The Business of Property Investing | No BS With Birchy | EP 119
How can property investors adopt a business-oriented mindset and minimise emotional decision-making? Your host, Nathan Birch and special guest, Monica Rouvellas, a savvy property investor, explore the wealth of insights on Monica’s remarkable property journey.
Monica Rouvellas is an entrepreneur, property and business solicitor specialising in business structures for investments and estate planning. Monica is also a Lecturer in Business and Corporations Law at Macquarie University as well as the founder of Muzikboxx, an online platform connecting music teachers with music students. She is also an active music teacher catering to students in the Hills District.
Episode Notes:
(5:10) Monica’s Backstory
(6:27) Unexpected Lessons Along Monica’s Property Journey
(13:00) Managing Finances, Debt, and Tax Returns Effectively
(14:40) The Significance Of Analysing A Cashflow Sheet Before Purchasing A Property
(15:43) Optimising Returns With A Good Property Manager
(18:07) Treating Your Property Portfolio Like A Business: Emotion-Free Property Investing
(22:21) Negotiating Better Interest Rates With Your Bank
(28:35) Property Investing VS Shares
(32:12) Common Challenges Faced By Property Investors
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