Renovate, FLIP vs Buy & Hold

What is the best approach to develop an income-generating property portfolio?

The buy, renovate, sell, and repeat method involves flipping property to fund additional rental property investment.

The buy and hold method involves putting down a deposit and leveraging without any enhancements or renovations to the property at hand.

In this episode we speak to Brook Garner who's done both! She flipped a couple of houses as well as bought three long term buy & hold investment properties both locally in Brisbane and also interstate in Perth.

Hear how she did it, her best advice for people starting out, and her biggest lessons. 

She's planning to be have the option to leave her 9-5 in 10-15 years, and he story will inspire you to do the same.

Discussion Points:

00:00: Introduction

01:36: Starting out as an investor in Brisbane 

06:51: Negotiating a bargain on the second property

10:25: Changing strategies: from flipping to investing

11:37: A bit of luck with an emotional purchase

17:36: Heading west: buying in Perth using equity 

21:15: Selling off-market to buy again 

24:43: Trusting real estate and the process of investing

26:58: Conclusion 

About The Host:

Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. 

PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. 

Resources:         

• Watch FREE Trainings On Our Website  👉 https://consultingbypk.com.au/        
• Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors  👉  https://www.facebook.com/groups/passiveincomethroughproperty
• Watch No Nonsense Property Market Insights On Our YouTube Channel  👉https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta

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