Powered by MOMENTUM MEDIA

How to build a multi-property portfolio without getting stuck

By Reporter 25 July 2014 | 1 minute read

Brendan Kelly, Director, RESULTS Mentoring

Brendan Kelly
Advertisement
Advertisement
>{{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.

 



How to build a multi-property portfolio without getting stuck
Brendan Kelly
spi logo

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.