Buying your first home can feel like a real challenge, and if you’re feeling unsure, you’re not alone. In today's episode, we answer more questions from our Member Only Facebook group to help clear things up and guide you in the right direction.
We kick things off by tackling a big question: should you buy in your dream location now and rent it out, or wait until you’ve saved up a bigger deposit? We break down the pros and cons so you can make a decision that works for you.
Next up, we discuss home and contents insurance. We go over what you need to think about and suggest some good providers to help keep you covered.
Then we dive into whether it’s worth stretching your budget for a detached home instead of settling for a duplex, weighing the options so you can see what fits best with your plans.
Finally, we give you some handy tips on what to look for when inspecting a property. It always pays to know what to check so that you can be saved from unexpected issues later on.
Tune in to get straightforward advice and answers to help you confidently move forward with buying your first home.
Episode Highlights:
00:00 - Introduction
02:04 - Meighan’s special house of the week
03:15 - Should you buy in your dream location now and rent it out or wait for a bigger deposit?
08:58 - Top considerations for home and contents insurance and recommended providers?
13:42 - Is it worth stretching your budget for a detached home instead of buying a duplex?
17:46 - What to look for when inspecting a property
Resources mentioned in this episode:
Resources:
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