The Property Academy Podcast "I worked in property for 17 years, here's what I learned" ⎥ Ep. 1879
Nov 2, 2024
In this discussion, Will Alexander, a property management director at Bayleys with 17 years of experience, shares valuable insights from his journey, which began after a career-ending cycling crash. He reflects on lessons learned from his mother, a former CEO, and delves into strategies for increasing property value through renovations like landscaping and decking. Will also addresses regulatory changes impacting the market and recounts stories from his management career, including extreme situations that have shaped his approach to property investment.
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Grew Up Inside Property
- Will grew up around property, moved 25 times and learned through family discussions and exposure.
- He transitioned from aspiring pro cyclist and engineer into property after a crash and a property management job offer from his mother.
Seeded Portfolio From $10K Inheritance
- Will used a $10,000 inheritance to buy an off-plan apartment and flipped it on paper into a $50,000 gain.
- He reinvested gains into further properties, using early small deposits to build his portfolio.
Tenant Ate Building Materials
- Will once handled a tribunal case where a tenant's daughter was eating building materials like gyprock and wool.
- The behaviour was linked to a mental health disorder and required sensitive, practical handling.