The Unsalable: Think Again! Simon Loo's 8 Properties in 12 Months
Episode description
Simon Loo is the founder and director of buyers agency House Finder, and is a buyer’s agent himself. His property portfolio is now worth over $11 million, with $6 million in equity, affording him the ultimate goal of financial freedom. He has a wealth of knowledge to share about property investment in general, and while his main focus is on southeast Queensland, he also ventures further afield.
In this episode he explains how he pulled eight properties off his shelf that had been gathering dust and matched them with an investor he knew well. While purchasing properties at a rate of nearly one a month wasn’t exactly in his client’s plan, it was easily one of the best things he’d ever done for both himself and his tenants. In purchasing properties at 20% to 30% below market value, while one purchase may not make a large increase in an investor’s account, grabbing eight in one year certainly does!
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