How this investor developed a $12 million portfolio
In this episode of The Smart Property Investment Show, Lloyd Edge shares how he went from earning a music teacher’s salary and living in a heavily mortgaged, one-bedroom apartment, to now owning a cash flow positive property portfolio worth circa $12 million.
The buyer’s agent and author of Positively Geared joins host Phil Tarrant to discuss the catalyst for beginning his investment journey, the resources he used to shape his property education, and the key difference between regional and mining towns.
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Lloyd outlines how his investment strategy has evolved over the last 18 years, why he now avoids investing in areas with single economic drivers, and his top tips for developing a cash flow positive portfolio.
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AREAS MENTIONED
Rockdale
Campbelltown
Ingleburn
Blackwater
Armadale
Toowoomba
Alexandria
Footscray
Morningside
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INSIDE COMMERCIAL PROPERTY – WITH RETHINK INVESTING: Crunching the numbers
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INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Going back to basics
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Getting the most out of your mortgage broker
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Q&A session with Paul Glossop
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A broker’s perspective on current opportunities for savvy investors
