EPISODE 225 - Buying SDA ... when rushing in, or going way too slow!
Manage episode 411362246 series 3321104
In this episode, Matt and Minh sit down to talk about one of Matt's recent prospective clients who was in such a rush to buying an SDA, madly trying to buy something before the end of financial year (btw we only in Feb, at time of recording) that he didnt even want to worry about doing his Due Diligence, and was only driven by yield. Friendly reminder everyone ... "TAKE YOUR TIME!"
While its great to jump into SDA with passion and eagerness, its also wise to take things one step at a time, and to do ones research. We have too often seen (time and time again) many silly mistakes taken by investors, by rushing in head first, and not taking into considerations the potential financial mess they will cause themselves. In contrast, Matt also speaks about the opposite extreme, of going very very slowly and being unable to make a decision, and how this also affects the buyer experience due to lack of confidence, or some other issue. This podcast is only about going at a steady pace in order to acquire the investment you are seeking, as you only get one chance to make it right. Once you execute, there is no going back, and you better hope that the decision you made was appropriate at the time.
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It is our goal to see Participants with high-needs disabilities being appropriately housed in accommodation that is right for them. Purpose built homes promote opportunities for social and economic participation, enhance self-determination, and create conditions for Participants to lead vibrant, safe, and independent lives.
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