Hey, Legends! Welcome back to The Building Talks Podcast!
We’re shifting gears from design and delivery into the world of property investment. I had a great chat with Liam Carmody, General Manager at Palise Property, about how everyday Aussies can get started in building a property portfolio, even without loads of cash or experience.
Liam’s career began in civil engineering before he moved into property development and investment. He shared how he upskilled and now helps others start their own journey.
We covered the role of a buyer’s agent, the difference between residential and commercial property investment, how to manage risk and returns, and why planning, patience and education are essential for long-term success. Whether you’re just curious or ready to jump in, this chat is full of practical advice.
Liam also co-authored “Property Development Explained Simply”, the third book in the Palise Property series, available on their website.
Key takeaways from this episode:
✅ Liam’s move from engineering to investment
✅ You don’t need to be wealthy, just strategic
✅ A good buyer’s agent makes a big difference
✅ Everyone’s strategy looks a little different
✅ Passive income is possible with the right plan
✅ Know your numbers: risk, cash flow, equity
✅ Property markets follow big-picture trends
✅ Good debt builds, bad debt holds you back
✅ Patience is key, growth takes time
✅ Partnering can open bigger opportunities
✅ Know your financial position before investing
✅ Learn the differences between residential and commercial
✅ Land tends to appreciate more than buildings
Hit play to hear how you can build wealth through property, one smart decision at a time.
Hope you enjoy the podcast!
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The views and information shared in this podcast are for general purposes only and do not constitute legal or professional advice. Neither the host nor the guests are providing specific guidance. Please seek professional advice before taking any action based on the content of this podcast.