Also Available On

For the latest episode of this bonus series of the property investing journey, Mike is joined by Jim Malamatinas, Founder and Director of A Game Property Advisory. As a licensed real estate agent with a background in property development, Jim is passionate about working with his clients to unlock the value in property, whether by finding their dream home or through strategic investing, and he sits down with Mike to share some of his secrets in this podcast.

Mike and Jim cover a lot of ground in this insightful conversation, kicking off with a discussion around the state of the market. Jim acknowledges the transition that property is going through and notes that it can be difficult to keep up with, even for  professional. He shares his thoughts on the major Australian capital cities and the impact of recent interest rate rises, and whether there is opportunity at the current time.

Touching on specific examples, Jim talks to the yields in various markets and explains why it’s so important to have a good understanding of your objectives and criteria before you get too far down the track of making a purchase. Jim and Mike also discuss the availability of bargains in the market and how to best go about finding them.

Turning their attention to property development, Mike and Jim delve into the specifics of due diligence and Jim shares his insights on what to look for in a development site. They also discuss what to do if you’re keen on getting into development but are confused about where to start.

This conversation is jam packed with crucial advice for every property investor, whether you’re just starting out or looking to hone your skills. It’s another episode you won’t want to miss.

Here at MCG, we are passionate about creating a forum and education series for property owners and investors. We do depreciation differently, and offer a set rate for Replacement Cost Estimate reports. A first in the industry. Join our clients saving more on their tax today  https://www.mcgqs.com.au/

Podcast Transcript

Mike is joined by Jim Malamatinas, Founder and Director of A Game Property Advisory. As a licensed real estate agent with a background in property development, Jim is passionate about working with his clients to unlock the value in property, whether by finding their dream home or through strategic investing, and he sits down with Mike to share some of his secrets in this podcast.

What we cover in this episode

  • Are there opportunities in the market?
  • How to create a tight plan
  • The current state of the market
  • Deciding and being clear on your property criteria
  • The briefing and onboarding process for new Buyers’ Agent clients
  • Manufacturing equity through property development
  • Knowing your investment objectives before you start the process
  • Jim’s tips for unlocking value

Quotes

“Melbourne and Sydney are probably taking the biggest hit and stabilised quicker than the rest of the country because we grew quicker, and Melbourne more so I would say over Sydney given it’s a lot more affordable to buy here” Jim 2:08

“I’ve got investment buyers on the books about around at 600 mark and I think there’s going to be that sweet spot, it’s all based on your objectives at the end of the day, your strategic plan, and your ultimate objectives” Jim 4:04

“They’re the kinds of things where we didn’t compromise on the requirements, we were just the first and only to see it so it was an off market opportunity, we moved very quickly and we were able to create a win-win situation where we got a good price but we also offered a really good settlement which worked for the vendor “ Jim 7:13

“It’s a great time given the market that we’re in and if property development’s on their radar but they’re not quite sure what to do…just speak to an expert, either a buyer’s advocate in your state, real estate agents, architects, even calling the council” Jim 16:20

Links mentioned

https://www.linkedin.com/in/jim-malamatinas-59998721/

https://www.agameadvisory.com.au/

Enjoying the Show? Let us know!

Are you a fan of The Geared for Growth podcast? If the ideas and tips we share in each episode are inspiring you to become a more knowledgeable property investor, subscribe to the show and leave your honest review to let us know!

Leave A Comment