“One of a few of my purchases, like that property which I bought at about $400,000 four years ago, now it is rated as valued at about $620,000”

Australian Property Investor · Why Managing Funds of $2 Billion Gave Vaibhav Rastogi The Slight Edge

Play from 42:00
42:00

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

bought a property for about $400,000 four years ago and later valued at about $620,000, then refinanced to recoup equity for new purchases

$400,000 purchase price; $620,000 current valuation

Said nearby on the same subject

“For a property purchase of circa $700,000 annually, you're only really looking at about $1,500 for land tax, right? So about $30 per week”
MS
Matt Sharp
Geared for Growth Property Investing Podcast ·
Hard number $1,500 per year (~$30 per week) Share this moment
“I did some research about four years ago, where I surveyed 1,000 Australians ... laborers and outdoor workers were about 50-50, whereas professionals ... were almost 80-20 in favor, even 85-15 in favor.”
AS
Associate Professor Thomas Sigler
Australia Overnight ·
Hard number laborers/outdoor workers ~50-50 in favor; professionals ~80-20 to 85-1… Share this moment
“They bought up close to a million homes in the U.S. over 10 years ... stopped buying four years ago as soon as rates went up ... purchases cut 50 60 70 percent”
♫
Said on The Iced Coffee Hour
Hard number ≈1 million homes; 2-3 % of total housing stock; purchase volume cut 50… Share this moment
“They've bought seven properties... portfolio worth close to $11 million... about $6 million worth of equity.”
♫
Said on Personal Finance with Ravi Sharma | Australian Finance & Property Podcast
Hard number 7 properties; portfolio value ≈ $11 M; equity ≈ $6 M; growth rate 12.6… Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.