PROPERTY INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Developing your expertise – key to a long-term financial success
On this episode of Property Investing Insights with Right Property Group, Victor and Reshmi Kumar sit down with Phil Tarrant to analyse the impact of negative gearing reforms on the property market and how investors can build their knowledge base to develop a long-term financial plan.
Particularly, the podcast looks at unintended consequences of tax reforms, including the adverse impacts observed when negative gearing was abolished under Paul Keating, resulting in a 20 per cent spike on rents.
The episode then examines the structural, financial and psychological barriers faced by investors.
The trio also discuss the need for investors to expand their knowledge base, including through the Right Property Group’s “Right on Track events”, to network with other investors and ensure that they continue to align acquisition with strategic consolidation.