Dec 08 2024 44 mins
“The major mistake most people make, especially when they're starting out, is the herd mentality. So they're investing where everyone else is investing, rather than taking their own circumstances into account. So that's the biggest mistake - having that herd mentality and using social media as your guru to invest.” - Victor Kumar
Episode Takeaways:
✅Victor Kumar's journey from migrant to property mogul underscores the importance of resilience and strategic adaptability in achieving investment success.
✅Learning from challenges and opportunities plays a critical role in strategically growing a substantial property portfolio.
✅Maintaining a balance between investment objectives and lifestyle ensures both financial success and personal fulfillment.
Meet Victor Kumar
Victor Kumar is a property investor and director at Right Property Group who migrated to Australia from Fiji in 1997 with just $4,500. Transitioning from a career as a radiographer, he built a multi-million-dollar property portfolio and founded Right Property Group to help others achieve financial success through property investment. Known for his adaptive strategies and practical insights, Victor continues to guide investors with expertise shaped by personal experience and market knowledge.
Meet The Property Twins
The Property Twins, Sana and Mona Ali, are identical twins from Sydney who began investing in real estate at 24, building a $5 million portfolio before turning 30. Driven by a lifelong passion for property, they left corporate roles in 2017 to establish Property Twins, a mortgage broking and buyers agency practice. Their mission is to help Australian professionals achieve home ownership and build wealth through property investments.
DISCLAIMER: No Legal, Financial & Taxation Advice
Property Addicts Australia podcast contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. Past performance is not a reliable indicator of future performance. The projections are for illustrative purposes only and are not an estimate of the investment returns you will receive or fees and costs you will incur.