Why I Buy Property The Irish FIRE podcast

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Trading Business Ireland Economics Ireland Michael Houghton Financial Independence Careers Entrepreneur

Innhold levert av Michael H. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Michael H eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

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Why I Buy Property

1y ago 15:21

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Innhold levert av Michael H. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Michael H eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode, Michael shares his reasons why he has been buying rental properties. He explains that while landlords are currently leaving the property market, he is buying and his reasons for doing so.
Quotes from the episode:
"I think landlords are forgetting that a tenant is paying down a mortgage. Landlords fail to release the difference between cashflow and profit."
"I remember looking at property back in 2013 when property prices were half of what they were today... there were still good deals, there were still bad deals"
"As I see it, I'm not worried about what the property market is doing... what I care about, is can I find a deal I like."
"No one will ever feel rich having a million euro broker account, but buy a few properties and you will feel rich in far more ways than just financially."
Show Notes
https://www.irishtimes.com/property/2023/01/21/landlords-have-their-say-investors-are-not-in-the-game-at-the-moment/
https://www.firepodcast.ie/buying-an-investment-property-with-no-deposit
https://www.firepodcast.ie/my-property-strategy
Subscribe to the monthly newsletter:
https://www.firepodcast.ie/newsletter

… continue reading

113 episoder

#Trading #Business #Ireland Economics #Ireland #Michael Houghton #Financial Independence #Careers #Entrepreneur

Artwork

Why I Buy Property

The Irish FIRE Podcast

108 subscribers

published 1y ago

Del

MP3•Episoder hjem

Innhold levert av Michael H. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Michael H eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode, Michael shares his reasons why he has been buying rental properties. He explains that while landlords are currently leaving the property market, he is buying and his reasons for doing so.
Quotes from the episode:
"I think landlords are forgetting that a tenant is paying down a mortgage. Landlords fail to release the difference between cashflow and profit."
"I remember looking at property back in 2013 when property prices were half of what they were today... there were still good deals, there were still bad deals"
"As I see it, I'm not worried about what the property market is doing... what I care about, is can I find a deal I like."
"No one will ever feel rich having a million euro broker account, but buy a few properties and you will feel rich in far more ways than just financially."
Show Notes
https://www.irishtimes.com/property/2023/01/21/landlords-have-their-say-investors-are-not-in-the-game-at-the-moment/
https://www.firepodcast.ie/buying-an-investment-property-with-no-deposit
https://www.firepodcast.ie/my-property-strategy
Subscribe to the monthly newsletter:
https://www.firepodcast.ie/newsletter

… continue reading

113 episoder

#Trading #Business #Ireland Economics #Ireland #Michael Houghton #Financial Independence #Careers #Entrepreneur

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