Luke’s first property investment included what he now looks back on as “learning experiences”. He chose it only because it was close to where he lived, he bought it at the peak of the market and he elected to manage his (unreliable, damage-prone) tenants alone. Sixteen years on, Luke now has 30 properties and a much better idea about how to approach the investment game.
In this episode of the Smart Property Investment Show Luke joins host Tim Neary to unpack how he went about educating himself, how his investment style has changed over time and why patience is the name of the game.
Luke will also share how his initial mistakes discouraged him and had him doubting the wisdom of being an investor, and how his realisation of the importance of active management bought him back into line. He will discuss the importance of having a strong support team and why it’s smart to put a proper value on your personal time.
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