How this investor is turning a marriage breakdown into a fresh opportunity
Despite a marriage breakdown, this property investor is looking to not only rebuild, but expand into commercial property...
While the ‘holy grail’ of investment properties would offer a combination of positive cash flow and capital gains, it’s often a case of prioritising one over the other. For real estate agent and property investor Alex Lumsden, he’d choose cash flow.
Alex joins host Phil Tarrant in this episode of The Smart Property Investment Show to share how he managed to get into the property market on a wage of $5.10 an hour, what made him shift focus from metropolitan to regional areas, and why he chooses a cash flow oriented strategy.
Alex explains what vendor financing means, why he decided to establish Lumsden Agency, and what he’s witnessing in Sydney's inner-west property market at the moment.
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An agent is a real estate professional licensed to guide property buyers and sellers with their transactions.
An agent is a person authorised to act as a representative in the selling, buying, renting, or management of a property.