{"id":4067,"date":"2015-04-15T01:00:57","date_gmt":"2015-04-14T15:00:57","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=4067"},"modified":"2015-04-15T01:00:57","modified_gmt":"2015-04-14T15:00:57","slug":"supercharge-your-portfolio-growth","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/supercharge-your-portfolio-growth\/","title":{"rendered":"Supercharge your portfolio growth"},"content":{"rendered":"<p>&nbsp;<br \/>\n<b>Frank Valentic<\/b>, who\u2019s a judge in the current series of the Block and a managing director of the\u00a0<a href=\"http:\/\/advantageproperty.com.au\" target=\"_blank\" rel=\"noopener noreferrer\">Advantage Property Consulting<\/a>, tells us about fast-tracking a portfolio and gives us some \u201csuper charge ideas\u201d to manufacture growth.<br \/>\n&nbsp;<\/p>\n<h4>Transcript:<\/h4>\n<p><b>Kevin<\/b>:\u00a0 I\u2019m delighted to be able to introduce him to you my next guest, Frank Valentic, who you may know from <i>The Block<\/i>. Frank has been a regular on <i>The Block<\/i> and, in fact, is one of the judges on the current series of <i>The Block<\/i>.<br \/>\nFrank is a founder of Advantage Property Consulting. They are buyer\u2019s agents and are very well known. He has built a great portfolio over the years, too, and has been involved in the industry for 15 years.<br \/>\nFrank, great to have you on the show. Thanks for your time.<br \/>\n<b>Frank<\/b>:\u00a0 Thanks, Kevin. Looking forward to chatting to you and hopefully, giving some tips out to the listeners.<br \/>\n<b>Kevin<\/b>:\u00a0 Yes. Obviously, you bring a wealth of knowledge to the table. I thank you for that. Tell me a little bit about your own portfolio. How long have you been working on that?<br \/>\n<b>Frank<\/b>:\u00a0 Twenty years, Kevin, so it\u2019s been a while. They say Rome wasn\u2019t built in a day, and usually, a portfolio is a long-term strategy.<br \/>\nI\u2019ve bought investment properties and built a portfolio. I have probably bought over 50 in the last 20 years, and currently, have a portfolio of around 20. I\u2019m continuing to try and grow that portfolio and doing some cash flow, selling, and developments as well.<br \/>\n<b>Kevin<\/b>:\u00a0 Obviously, you\u2019ll be able to give us a few great tips on building that portfolio, which we\u2019ll talk about in just a moment, but your business, Advantage Property Consulting, has taken the Real Estate Institute of Australia\u2019s buyer\u2019s agent of the year title, as well.<br \/>\n<b>Frank<\/b>:\u00a0 Yeah. We\u2019ve done that a few times in the Victorian awards. We\u2019re proud of that. We\u2019re probably up to about 3000 client purchases over the 15 years that we\u2019ve been operating. We\u2019ve seen what works and what doesn\u2019t work with an investment portfolio.<br \/>\nWe currently look after rental properties, as well. We have our own property management division, which gives us first-hand insight into what tenants like and what works as an investment property.<br \/>\n<b>Kevin<\/b>:\u00a0 Well, help me now. How can we go about building a good, solid portfolio over a period of time, or how fast can you do it?<br \/>\n<b>Frank<\/b>:\u00a0 I think, Kevin, the first thing is looking at ways you can \u2013 I call it \u2013 supercharge your portfolio and fast-track it and rather than just waiting for capital growth, where we\u2019re trying to manufacture growth from day one.<br \/>\nThere are a number of strategies we use there. One of them is we go out and we buy whole blocks of units for our investors. I\u2019m involved in that. We try to buy under market value and create equity, because you\u2019re making money when you\u2019re buying well. That\u2019s one really successful strategy that works for us.<br \/>\nWe\u2019re trying to go out there and not buy one property in the marketplace but buy for a syndicate of investors and hopefully create that instant equity by purchasing under market value.<br \/>\n<b>Kevin<\/b>:\u00a0 Are those properties hard to find?<br \/>\n<b>Frank<\/b>:\u00a0 Well, they are. You have to try and find a whole block of units that\u2019s owned by one owner or owned by a couple of owners who are family members. But we\u2019ve bought over 130 of those in the last four years. It\u2019s a strategy that can work really well.<br \/>\nI tend to find that a lot of people, when they\u2019re buying, might pay above market value \u2013they\u2019re buying retail \u2013 so if you can develop a strategy where you can buy with family and friends and be able to purchase a whole group of units, you should get a discount when you\u2019re buying over $1 million.<br \/>\nOnly 8% of the market generally buys over that level, and a small percentage invests in one property or one group of properties at that level rather than the 80% who generally invest at the median price in each capital city.<br \/>\n<b>Kevin<\/b>:\u00a0 Asset selection, too, is pretty critical, isn\u2019t it, in putting together a good portfolio, knowing what to buy? Could you tell me a little bit about that?<br \/>\n<b>Frank<\/b>:\u00a0 Yes. We\u2019re always looking for properties that we can buy that have a bit of a twist, using the Michael Yardney phenomenon there. He talks about that. So properties there that give us an opportunity to add value. Typically, they are older style properties that have a value-add potential there that we can add value with either renovations or subdivisions or also through developing them and maximizing the use of that land value.<br \/>\nIt\u2019s really about properties that are able to be twisted, added value to, and creating a bit of equity there, so if you spend money on a renovation, then you\u2019re increasing the property\u2019s value generally by double the value of that renovation \u2013 again, fast-tracking and supercharging your portfolio and getting to your end goals quicker.<br \/>\n<b>Kevin<\/b>:\u00a0 Frank, there are so many things I want to talk to you about. We\u2019ll get you back in a future show, as well. But thank you so much for giving us your time today.<br \/>\nMy guest has been Frank Valentic who is the founder of Advantage Property Consulting, and you can see him, of course, on <i>The Block<\/i>, as well. We didn\u2019t even get a chance to talk about that. Maybe next time, Frank.<br \/>\n<b>Frank<\/b>:\u00a0 We will, no doubt. People will hopefully see us on the show giving some advice to the contestants on what buyers are looking for.<br \/>\n<b>Kevin<\/b>:\u00a0 Good on you, mate. Thank you for joining us today, and we look forward to catching up again soon. Thanks, mate.<br \/>\n<b>Frank<\/b>:\u00a0 No worries. Cheers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Frank Valentic, who\u2019s a judge in the current series of the Block and a managing director of the\u00a0Advantage Property Consulting, tells us about fast-tracking a portfolio and gives us some \u201csuper charge ideas\u201d to manufacture growth. &nbsp; Transcript: Kevin:\u00a0 I\u2019m delighted to be able&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":4190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,25],"tags":[101],"class_list":["post-4067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-sponsored-channels","tag-podcast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Supercharge your portfolio growth - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/supercharge-your-portfolio-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supercharge your portfolio growth - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Frank Valentic, who\u2019s a judge in the current series of the Block and a managing director of the\u00a0Advantage Property Consulting, tells us about fast-tracking a portfolio and gives us some \u201csuper charge ideas\u201d to manufacture growth. &nbsp; Transcript: Kevin:\u00a0 I\u2019m delighted to be able...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/supercharge-your-portfolio-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-14T15:00:57+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"Supercharge your portfolio growth\",\"datePublished\":\"2015-04-14T15:00:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/\"},\"wordCount\":1001,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"podcast\"],\"articleSection\":[\"Kevin Turner\",\"Sponsored Channels\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/\",\"name\":\"Supercharge your portfolio growth - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2015-04-14T15:00:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/supercharge-your-portfolio-growth\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Supercharge your portfolio growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. 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