Debunking property investment myths: Real path to success
In this episode of The Smart Property Investment Show, host Phil Tarrant and Lachlan Vidler from Atlas Property Group delve into the complexities of scaling a property portfolio, highlighting the practical realities and challenges investors encounter in today’s market.
The duo starts by debunking the myth of quick wealth in property investment, as most investors won’t retire on cash flow alone, emphasising the importance of equity and long-term strategic planning.
According to Lachlan and Phil, the current market conditions have reignited the market, creating a sense of urgency among investors, with Lachlan stressing that equity, rather than cash flow, is key for long-term property investment success.
The duo discusses the challenges of scaling a portfolio even on a $250,000 income due to serviceability limits, highlighting that using trust structures to bypass these limits is not as straightforward as it may seem.
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