After buying a property, generate income instead of waiting to sell. Rent it short-term on Airbnb, split it into two units, or hold it until you can develop it yourself. This offsets your upfront costs.
Understand, guys, if you're going to buy a property and you've got one lot of stamp duty and you've got all of those establishment costs and you're going to the trouble of styling a property and all that kind of stuff to sell, why not make a little bit of something, something else on the side? So I'm talking about perhaps increasing the rent by Airbnb-ing or dividing the property internally and creating a dual occupancy or doing something where there's more income if you're going to hold onto that property, hold that property until you're ready to do the development yourself if you so choose.
