EP 126 Scar tissue, simplicity, and taking calculated risks

Can you explain your investment strategy to a five-year-old? In this episode, Smart Property Investment’s Phil Tarrant sits down with Right Property Group power duo Victor and Reshmi Kumar to stress the importance of simplicity in one’s strategy. The Kumars talk through the value of “trying to make it fail” when it comes to purchase stress-testing, how they keep their strategy on course, why investors must be comfortable with being uncomfortable, and when to take calculated risks. They also emphasise the importance of accumulating scar tissue by having skin in the game – how you can teach the theory but you can’t teach experience.