Before you start searching for property, you need to know what you can afford, what you’re looking for and what you’re prepared to walk away from.
In this episode, Bushy explores the first two of seven decision gates in a disciplined property buying process: Readiness and Mandate.
Using an operating, theatre analogy, he explains how to turn preparation into a practical Property Purchase Mandate, covering borrowing capacity, total purchase costs, holding costs, cash reserves and clear buying rules.
He also compares established properties with eligible new builds, showing why the real cost of ownership matters far more than the purchase price alone.
What you’ll learn:
How the seven property buying gates connect, from Readiness to Ownership.
Why Borrow, Buy, Hold and Buffer are four separate decisions.
How to calculate your true purchase budget and holding capacity.
What to consider when comparing established properties and new builds.
How to create a Property Purchase Mandate with clear criteria, rejection rules and decision making authority.
Why every commitment needs an agreed action, limit and return point.
The takeaway: Get your financial position right, define your mandate and make decisions based on evidence, not urgency or FOMO.
FREE PROPERTY INVESTOR’S FIELD GUIDE
How Should I Invest In Property Now?
After months of post-Budget analysis, modelling and conversations with investors around Australia, Bushy has distilled the key insights into a practical guide designed to help you cut through the confusion and identify the opportunities that still exist for strategic property investors.
Download your free copy here: https://bushymartin.com.au/fieldguide
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Find your Freedom Formula
Success in property starts with your ‘why’, and then the ‘what’ and ‘how’. Let me, Bushy Martin, lead you through it! Sign up for my Freedom Formula program. The first session is absolutely free, and it only takes around an hour!
Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth’ potential.
Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia’s most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them.
Get Invested is part of the Property Hub podcast channel, your home for property investment insights, inspiration and stories from Australia’s top property experts, investors, leaders and analysts. Subscribe now on Apple Podcasts, Spotify and Google Podcasts to get every Get Invested episode each week for free, and also get full access to RealtyTalk, Australia’s top online property show for red hot property investing news and insights direct from property industry leaders and influencers.
