Secrets to building a $12-million portfolio: Lloyd Edge
Investor Lloyd Edge has successfully built an 18-strong property portfolio with assets spread across three states, now v...
In this episode of the Smart Property Investment Show, host Phil Tarrant is joined by his buyer’s agent, Right Property Group’s Steve Waters, for another monthly portfolio update and to explain why sometimes as an investor doing nothing is your best approach.
In what they describe as “an episode about nothing” due to them currently in a maintenance and holding phase, they dive into relationships with property managers and why it is important to set expectations early on with them.
They share how your property manager might have hidden costs and whether you should allow them a cash buffer for any maintenance issues.
If you like this episode, show your support by rating us or leaving a review on iTunes (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 [email protected] for more insights!
RELATED AREAS OF INTEREST:
PORTFOLIO UPDATE: A costly oversight on the portfolio
PORTFOLIO UPDATE: The small numbers that could save you big dollars
PORTFOLIO UPDATE: Where to go from here for Sydney property investors
PORTFOLIO UPDATE: How we renovate to increase tenant longevity
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.