Episode 26: Rewinding back to accelerate forward
In this episode of Inside Commercial Property, co-hosts Phil Tarrant and Scott O’Neill sit down to discuss the implications of the Reserve Bank of Australia’s 50-basis point cash rate increase on commercial property investors, with Mr O’Neill discussing the investment trends he has seen occur since the announcement.
The pair are then joined by a guest, Brett Parham, who recounts his investment journey so far, including a failed residential investment, and the motivations behind his entry in the commercial sector. They speak about using lessons from previous investments to guide future purchases, as well as the importance of extensive research and resolute decision making throughout the process.
In this episode, you will also hear about:
- The power of due diligence
- Overcoming lending obstacles
What you'll Learn
– The implications of the Reserve Bank of Australia’s 50-basis point cash rate
– The importance of extensive research and resolute decision making
– The power of due diligence
Resources
– The Smart Property Investment network, produced by Phil Tarrant
– How much cash is required for a commercial property purchase?, from Rethink Investing
– Property Investment Calculator from Rethink Investing