“Do it in pairs. And there's competition. There's collaboration. They're not lonely. I strongly advise against one at a time.”
♫
Said on The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Hadley Nightingale · Geared for Growth Property Investing Podcast · Ep. 355: Is New Zealand the Next Move for Australian Property Investors?, with Hadley Nightingale
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advise against buying new-build townhouses in Auckland because they are oversupplied and yield poorly
“Do it in pairs. And there's competition. There's collaboration. They're not lonely. I strongly advise against one at a time.”
“I map quested directions from their townhouse to a company, to the second company, to the third company and back to their townhouse and then just had print.”
“Yields, I think, are a lot stronger over here than what they are in Australia. Most of the stuff we're sort of buying sits between that sort of 6% to 8% in what we'd consider bigger centers.”
“Every yield from 7s to 30s is doing that… I’ll step up and own longer durations… because I want to capture those yields.”
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