All Topics / Help Needed! / Biggest hurdles/problems looking back??

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  • Profile photo of JustinmGJustinmG
    Participant
    @justinmg
    Join Date: 2020
    Post Count: 0

    Hey guys,

    I would love to hear from anyone that has purchased 20+ properties, and what their biggest hurdles were on their journey starting out. I’m hoping to avoid common unforeseen mistakes.

    Justin

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    G’day Justin,

    Biggest hurdles?

    If you want to own that many properties you’ll need to get your structuring and finance sorted, or else you will reach a glass ceiling pretty quickly and not be able to keep buying. Of course, you’ll need your own capital for deposits too.

    Here’s a conundrum: You’ll be unlikely to acquire that kind of property portfolio with a full time job, but you’ll most likely need a full time job to get finance.

    Bye,

    – Steve

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

Viewing 2 posts - 1 through 2 (of 2 total)

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