“Renovation would be $250,000… I could put it into my business… I’ve lost about $250,000… current yield would be about 6.1%.”

Personal Finance with Ravi Sharma | Australian Finance & Property Podcast · Why I Sold My Properties In Australia | Regrets & Wins!

Play from 5:37
5:37

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What was described

Chose not to spend $200-$250 K on renovating a three-unit block and instead invested the money into his business

Purchase ≈$600K, sold $650K, renovation cost $200-$250K, lost $250K, rent $1,300/week, current yield 6.1%

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