Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · The Negative Gearing Loophole Nobody's Talking About | Dorian Traill
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Use a construction-loan drawdown facility for substantial renovations, letting the lender assess serviceability based on projected post-renovation rent
“‘We shed a lot of retainer clients… pivot to project-based, outcome-based, strategic projects… expert service-based businesses’”
“Once we've purchased for people, we've also got a project management service that can also manage that entire renovation process... and we've also got the property management side of it as well”
“They include investments like the Arrokoon Multipurpose Community Resilience Centre in Queensland, a $7.9 million project to deliver a purpose-built public cyclone shelter and facility for disaster coordination and evacuation.”
“Our third bucket… we really depend on the local jurisdiction to let us know there's an issue… complaint base.”
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