“Melbourne's been terrible for property for the last 10 to 15 years… land tax just up… property a really tricky investment”

The Finance Garage · Ep 53 - Betting everything on being funny with Dave Hughes ft. Dave Hughes

Play from 44:16
44:16

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What was described

Advise against investing in property in Melbourne right now

Said nearby on the same subject

“Right now, I think I've got 16 properties online… you really need to get them moving, right?”
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Said on Get Keen
How they work 16 properties Share this moment
“I wouldn't use the funds to buy investment properties. I'd be using the funds to reduce my owner-occupied debt and then leveraging to buy investment properties.”
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Said on this is property
Contrarian take Share this moment
“Do it in pairs. And there's competition. There's collaboration. They're not lonely. I strongly advise against one at a time.”
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Said on The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
How they work Share this moment
“But from my investment strategy, I have a property manager. So majority of the things that I do are through property management because I work a full time at the time I was also going to school full time”
LB
Lindsay Barrientos
BiggerPockets Real Estate Podcast ·
How they work $388 monthly debt service; $1,100 rent Share this moment

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