Property investing and development are two distinct strategies in the real estate industry that individuals pursue to generate wealth and financial growth. While both approaches involve investing in properties, they differ in terms of objectives, methods, and financial considerations.
Property investing focuses on generating passive income and long-term wealth through property ownership and rental income. Property development, on the other hand, is creating the investments from the ground up that can be sold or held as investments. So how do you know which option is best when it comes to your property development journey?
In this week’s episode, Bob and Hilary talk about will property investing be your handbrake? They dive into how some people start with property investing but eventually hit a wall with banks not loaning them any more money. They also suggest that property development might be a better option in these cases since it allows for more creativity with finances. So if you’re looking for more expert advice, you won’t want to miss this week’s episode!
Episode Highlights:
- Bob’s tip of the week [01:52]
- Will property investing be your handbrake? [02:52]
- Should you sell your property developments? [07:55]
- What should people do if they have property investments? [12:53]
- At what point does the bank realise they don’t want to tip someone off? [14:04]
- Upcoming event in Melbourne [25:44]
- Should you cut corners on education? [31:25]
