Old Property vs New Property (Facts and Figures Revealed)

[@YannisShaw]

Got to give yourself the best chance... Great video and update.

[@Scott-Kuru]

Thank you !

[@jyattard1081]

Comparing apples and oranges, but I understand why you made the video. Most people don't understand they're different assets for different portfolio purposes

[@OxfordperformancecentreAu]

Great video Scott!

[@Scott-Kuru]

Thank you

[@kelscharmers11]

Another great update thank you

[@Scott-Kuru]

Appreciated

[@petespike5000]

I doubt whether people would spend 22k a year on maintenance. Older houses offer a better structural home most are in hardwood and in some cases red cedar as appose to cheap pine, unless you get a steel frame home. Interest on a higher priced property needs to be taken in account with your investment. A lot of older properties have better infrastructure, most are close to hospitals, schools, train lines and shopping centers which makes them easier to sell.

[@Scott-Kuru]

Hi Pete, the studies and evidence are clear, yes you may not need to spend 22k year in year out for 15 years, but there can be years where it will be very high and then years when it is low, having spoken with hundreds of investors and served thousands, older homes are basically renovation projects waiting to happen.

[@onestepahead1857]

Just buy Bitcoin and held it for a minimum 4 years. It’ll leave real estate 🏡 in the DUST!

[@chookie131]

Bro are you a developer or do you work cor one ?

[@Scott-Kuru]

Regardless facts are facts. Can you see the wiser smarter choice in most cases or nah ?

[@chookie131]

@ that’s not answering my question now is it…. Are you a developer?

[@chookie131]

@ And yes as investor myself I see a multitude of better choices than house and land packages. I hope you disclose to all your clients exactly what your cut is with every sale. Can you also explain the source of your graph in your video? Your ‘facts’ as you put it…..

[@Scott-Kuru]

@@chookie131all charts are referenced. I’m happy to map my portfolio growth versus yours and we can see who selects the best properties. Regarding what I do for business it’s all on my profile or just google search my name.

[@chookie131]

@@Scott-Kuru ok cool. You are a developer. I will never buy house and land package. Investor ALWAYS overpays…. When ever I hear ‘growth corridor’ ‘this will boom’ ‘garenteed rent’ I run a mile. I would Never buy for deprecation benefits. Terrible strategy. My portfolio has grown 250% in 3 years. All neutral geared in established suburbs over 3 different states. Good luck to your clients. I’m Glad you mentioned you fully disclose what the developer (yourself) makes. That’s important information one needs to know.

[@Jarryfromwagga]

Cracka vid!

[@Scott-Kuru]

Thanks !!