A Tradie’s Journey: From Property Flipping to Holding for Long-Term Gains | #286

17/12/2024 43 min Temporada 1 Episodio 286
A Tradie’s Journey: From Property Flipping to Holding for Long-Term Gains | #286

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Episode Synopsis

Is flipping properties the secret to building wealth? Or is the buy-and-hold strategy the key to long-term success? Mathew Russo thinks he has the answer. A seasoned builder turned property investor, Mat started with renovations and flips, leveraging his construction background to chase big profits. The returns were rewarding, but the 24-hour workdays and constant hustle? Not so much. When their family grew, Mat and his wife knew they had to shift gears. With Dashdot’s help, they adopted a buy-and-hold strategy, securing a property in Bunbury, WA, that gained over $100K in equity within a year.  Now, Mat’s growing his portfolio while balancing family dinners, running a business, and keeping his sanity intact. So, if you’ve been wondering whether flipping or holding is the better path to financial freedom, Mat’s hard-earned insights are a must-hear. If you love this episode, email us at [email protected], and don’t forget to subscribe, rate, and share this podcast!  See you on the inside!    In this episode, we cover: 00:00 Coming Up 01:08  Introduction to Matt Russo and Property Strategy   03:04  Building and Renovation Experience   05:06  Comparing Flipping and Buy and Hold Strategies   12:53 Balancing Family and Property Investment   18:06 Adapting to Market Conditions   25:55 Risk Management and Long-Term Goals   Connect With Us: Free Rentvesting Calculator (https://dashdot.com.au/rentvesting)  Subscribe on Youtube (https://youtu.be/qu3dEr1WRQs)  Listen on Spotify (https://open.spotify.com/episode/2DlWgZlAkkugEzGX8Yc9R6?si=207b77636bff4f34)  Dashdot Website (https://theinvestorlab.com.au/?p=3923) Ready to work with us directly? (https://dashdot.com.au/discovery) Get your Property Portfolio Growth Plan (https://dashdot.com.au/portfoliogrowthplan) See omnystudio.com/listener for privacy information.

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