Why this investor never sold a property in two decades

Property experts have long highlighted the importance of long-term strategy in real estate. One investor has proven this advice effective as he held on to the buy-and-hold strategy for more than two decades.   In this episode of The Smart Property Investment Show, Pete Wargent talks about how he and his wife have built a 14-property portfolio spread across markets across the United Kingdom and Australia, and why they haven’t sold off a single asset since their first purchase 25 years ago.   Find out how they have consistently implemented the set-and-forget approach as property investors and the roles that location, capital growth and rent play in the success of their wealth-creation journey.   Mr Wargent also shares the stark differences in investing in the UK and Australia – from lifestyle to mindset – as well as the changes he has witnessed in terms of servicing debt through the years and why he refuses to believe in doom-and-gloom mortgage stress surveys.   Tune in to Pete Wargent’s episode on The Smart Property Investment Show and learn the best ways to implement one of the most basic yet most effective strategies – the buy and hold.  

If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!