d target high growth properties but only single dwellings.