Episode 27: Pivoting to a positively geared philosophy
In this episode of Inside Commercial Property, co-hosts Phil Tarrant and Scott O’Neill sit down with an investor who’s relatively new to the space — and already seeing material gains from the move away from resi.
Paloma is a Brisbane-based medical professional who was comfortable being negatively geared across a number of properties, but in December last year, she took a plunge into the commercial space, encouraged by the kinds of figures she was seeing — and the sensibility that accompanied the data.
Having bought into a West Australian commercial property with three sturdy tenants and a Brisbane cold storage facility, the trio unpack the factors that are already driving a strong return on investment for Paloma as she looks to generate income away from her day job and continue on her commercial property journey.
What you'll Learn
– The implications of the Reserve Bank of Australia’s 50-basis point cash rate
– The importance of extensive research and resolute decision making
– The power of due diligence
Resources
– The Smart Property Investment network, produced by Phil Tarrant
– How much cash is required for a commercial property purchase?, from Rethink Investing
– Property Investment Calculator from Rethink Investing