Q&A #15: All About Units

Scouting Australia Podcast

In this week's episode, Sammy Gordon is joined back in the studio by the silver dog himself, Jimmy Ibrahim. We have received so many questions since the episode on units earlier this year, so why not deep dive into all things units. The boys discuss if units would ever fit into a retirement plan, if a unit is worth purchasing as your only way into the property market, and the unit outlook with the current market predictions. Sam and Jimmy discuss the main specifics to take note of if looking into units and how to determine whether they are a potential in your portfolio.
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Chapters:

(00:00) Welcome
(02:38) Cheap sh*t units will never retire you
(07:17) Due diligence of units
(08:52) What is strata?
(13:32) What are the benefits of units?
(20:01) Would you transition out of a unit?
(27:20) You don’t want to hold past a boom
(30:57) Inner city unit or regional house
(34:45) Are units more expensive to hold or run?
(36:46) Top 3 things to keep in mind for units in a portfolio