Updated: Nov 29, 2020
Domenic Nesci and Peter Esho run through Wealthi's top 5 investment ideas for a post-covid environment. They run through the key assets and markets to watch as the recovery gathers steam going into 2021.
This episode is also available in audio format on Spotify, Apple, Google and all other popular podcasting apps.
0 - 0.55 min - Intro
1.03 min - Intro to Jenny (content producer)
1.27 min - Off the plan
2.20 min - 2 types of property > Registered property / Off the plan property
2.45 min - Off the plan in an effective way to get into the market.
4.49 min - Peter’s advice about investing in “off the plan” properties
5:34 min- Dom’s advice on investing “off the plan” properties. Lower end of the market + location.
6.25min - Negative parts of Off the plan
7.45 - Peter “ Everything was once off the plan”
10.0 min - Do your research on developers - look up reviews.
11.00 - DOM’S TIP: Developers taking 5% deposit and pay 5% in 12 months.
11:52 min - PETER’S QCB “It’s a good way to be saving into an investment . . . ”
12.12min - Missing Middle i.e. Town Houses
12.39 min - Benefits of Townhouses (Low density - land content - less hassle of having a bigger block of land)
13.40min - Risks of buying a house > Old houses = may require having to fix something up every few months > legacy
14.09 min - Benefits of Townhouse > New > don’t have to worry about renovation > Little strata > Location is close to public transport > aesthetically pleasing when there’s cohesiveness.
18.06 min - Peter “ people will always want to pay a premium to live in a nicer, cleaner place”
18.13min - Prime Yields
18.29 min - Low Yield > High Yield investments.
18.43 min - Peter QCB “ The best assets have the lowest yields”
19.40 min - Don’t chase high yields. DOM “Chasing high yield results in making unnecessary risks”
21.29 min - Peter’s Tip for buying property - don’t look for the highest yield but have a good balance of slow capital gain and low/medium yield.
21.49 min - Dom Recommendation on “ Buy good quality assets in good locations”
23.45min - INSERT INTEREST RATE CHART
24.0 min - Interest rates
25.0 min - Take advantage of the low interest rates. Dom “Go and buy property”
26.45 min - Buy shares or invest in property ?
27.45 min - Other options to invest your money . . . start your own business ? Dom recommends buying an asset first before starting a business.
29.42 min - BUILD WEALTH. Taking advantage of the tax incentives. Governments are throwing money to encourage people to get into the market.
30.16 - Residential real estate is a great investment because governments want you to join the market so they offer incentives. “Take advantage of them and go and buy an asset”
30.25 min - RENTVESTING
30.44 min- Definition “Go and buy something that you can afford, make it the best investment and live somewhere, where you want to live.”
31.30 min - A great strategy to start building a portfolio.
32.18 min - What’s holding people back from rentvesting ? Culture - negative stigma of renting.
34.27min - Peter QCB “ Worst way to kill a relationship is renovating a home . . . “
35.35 min - Don’t be a slave to your property.
36.40 min - Dom recommendation for FIRST HOME BUYERS.
38.00 min - Conclusion
39.30min - Thank you for listening.