In this episode of The Smart Property Investment Show, Victor Kumar shares his biggest investment mistakes and what he did to keep the wheels in motion.
Do property professionals ever make bad investment decisions?
Of course they do, according to Victor Kumar.
He may be the director of a successful buyer’s agency now, making hundreds of offers on properties every week, but what happened when Victor woke up one day and realised his cash flow was far too negative?
Find out how Victor managed to pick up the pieces, what other mistakes he made along the way and where he thinks the property market is heading.
Join your host @philliptarrant and editor of Sterling Publishing’s mortgage and real estate titles Vivienne Kelly as they pick the brain of one of Australia’s most respected investment professionals and learn about his personal property portfolio.
All this and much more coming up on this episode of The Smart Property Investment Show.
Tune in now!
The Smart Property Investment Show gives you insight, strategies and tactics that every property investor can use.
In each episode, the Smart Property Investment team and its special guests will break down what's happening in the world of property investment, how it affects everyday property investors and how they can take advantage of it.
Listen to other instalments of The Smart Property Investment Show:
Episode 26: 'How we bought 11 properties in less than 5 years': The SPI Show reveals all
Episode 25: 'How I bought six properties even though the banks don't want to lend to me and I'm self-employed'
Episode 24: 'How property helped me quit the rat race'
Episode 23: 'The worst property investment decision we made'
Episode 22: 7 properties by 25. How this young investor did it
Episode 21: The magic formula for negotiating on properties
Episode 20: 'How we recovered from our auction nightmare and bought a property goldmine'
Episode 19: ‘How I built a multimillion-dollar portfolio even though I bought the wrong properties’
Episode 18: ‘What’s the worst that can happen?’ The ups and downs of DIY property management
Episode 17: The secrets to my success – how I built a massive portfolio on a modest income
Episode 16: How I'll retire on $200,000 a year
Episode 15: 10 properties in 6 years – how this elite sportsman will create a passive income
Episode 14: How I turned $4,500 into a multimillion-dollar portfolio
Episode 13: Are we about to see real estate Armageddon?
Episode 12: My sink-or-swim investment strategy
Episode 11: How your living expenses will affect your borrowing ability and is it time to chat with your lender?
Episode 10: Is it boom or doom in 2016... and is ready access to finance assured in the year ahead?
Episode 9: How a tradie bought 12 properties in under 4 years
Episode 8: 'How I bought 9 properties on a modest income - all before 30'
Episode 7: How to pick a hotspot; Here comes the squeeze!
Episode 6: How to start investing without a plan
Episode 5: 'How I built a portfolio from scratch'
Episode 4: Christmas special! We look back on 2015 and forecast what's in store for investors in 2016
Episode 3: Are we in a property bubble? Does aircraft noise depress property prices? And where's the next boom?
Episode 2: Where are prices on the way back? What's the future for mining towns? Are we all in a ponzi scheme?
Episode 1: What do you do when rates rise? How APRA is affecting investors. And have we found new hotspots?