In this episode of the Loan Lounge Podcast, we're joined once again by Bryce Stickland, Principal of Rx Property Australia, and Zander De Klerk, Partner at Xeta.
We talk about how to create a well-defined plan and assemble the right team when starting a medical practice, the different property ownership structures available, and the benefits of co-locating complementary medical services.
We also discuss the role of self-managed super funds in property investment, state-specific regulations and licencing requirements, and the value of seeking expert advice from professionals like accountants, lawyers, and financial planners.
If you want to learn how to navigate the medical property market, make informed decisions about your investments, and build a successful practice, then make sure to listen to this episode!
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SHOW NOTES LINKS
/ nathanieltruong
/ brycestickland
/ zdk
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LISTEN TO THE PODCAST
Spotify: open.spotify.c...
KZitem: • Video
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FIND US HERE
Website: loanlounge.au/
Facebook: / loanlounge
LinkedIn: / loanlounge
Instagram: / loanlounge
KZitem: / @loanlounge
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TIME STAMPS:
00:00 - Intro
00:56 - Working in Silos
01:41 - Advice That Mortgage Brokers SHOULD Be Sharing With You
03:34 - When Is It The RIGHT Time to Start a Medical Practice?
06:52 - Choosing the Right Location for Your Medical Practice + Integration with Other Products/Services
11:22 - The Mix-Use Development Scheme + Rules/Regulations Between Different States of Australia
16:55 - Financing a Mix-Use Development + Medical Practice
21:24 - What is the Limit When it Comes to a SMSF + Capital Purchases?
24:44 - Alternative Products to Help You on Your Property Journey + Strata, Defining Your Scope
30:35 - "Ticking Your i's & Crossing T's" Before Purchasing a Property
38:31 - Conclusions
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DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
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