The Lone Drainer And Pronto Coronavirus Diaries D’Ettore Real Estate #2 Negative Gearing

In this edition of The Lone Drainer And Pronto Coronavirus Diaries, I speak with Dom D’Ettorre, principal of D’Ettorre Real Estate in Woollahra Sydney about how his negatively geared owners are being affected.
Investors have bought properties as AirBnB sites and now as travel is severely restricted the owners have to adjust quickly to manage the finance on their properties.
Some properties may be vacant for 6-12 weeks
Mum and dad investors who thought “I’m going to buy an investment property and borrowed 90% and now lost their job..it’s going to hurt”
Listen and learn from Dom’s experience


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