Property Investment Podcast Network How this investor learned from costly mistakes
Interim host and managing editor of real estate at Momentum Media, Tim Neary, is joined by Phillip Tarrant's business partner Alex Whitlock who reveals the challenges and experiences he faced throughout his 20 year property investment journey, acquiring over 30 properties around Australia.
Accountant Michael Johnson also joins Tim and Alex to discuss the learning curves of property investing, including the need to understand the impact of rising interest rates, the dynamics of property markets and demographics and the key things to understand with budgeting and cash flow.
They also discuss the key things learnt along the way as well as the peaks and troughs that created significant impact in Alex's life, why Alex needed to 'scrape the change' to gain a clear focus on his future and why he eventually learnt to remove emotion from property investing.
You will also find out how to avoid the same mistakes Alex made, the most important things to be aware of and the pitfalls of stretching yourself too thin.
You'll hear all of this and much, much more in this episode of The Smart Property Investment Show!
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SUBURBS MENTIONED IN THIS EPISODE:
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