WBP Property Group Greville Pabst's biggest failure

What has been your biggest investment mistake?

Over the years I’ve bought and sold many investment properties but my biggest investment mistake has been selling the best performing ones. While selling these properties facilitated life changes, including the funding of my current home, and investment in other areas, I recognise the importance of holding great performing property.

Another area in which I have met with difficulties is co-investing – that is, pooling funds with another party to purchase real estate. This can provide difficult for long-term investments due to changes in individual priorities and circumstances, which may provide pressure regarding the timing of a renovation or sale, among other things.

Read more of this interview here.

news@propertyobserver.com.au

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