Cate and Mike have enjoyed a friendship peppered with data analyses, budget night catch ups, the odd white wine over lunch, and a mutual love of the property industry. Mike is a regular guest on The Property Diaries, and since his 1000 Assets Study white paper, this clever fella has launched an index that complements any investor’s tool kit.
“The MCG Quantity Surveyors Rental Loss Index highlights the top 10 suburbs in Australia, ranked by rental losses due to rental vacancies. The index uses total rental listings greater than 21 days for the suburb, multiplied by the suburbs aggregated median rent to provide a total rental lost index per suburb.”
In this interview, Cate interviews Mike about the index, how it was initiated, and what he’s learnt along the way since it’s launch.
The MCG Rental Loss Index promises to be one another valuable piece of every investor’s jigsaw puzzle when it comes to accurate due diligence.
We’re very proud to be able to call Mike and Marty friends of Cate Bakos Property, and more so, a knowledgable pair who freely give so much gold to our property industry.
We hope you enjoy!