Diversification in property investing with Lachlan Vidler – BONUS SERIES Ep.21

In Episode 21 of the Property Investing Journey, Mike is joined by Lachlan Vidler, Director of Atlas Property Group and co-author of  ‘A Military Guide to Property Investing’, to discuss the benefits of diversifying your property portfolio and why it’s important to look further afield than your local area.

With a military background formed by 6 years in the Australian Navy, Lachlan applies the discipline and strategy he mastered, to his own investments as well as those of his clients. As a Finalist of the 2022 REB (Real Estate Business) Awards in the two categories of Buyers Agent of the Year and Rising Star, Lachlan’s approach is lauded by his peers and well regarded in the industry.

In this conversation, Mike and Lachlan focus their discussion on the need for diversification in property investing and review the myriad of ways in which a healthy investment portfolio can be achieved. Whether it be by varying the location, moving into the commercial sector, or expanding into listed property funds, the risk mitigation that comes from a mixture of assets is of critical importance.

Using simple logic and straightforward language, this podcast is essential listening for any investor considering their current portfolio and seeking out their next investment, or indeed for anyone wanting the further their own property knowledge.

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In this conversation, Mike and Lachlan focus their discussion on the need for diversification in property investing and review the myriad of ways in which a healthy investment portfolio can be achieved. Whether it be by varying the location, moving into the commercial sector, or expanding into listed property funds, the risk mitigation that comes from a mixture of assets is of critical importance.

• Why your property plan needs to include diversification
• The downfall of buying in your local area
• The likely disadvantage of investing in the top end of town
• The nexus between the economic cycle and employment types
• The various ways to diversify in property
• Examples of commercial property and property funds
• Lachlan’s top tips for diversification

“I think (diversification) is honestly one of the most important things that an investor needs to think about and implement, and I also think it’s one of those things that most don’t, and whether it’s from a lack of knowledge or experience on it, or just because they don’t necessarily realise the power and importance of it, there’s lots of reasons why it doesn’t happen but I think it’s one thing everybody should do“ Lachlan  2:00

“People have the local knowledge, they know where the good cafes are, they know things like that, and that’s great, and it does play a part…but ultimately there are a million things that play a bigger impact if you’re going to have a good return from that asset  “ Lachlan 5:16

“Having so much in one area, I mean think about it, if something’s going wrong in that area, it’s just not prosperous, your whole net worth is tied to it, to me it’s crazy” Lachlan 7:42

“You find that with the top end of town, when times are good, times are good, but when times are bad, they can be really bad, because cash isn’t as available, people aren’t as willing to spend money“ Lachlan 9:49

“There’s lot of different ways an investor who wants to be exposed to property can do it, it’s just about looking back at your circumstances and working out what might be best“ Lachlan 14:12

 

Links mentioned

https://gearedforgrowth.com.au/podcasts/episode-99-lachlan-vidler/

https://atlaspropertygroup.com.au/shop/a-military-guide-to-property-investing/

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