Investment lessons from a photographer-turned-property-investor
Property markets are cooling. Does this spell good or bad news for buy-and-hold investors?
Smart Property Investment’s Phil Tarrant sits down with Buyers Agency Australia's Dragan Dimovski to run through the first assets bought by Dragan to build his portfolio and separate the good deals from the bad ones.
Dragan reminisces on how seeing a property investor driving a Ferrari set the ball rolling for his venture into real estate back when he was still a photographer.
Initially investing in a negatively geared property due to a lack of sufficient knowledge about the industry, Dragan narrates how he eventually mastered the buy-and-hold strategy that built his 13-property local and overseas portfolio to now be worth $10 million.
The two also discuss how investors manufacture equity, uncover how to spot the right time to invest in the different stages of the market cycle, and reveal how to produce the right product for rental purposes.
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn.
If you would like to get in touch with our team, email [email protected] for more insights, or hear your voice on the show by recording a question below.
