Simon Loo is the founder and director of buyers agency House Finder, and is a buyer’s agent himself. His property portfolio is now worth over $11 million, with $6 million in equity, affording him the ultimate goal of financial freedom. He has a wealth of knowledge to share about property investment in general, and while his main focus is on southeast Queensland, he also ventures further afield.
In this episode he takes us to Port Kennedy in Western Australia, where his client, an experienced investor, got slightly more than they bargained for— in more ways than one! This property was a diamond in the glittering Indian Ocean that it overlooks, and the investor was able to rent it at 20% more than expected. However, as Loo is keen to point out, while it’s important to remember that property investment is a business, there’s a fine line that every landlord needs to draw in the sand.
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