Why I wouldn't buy properties off the plan | Property Investment Australia

WHY I WOULDN'T BUY OFF THE PLAN
Eddie has been featured all over the media and news for purchasing 14+ properties by age 26
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Disclaimer: This is not intended as legal, financial, or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature, you should seek advice from a qualified and registered legal practitioner or financial or investment adviser.

[@MultiQuangtrung]

Thanks Diilleen

[@jacobwinnett3130]

What about depreciation and claiming tax back?

[@sazid80]

Hi Eddie
I am a big fan of yours
I like your vision and thought about investing in property. I never thought i would meet you in person coincidently. I was very much excited to see you. I liked this video and enrich my knowledge. Thanks for making videos like this and helping others.
Cheers mate

[@eddiedilleen_]

Hi Sazid! Thanks very much, It was great meeting you too & i'm sure i'll see you again soon, really appreciate your comment and feedback it means a lot =)
-Eddie

[@TheProdigy260592]

Is it safe to say rental income on day an investment property (apartment) is the most important factor ?
Annual rental income/property price then minus any water bills and council fees ? What’s the ideal rate of % should we be looking at

[@fredsalfa]

Like buying a new car you lose 20-30% straight away as soon as you drive it off the lot

[@emanuelpillay7579]

I’m a new subscriber, like your honesty and also your “no silver spoon” background like mine. There’s a new development opportunity in an area that is growing very quickly here in RSA but I am concerned the “meat” in the deal might be chewed off a bit. I want to build a portfolio of properties (only have 2 now). This new development does not have any transfer and duty fees attached. Not sure what to do.