Insights and Tips on Real Estate Investment with John Foong

In this episode of the Super Entrepreneurs podcast, John Foong shares his insights on the current real estate market and offers tips for investors. He discusses the changing landscape for distressed properties and emphasizes the importance of leveraging scarcity and long-term investment strategies. Find out more… John also highlights the value of practical experience and continuous learning in the investment journey.   Who Is John Foong? John Foong is the Chief Revenue Officer at Domain, a leading real estate listing platform in Australia. He has an extensive background in sales, having worked for companies like Google and Uber. John started his career in property investment early, following in his parents' footsteps, and has continued to develop his property investment portfolio while pursuing other opportunities. How is John Foong Super? John derives his superpower from being a good student treating people with care and fairness.   Shahid’s Key Insight Shahid encourages investors to go through the stress test and loops involved in property investment, make wise investments in areas they understand, and leverage their borrowing capacity to increase their investment opportunities.   Chapter Stamps:   00:00 Introductions: Real-Estate Investor 01:04 A day in John’s life investing in properties 02:20 How to scout for properties to invest in 07:00 Reasons for selling or buying a house 09:45 Tips for real-estate investment 12:30 Good tip for property ownership/investment 15:15 Making wise investment 17:01 John’s Innermost superpower: being a good student 19:22 Read books that will help you in life 23:00 Warren Buffet’s valuable advice 25:40 Final words   Pullout quotes: “It’s not timing the market, it’s time in the market.” “I hate the idea of screwing someone else. I hate the idea of not having a fair outcome, even if it means that I lose. And that sometimes means that I lose and that's okay.”         Socials: LinkedIn: https://www.linkedin.com/in/johnfoong/?originalSubdomain=au Domain: https://www.domain.com.au/group/about-us/our-people/     ----more---- Notice to the Super Entrepreneurs community: I invite you to join my webinar on how to scale your business and improve the quality of your life, without constantly chasing strategies and feeling stuck. If you feel like you need to progress, this webinar might just give you the direction you need. www.shahiddurrani.com