Pizza and Property

← Pizza and Property11 okt · 21 min

EP 365: Undervalued Sydney Units - with Simon Loo & Todd Sloan

EP 365: Undervalued Sydney Units - with Simon Loo & Todd Sloan11 okt21 min

Get in touch with our amazing episode contributors & sponsors:

Simon Loo:

👉👉https://housefinder.com.au/

Rob Flux:

https://developernetwork.com.au

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https://investorplaybook.com.au/welcometoplaybook 👈🏼

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Sydney housing affordability is at its worst in over 30 years. So why is Simon Loo buying units there right now?

Todd heads out on the ground with Simon, founder of House Finder, across four Sydney suburbs: Merrylands, Lakemba, Cabramatta, and Auburn. What they find challenges the narrative: units that have barely moved in a decade, sitting in areas on the cusp of gentrification, with population growth surging and first home buyers starting to show up. Simon walks through real open homes, shares his negotiation tactics with selling agents, and breaks down the numbers that separate a cashflow-positive deal from a money pit.

From shared laundries and popcorn ceilings to strata traps and flood-zone insurance premiums, nothing is sugar-coated. The difference between a $400K and $500K purchase across three properties can mean the difference between negative cashflow of $795 a week or $291 a week. This episode is a must watch for anyone trying to read a market before everyone else catches on.

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