Why I Tell My Clients NOT to Buy an Investment Property

Want us to run the numbers on your surplus profit and what it should be earning? https://kht.com.au/youtube/ __ A client sent me the rental statement for an $850,000 investment property, and after rates, insurance, land tax, water, agent's fees and repairs, the net yield was 2.47%. I go through why I generally tell business owners not to buy one, the client stories where property left the money stuck, and where the same money can earn around 33% instead. I also cover the few cases where I'd tell you to go ahead and buy. __ ► Subscribe to my channel here:    / @benelliottca   __ LET'S CONNECT: LinkedIn:   / benelliottca   Instagram:   / benelliottca   Facebook: https://www.facebook.com/profile.php?... Website: https://kht.com.au/ ________ ABOUT: Ben is the managing director of KHT Accounting & Wealth, a Perth-based firm that helps Aussie business owners make smart decisions about their financial future. With over 13 years of business experience, and having worked with hundreds of clients across multiple industries, Ben’s passionate about sharing his knowledge to help business owners turn their business into a self-sustaining asset that can help them achieve their financial goals. Also an avid reader with particular interest in business literature and biographies, Ben rides his bike to work, rain, hail or shine. He goes surfing whenever possible and will always opt to kick the footy with his three boys rather than watch it on TV. ________ DISCLAIMER: This video is for general information and educational purposes only. It does not constitute financial, tax, legal, or accounting advice and does not consider your personal circumstances. Laws and regulations may change over time. Before making any decisions, seek advice from a suitably qualified professional. Any reliance on this information is at your own risk.