Amit Aggarwal is an accountant, mortgage broker, and property investor. Based in Melbourne, Amit has purchased three properties in the last 12 months, creating wealth for himself and his family. In this podcast conversation of Property Uncovered, he chats with Sanjeev about the key role of education when investing in property, why he decided to keep his property investments under different names, or how to ignore the short-term noise.

— TIMESTAMPS —

(00:00) Intro

(00:51) Amid’s background and his decision to invest in property

(06:11) Lack of education leads to fear

(11:10) The importance of setting the foundations right

(15:26) Understanding your options and their possible outcomes

(17:49) Playing the long-term game

(23:23) Choosing to use a buyer’s agent

(27:20) Amit’s mindset in the current volatile market

(30:47) Where we can find Amit

— QUOTES —

– “If you have a dollar, the bank can give you up to nine dollars to invest. Understanding those numbers being an accountant made sense to me. There’s no other asset class that you can leverage to that point.”

– “Once I understood the big picture game, events come and go. They do have an impact, but on a long-term strategy… these things will play out and get washed eventually.”

– “Fundamentally it’s buyers and sellers that define the market in the long run. Fear and greed kick in will define the nature of the market in the short term but overall I don’t believe these things have long-term ramifications for the market.”

– “No good investment will keep on going in one direction for the rest of your life. It is cyclic and it will remain cyclic.”

— CONNECT WITH AMIT —

— CONNECT WITH SANJEEV —

— FOLLOW INVESTORS DREAM —