How playing the long game can be a winning investment strategy

Taking the first step in your property investment journey can be “daunting”, but this investor believes that keeping your eyes on the prize — whether it’s financial freedom or wealth generation — can help you win the long game.

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In this episode of The Smart Property Investment Show, host Grace Ormsby sits down with Alex Lasry, the chief marketing officer of LocalAgentFinder, who made his foray into real estate investing in 2010 — just two years after the global financial crisis and smack dab in the middle of an apartment development boom.

The Melbourne-based investor recalled how intimidating his first property buy seemed, but ultimately became a step in the right direction with the help of his friends who were versed in the property investment game and with the guidance of trusted real estate professionals.

He talks about the lessons he gleaned throughout the years, underlines the importance of doing due diligence before finalising a deal, and explains why diversification is important in building a portfolio before touching on his plans for the future.

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