Are 10,000 property investors all making the same mistake? In today’s episode, we have a chat with Redom Syed from Confidence Finance about something that’s affecting a lot of property investors today: groupthink. We talk about what happens when investors all start following the same trends and whether that’s helping or hurting them in the long run. Redom shares his take on the risks of this kind of herd mentality, especially when buyers’ agents are driving up demand in certain areas.

We also take a closer look at how investor behaviour has shifted over the years, and why focusing solely on areas with momentum might not always be the smartest play. What happens when rental yields start to fall, or when the market slows down? How do investors shift their focus without getting caught up in the crowd? Redom talks about why local knowledge in places like North Queensland or Perth is so critical and how it can make a huge difference when it comes to finding the right investment opportunities.

We don’t just talk about the risks, though. We also offer solid advice on how to capitalise on groupthink without falling victim to it. From leveraging rezoning opportunities to structuring your credit smartly to maximise borrowing capacity, Redom shares strategies that go beyond just following the herd.

In the end, Redom’s biggest tip for anyone in the property game is simple: don’t just go with the flow because everyone else is. There’s a smarter way to go about the property market, and this conversation is full of ideas on how you can do just that.

Episode Highlights:

00:00 - Introduction

01:08 - Who is Redom Syed?

03:18 - How Redom got into exploring groupthink in property investment

05:38 - What are the risks of buyer’s agents driving up demand in specific areas?

08:10 - What if investors shift focus due to falling rental yields?

10:29 - For North Queensland or Perth purchases, is local expertise on property essential?

17:07 - How has investor behaviour evolved in the property market over 10 years?

25:42 - Redom’s biggest tip on capitalising on groupthink in real estate

28:04 - Redom’s top investment strategies beyond momentum investing

40:06 - Where are the best opportunities under Sydney’s medium density housing code?

43:06 - Strategy to leverage rezoning opportunities or planning changes for property investment

45:46 - How to maximise your borrowing capacity through smart credit structuring

48:47 - Redom’s insights about valuations and borrowing capacity for new investors

53:36 - Redom’s biggest advice for everyone about property

About Our Guest:

Redom Syed is a 7x MPA Magazine Top 100 Mortgage Broker in Australia and the founder of Confidence Finance. Raised in a loving family, his life took a turn when both of his parents lost their jobs, leading to the repossession of their family home. This experience sparked a drive in Redom to take control of his future and finances. Starting as a first-home investor at 22, Redom has now built a sizable property portfolio, having bought and sold dozens of properties. His mission is to help everyday Australians make better financial decisions, empowering them to take control of their futures. Through his YouTube channel and podcast, Australian Property Talk, Redom continues to educate property investors and inspire others to achieve financial freedom.

Connect with Redom Syed:


LinkedIn https://au.linkedin.com/in/investmentfinance


Instagram https://www.instagram.com/redom__australianproperty/


Website https://confidencefinance.com.au/

Resources:


Visit our website https://www.theelephantintheroom.com.au


If you have any questions or would like to be featured on our show, contact us at The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au


Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au


Work with Veronica: https://www.veronicamorgan.com.au


Looking for a Mortgage Broker? https://www.flintgroup.au


Work with Chris: chrisbates@flintgroup.au

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!


Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast


Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719


Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

 

Are 10,000 property investors all making the same mistake? In today&rsquo;s episode, we have a chat with Redom Syed from Confidence Finance about something that&rsquo;s affecting a lot of property investors today: groupthink. We talk about what happens when investors all start following the same trends and whether that&rsquo;s helping or hurting them in the long run. Redom shares his take on the risks of this kind of herd mentality, especially when buyers&rsquo; agents are driving up demand in certain areas.
We also take a closer look at how investor behaviour has shifted over the years, and why focusing solely on areas with momentum might not always be the smartest play. What happens when rental yields start to fall, or when the market slows down? How do investors shift their focus without getting caught up in the crowd? Redom talks about why local knowledge in places like North Queensland or Perth is so critical and how it can make a huge difference when it comes to finding the right investment opportunities.
We don&rsquo;t just talk about the risks, though. We also offer solid advice on how to capitalise on groupthink without falling victim to it. From leveraging rezoning opportunities to structuring your credit smartly to maximise borrowing capacity, Redom shares strategies that go beyond just following the herd.
In the end, Redom&rsquo;s biggest tip for anyone in the property game is simple: don&rsquo;t just go with the flow because everyone else is. There&rsquo;s a smarter way to go about the property market, and this conversation is full of ideas on how you can do just that.
Episode Highlights:
00:00 - Introduction
01:08 - Who is Redom Syed?
03:18 - How Redom got into exploring groupthink in property investment
05:38 - What are the risks of buyer&rsquo;s agents driving up demand in specific areas?
08:10 - What if investors shift focus due to falling rental yields?
10:29 - For North Queensland or Perth purchases, is local expertise on property essential?
17:07 - How has investor behaviour evolved in the property market over 10 years?
25:42 - Redom&rsquo;s biggest tip on capitalising on groupthink in real estate
28:04 - Redom&rsquo;s top investment strategies beyond momentum investing
40:06 - Where are the best opportunities under Sydney&rsquo;s medium density housing code?
43:06 - Strategy to leverage rezoning opportunities or planning changes for property investment
45:46 - How to maximise your borrowing capacity through smart credit structuring
48:47 - Redom&rsquo;s insights about valuations and borrowing capacity for new investors
53:36 - Redom&rsquo;s biggest advice for everyone about property
About Our Guest:
Redom Syed is a 7x MPA Magazine Top 100 Mortgage Broker in Australia and the founder of Confidence Finance. Raised in a loving family, his life took a turn when both of his parents lost their jobs, leading to the repossession of their family home. This experience sparked a drive in Redom to take control of his future and finances. Starting as a first-home investor at 22, Redom has now built a sizable property portfolio, having bought and sold dozens of properties. His mission is to help everyday Australians make better financial decisions, empowering them to take control of their futures. Through his YouTube channel and podcast, Australian Property Talk, Redom continues to educate property investors and inspire others to achieve financial freedom.
Connect with Redom Syed:
<ul>
<li dir="ltr" aria-level="1">
LinkedIn <a href="https://au.linkedin.com/in/investmentfinance">https://au.linkedin.com/in/investmentfinance</a>
</li>
<li dir="ltr" aria-level="1">
Instagram <a href="https://www.instagram.com/redom__australianproperty/">https://www.instagram.com/redom__australianproperty/</a>
</li>
<li dir="ltr" aria-level="1">
Website <a href="https://confidencefinance.com.au/">https://confidencefinance.com.au/</a>
</li>
</ul>
Resources:
<ul>
<li dir="ltr" aria-level="1">
Visit our website <a href="https://www.theelephantintheroom.com.au">https://www.theelephantintheroom.com.au</a>
</li>
<li dir="ltr" aria-level="1">
If you have any questions or would like to be featured on our show, contact us at&nbsp;The Elephant in the Room Property Podcast <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>
</li>
<li dir="ltr" aria-level="1">
Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">https://www.gooddeeds.com.au</a>
</li>
<li dir="ltr" aria-level="1">
Work with Veronica: <a href="http://www.veronicamorgan.com.au">https://www.veronicamorgan.com.au</a>
</li>
<li dir="ltr" aria-level="1">
Looking for a Mortgage Broker? <a href="https://www.flintgroup.au">https://www.flintgroup.au</a>
</li>
<li dir="ltr" aria-level="1">
Work with Chris: <a href="mailto:chrisbates@flintgroup.au">chrisbates@flintgroup.au</a>
</li>
</ul>
Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!
<ul>
<li dir="ltr" aria-level="1">
Subscribe on YouTube: <a href="https://www.youtube.com/@theelephantintheroom-podcast">https://www.youtube.com/@theelephantintheroom-podcast</a>
</li>
<li dir="ltr" aria-level="1">
Subscribe on Apple Podcasts: <a href="https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719">https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719</a>
</li>
<li dir="ltr" aria-level="1">
<a href="https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719"></a>Subscribe on Spotify:&nbsp;<a href="https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765">https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765</a>
</li>
</ul>
&nbsp;

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

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