podcast

How to build a multi-property portfolio without getting stuck

Brendan Kelly

Brendan Kelly, Director, RESULTS Mentoring

{{youtube id="g_TXWIOdMD4?list=PLZWLiY_OqG3MypcGK0bR3pA1uOEiV09VA"}}

So how can an investor build a multi property portfolio and avoid getting stuck? The answer is knowing what "stuck" is, and "stuck" is not having enough money to create a deposit for another purchase or not having the borrowing capacity to seal the deal and settle on it. So how do you avoid that? The answer is being prepared to sell. In order to move forward you need to release equity and you need to release some borrowing capacity, and selling a property at the right time will do exactly that. When you've got a property in your property portfolio in a market that's starting to plateau, starting to cool down, it might be the perfect opportunity to sell so you can then go and buy again in an area that's about to take off.

 

Listen to other instalments of The Smart Property Investment Show:
Episode 89: Renovating as a couple: two young investors share their story
Episode 88: Everything you want to know about the short-term rental market revealed
Episode 87: BONUS EPISODE: Former Olympian shares his property development know-how
Episode 86: How a former Olympian found new sport in property development: Ed Fernon's success story
Episode 85: Q&A session with Paul Glossop – more questions answered!
Episode 84: 'How I overcame dodgy builders to manufacture $100k in equity in less than a month'
Episode 83: BONUS EPISODE: Top Aussie broker’s tips for surviving changes to mortgage lending
Episode 82: The investment strategy that could allow this 32-year-old to retire TODAY
Episode 81: BONUS EPISODE: Secrets of the Perth market uncovered: invest now or wait?
Episode 80: Q&A session: SPI answers all your burning questions
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%