“You can get access to that equity… it’s going to last maybe six months, eight months… 18 to 24 months. Can you survive?”
Personal Finance with Ravi Sharma | Australian Finance & Property Podcast · First Crash, Then Boom? | Australian Property Price Predictions!
Play from 2:02
2:02
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What was described
tapped existing property equity to create cash buffers that can cover expenses for 6-24 months during a market downturn
6-24 months
Said nearby on the same subject
“She reviews her finances, improves her cash flow, builds a larger buffer, and obtains a clear understanding of borrowing capacity... she bought a high-quality property under more favourable conditions.”
MY
Michael Yardney illustrated by fictional investors David and Sarah
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast ·
“Property manager raises rent every quarter… if you can predict when those rent increases are going to happen, then that can help also with your pro forma and cash flow.”