Building a moat: How to defend your property against adverse effects
By Maja Garaca Djurdjevic
18 December 2020
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1 minute read
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A successful property portfolio is one that is not reliant on you, as the investor, to dictate its performance, a property guru has said.
The ultimate goal for a property investor is to have a property that is neutrally or positively geared, and in demand from tenants, so that it is able to ward off negative scenarios seen throughout 2020, Pure Property Investment’s Paul Glossop said on a recent episode of The Smart Property Investment Show.
“What stops a market from growing? Typically, it’s going to be things like more expensive money, additional supply. And if those two things alone happen to a property and you don’t have a good answer to say what happens when these things happen...