Ep.04 | Four Pillars of Mastery - Borrowing Power




The Property Couch | The Insider's Guide to Property Investing show

Summary: Episode 004 of <a title="The Property Couch - Property Investing Podcast | An Insider's Guide to Property Investing" href="http://www.thepropertycouch.com.au/">The Property Couch</a> is a continuation of our Four Pillars of Mastery series. Last episode we talked about <a title="Episode 003 | Four Pillars of Mastery - Cash Flow Management" href="http://www.thepropertycouch.com.au/episode-003-four-pillars-of-mastery-cash-flow-management/">Cash Flow Management</a> and how it is the first step to your property investment journey. Bryce Holdaway and Ben Kingsley also shared a Flow of Money diagram to illustrate their points. In this episode, they talked about the Borrowing Power. Once you know how much surplus you have at the end of each month then the next step it to know how high is your borrowing power so you can go ahead and buy an investment property. But it’s not as easy as going into a bank or a mortgage broker and get a loan set up. It’s never easy, isn’t it?<br> If you are serious about building wealth via property investment, then you need to make sure you plan ahead in terms of choosing the right package and structuring your loan correctly. Listen to this episode to find out more on borrowing power and if you like it, don’t forget to rate us at our iTunes channel (<a title="The Property Couch - An Insider's Guide to Property Investing in Australia" href="https://itunes.apple.com/au/podcast/the-property-couch/id969904333" target="_blank">The Property Couch Podcast</a>) and our <a title="The Property Couch Facebook page" href="https://www.facebook.com/ThePropertyCouch" target="_blank">Facebook page</a>. If you have any ideas, feel free to drop us your thoughts here: <a title="New topics for The Property Couch" href="http://www.thepropertycouch.com.au/topics/">http://www.thepropertycouch.com.au/topics/</a><br>