“In the central market, they didn't require us to do any trade spend. That was just our promotional budget from demos”
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Said on Road 2 Retail
this is property · 840 upsizing in Sydney, should we build a duplex, commercial property & sell vs rent out old PPOR
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Recommend allocating fixed budgets to major trades (e.g., $200k for bathrooms, $150k for kitchens) and managing spend within those caps
$200,000 for bathrooms; $150,000 for kitchens
“In the central market, they didn't require us to do any trade spend. That was just our promotional budget from demos”
“I took a breast pump to work and pump in the bathroom and put the breast milk in the fridge and tell some of the guys in the kitchen not to use that for their coffee.”
“Total Fund Management… combine our asset allocation function with our treasury function. Asset allocation is what you want to buy. Treasury is how do you pay for it.”
“Don’t spend more than five minutes in the bathroom… ideally 30 seconds… it should be an in-and-out job.”
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