Welcome back to Your Mortgage with me, Cate Bakos.
First up on tonight’s show, I talk with The Property Professor, Peter Koulizos about holiday houses. What inspires people to buy them? Why do we debate whether they’re personal-use or investments and what are some of the implications that investors need to consider, if they’re targeting a holiday house?
I then chat with Chris Bates from Wealthful who joins us to talk about cash flow versus equity. We discuss, equity rich/cashflow poor vs cashflow rich/savings poor and what can create each, what types of investment properties would either target? What do buyers often confuse when considering the strength of their borrowing ability? And how can either category of people enhance their long-term financial position?
I hope you enjoy!
21 January, 2021