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From negative equity to 20 properties: Where a top broker is buying now

09 NOV 2026 • By Liam Garman • 2 min read • Investor Strategy

He once burned through his savings after three property purchases went wrong. Now, with a portfolio of around 20 properties, Strategic Brokers’ Hung Chuy reveals the lessons behind his investing success, why the big banks are losing business to smaller lenders, and where experienced investors are putting their money as prices fall.

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From negative equity to 20 properties: Where a top broker is buying now

Property Investment Podcast Network

From negative equity to 20 properties: Where a top broker is buying now

On this episode of The Smart Property Investment Show, Phil Tarrant is joined by Strategic Brokers’ Hung Chuy to unpack the changing lending landscape, where investors are finding opportunities, and the lessons behind his 20-property portfolio.

 
 

Chuy explains why second- and third-tier lenders are winning business from major banks, and how equity-rich investors are capitalising on falling prices. He also reveals why Melbourne units are attracting attention, alongside a Sydney apartment purchased for around $420,000 with potential rent of $620 a week.

The pair discuss why October to December can be the best time to buy, before Chuy reflects on three off-the-plan Brisbane purchases that left him facing negative equity and drained his savings. He shares what the experience taught him about cash buffers, property selection, and managing risk.

Finally, Chuy reveals why he’s considering selling a Western Australian property to buy three units, potentially boosting his annual cash flow by $50,000, and why he’s prepared to sacrifice capital gains for stronger yields.

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, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.

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RELATED TERMS

Broker
A broker is a real estate agent that is licensed and has completed additional training, working independently, and can hire other agents to start their brokerage firm.
Equity
Equity is the difference between the market value of a property and the amount owed to a lender that holds the mortgage or the loanable amount.