Investing in real estate. Interview with Phil Almeida from Performance Property

Property investing can be challenging to navigate, but with the right data and advice, strong returns are possible.

I recently spoke with Phil, Director of Performance Property, a data-driven property firm helping clients build multi-million dollar portfolios.

In our conversation, Phil shared insights on:

• Using market data to make objective investment decisions. By tracking 40 indicators across residential, commercial and industrial sectors, Performance Property identifies opportunities and manages risk.
• Understanding the differences across property markets. While parts of the commercial office sector are struggling, Phil sees opportunity buying distressed assets like hospitality venues. Housing affordability issues and tight inventory levels also vary widely across Australian cities and regional areas.
• Avoiding common mistakes like over-improving a home at the expense of investing, buying house and land packages with little land value growth potential, or taking on overly-risky developments early on.
• Adapting to higher interest rates as the “new normal” and managing cashflow risks. Phil suggests diversification across geographies and property types is key.

Whether starting out or expanding an established portfolio, working with an experienced advisor can pay dividends.

To learn more about Performance Property’s approach and services, visit their website or reach out for a portfolio review.