How this Investor Plays Monopoly in Real Life - Gameplan to Build Your Portfolio
Michael was recently invited by Jef Miles and Joe Tucker to discuss his journey, strategy and property investing tips on the AUS Property Investor Facebook Groups Live.
Some of the key points covered in this sessions:
It is vital or has been vital in Michael's investing journey to consider what he needs most for his portfolio [cash flow or equity / deposit]. These will rarely be in balance
Planning out your lenders and loan types is vital for maximising your borrowing capacity down the track
Focus more on finding a great deal in the area [becoming an area expert, which we mention a lot] rather than being obsessed about the next "hotspot"
