After buying 40 properties – here’s how I’ve changed…

What strategy is right for me right now?

I recently spoke at a seminar in Christchurch. After, a pair of 21-year olds came up for a chat. They were about to graduate from university and wanted to invest. 

They asked if they should buy a New Build through my company. I said “no”. They were too young for that. I told them to look at flipping. That’s probably a better fit for their life stage. 

But, it can go the other way too. Some investors start with build-and-hold, then shift into renovations later on in life. One of the investors I worked with started out in New Builds. As he grew his wealth and knowledge, he moved into property development. 

If I were 20 again with a bit of money to invest I’d buy a house, move in,…

Source link