ASK90: What are the pros and cons of buying without a mortgage? PLUS: How do you invest in areas where you don't live?

The Property Podcast

Rob Bence & Rob Dix

Business News, Education, News, Investing, Business

4.8 • 2K Ratings

🗓️ 30 May 2017

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

It's time for another couple of questions in this week's edition of 'Ask Rob & Rob'. Two listeners... ...ask Rob & Rob...What are the pros and cons of buying without a mortgage? PLUS: How do you invest in areas where you don't live? ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. NEED MORE ANSWERS? The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors. Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way. Just don't hang around - there are only four Summits each year, and just 16 places available at each! Interested? Click here to find out more. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob. Hello everyone and welcome back to Ask Rob and Rob the show where you ask us
0:14.8	questions about property and those two chaps called Rob answer those questions
0:18.6	nice simple format and it's nice and easy to get on the show too.
0:22.3	Certainly is all you've got to do is pick up the phone and call
0:25.0	Oh 1.38.000.35. That's 0.13.8.8.000.35.
0:31.0	Alternatively, you can go to the Property Hub.
0:32.8	Net slash Ask.
0:34.8	So preliminary is out of the way.
0:36.4	Let's get to our first question.
0:37.8	And that question comes from Tony.
0:39.6	Let's hear what Tony has to ask.
0:41.6	Hi guys, I'm back.
0:43.0	You might remember me from Ask 47. Rent where you want to live and buy elsewhere for investment.
0:50.3	Well so far so good. We are now relocated from Australia and happily renting in our favourite part of London.
0:57.3	My new question in a few cheeky parts is I'm thinking of going down the route of buying without a mortgage.
1:05.0	Therefore I'm keen to get your views on the minimum purchase price for investment.
1:10.0	Or another way of looking at it, how many properties can I get for $2.20.
1:15.0	As I'm more focused on capital growth, I'm leaning towards houses over apartments.
1:22.0	So anyway, keen to get your wise views on the
1:25.8	without mortgage approach and the number of houses or apartments. Well welcome
1:31.8	back to the podcast Tony.
1:33.6	Good to have you back.
	...

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