Mar 21, 2014
Mark spoke with Matt Gilligan of Gilligan Rowe & Associates fame this week. They spoke for so long and about such a wide range of topics that a single podcast would be too long for any commute so we're splitting this interview into two.
In part one Matt speaks about the exposure developers and investors take on and gives some examples of "interesting" situations he found himself in with large developments in the past. He then speaks about the crucial importance of setting up your structures before you invest, literally "preparing to fail"
Lastly Matt talks a bit about the situations he looks for with distressed sellers when he is buying for himself and gives his take on "flipping" vs a more traditional buy-and-hold strategy.
Have a listen, Matt has a wealth of experience and we are sure investors at every level will find some nuggets to take away from this interview.
Part two will be published next week.
Happy listening!
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Disclaimer: Property Ventures Real Estate Limited is a Licensed Agent under the REAA 2008. The New Zealand Property Podcast does not purport to be comprehensive nor to provide specific advice. Any opinions expressed in this podcast may not match the opinion of Property Ventures Real Estate. No person should act in reliance on any statement made within this podcast without first obtaining professional advice.