“Melbourne's been terrible for property for the last 10 to 15 years… land tax just up… property a really tricky investment”
♫
Said on The Finance Garage
Scott Galloway · BiggerPockets Real Estate Podcast · Scott Galloway: Stop Being an Earner, Start Being an Owner
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
Invests in single-family rental properties for tax advantages and to hedge against market drops
“Melbourne's been terrible for property for the last 10 to 15 years… land tax just up… property a really tricky investment”
“I'm a huge fan of using equity to invest... Use the equity, save tax and invest. So that'll be a combination like I own property, I also own shares.”
“We took advantage of a lot of tax trading, we did a lot of buying when it was down… most of the losses in some markets were erased within weeks”
“We also episodically hedge what we call black swan risk. We look for, you know, the event that could cause a market crash. And the way we manage that risk is by buying these sort of asymmetric instruments, credit default swabs, various kinds of options to hedge.”
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.