Three rules to know before you invest in property
02 Jan 2025
BackHow do I know if I’m overpaying? Is bigger always better when it comes to land size? Is demand alone enough to support property growth?
In this episode, Damian is joined by Head of Momentum Wealth’s Property Advisory division, Robin Ram, to break down the three fundamentals rules every buyer needs to know before investing in property.
As well as answering important questions around property growth, they’ll explore the common pitfalls that could limit a property’s potential, how to avoid overpaying during the purchase process, and how to adjust your negotiation strategy for different market conditions.
In the episode, you’ll learn:
- How to stay objective and overcome emotional bias when buying property
- Why “growth areas” don’t always translate to capital growth
- Understanding “opportunity cost” and knowing when to walk away
- The key factors professionals look for when tracking buyer demand
- Turning FOMO into JOMO: how to set boundaries and negotiate with confidence
Enjoyed the episode? Learn more about the frameworks Damian has used to help thousands of investors build wealth through property in his Amazon best-selling book, Property Investing Roadmap: How to build an income from property for life.
Featuring
Damian Collins
Host, Property Investing Roadmap
Managing Director, Momentum Wealth
Chairman, Westbridge Funds Management
Damian Collins is the Founder and Managing Director of residential property advisory, Momentum Wealth, and Chairman of Australian property funds management company, Westbridge Funds Management. Damian is the author of the Amazon Best Seller, Property Investing Roadmap: How to build an income from property for life and host of the Property Investing Roadmap podcast. He is a well-known advocate across Australia’s real estate industry, previously serving as President of the Real Estate Institute of WA (REIWA) from 2018 to 2022 and as a Director of the Real Estate Institute of Australia. Having been an active property investor himself for over 30 years, Damian continues to apply his extensive experience to help fellow investors grow wealth through direct and syndicated property investments.
Robin Ram
Department Manager – Property Advisory, Acquisition & Research, Momentum Wealth
Beginning his career as a property management assistant and sales representative, Robin has since garnered over two decades of experience in various areas of real estate strategy and management. At the age of 20, Robin became WA’s youngest holder of a triennial license and also holds diplomas in Business Management for Real Estate and Management, along with certifications in Real Estate and Training and Assessment. Robin has a broad skill set and has worked in sales, agency management, training, and business development, including running his own residential-focused office. Now, as the leader of Momentum Wealth’s Property Acquisitions and Research division, he uses proven research methodologies to help identify valuable investment opportunities for the company’s clients.
Thanks for tuning in! If you’re enjoying the podcast, please take a moment to rate us to help others discover the show. Please note that the information shared on Property Investing Roadmap is general in nature and doesn’t take into account your individual circumstances.
The information is for educational purposes only and should not be relied upon for investment or financial decisions. Always seek professional advice before deciding whether to invest.
Today’s guests are representatives of Momentum Wealth Property Advisory Pty Ltd. Licensed Real Estate and Business Agent in WA RA82976.