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Top broker discusses his own property portfolio

James Mitchell 2 minute read

Ever wondered how brokers build their own investment property portfolios? Hank Hong explains how he balances broking with a growing real estate collection.

Hank Hong buys property in all different ways – by himself, with family members and with financial backers to create small developments – and he has lots of lessons to offer other investors.

On a recent episode of The Smart Property Investment Show podcast, Hank tells hosts Phil Tarrant and Vivienne Kelly why he invests in all kinds of different structures and how this benefits his ultimate wealth creation goals.

He also puts his mortgage broking hat on and gives investors some hot tips on interest rates, fixed loans, co-investing and how to build wealth through borrowing money.

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Hank ‘The Bank’ Hong, as he’s known in the industry, is a broker with Sydney-based brokerage Home Loan Experts – one of the Top 25 Brokerages of 2016. For the second year in a row, Home Loan Experts has won the ‘Best Customer Service – Office’ category in the 2016 The Adviser/NAB Broker Better Business Awards, a recognition of the quality customer care we provided over 2015.

Are you an award-winning broker with a story to tell? Is your business a cut above the rest? SUBMISSIONS ARE NOW OPEN for both individual and group categories across each state jurisdiction. Awards include:

  • Best Aggregator BDM
  • Best Commercial Broker
  • Best Finance Broker
  • Best Lender BDM
  • Best Regional Broker
  • Best Branded Office
  • Best Independent Office
  • Best Community Engagement Program
  • Best Regional Office

Participation in the Better Business Awards is open to all brokers and brokerages, regardless of whether they are aligned with a brokerage, aggregator, lender or industry association.

The awards will be hosted as a dinner in each state, following the conclusion of the award-winning Better Business Summit, which delivers practical business tools, training and business intelligence to help brokers build a more productive and profitable business.

Enter yourself or nominate someone for a Better Business Award 2017.

Top broker discusses his own property portfolio
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James Mitchell

James Mitchell

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.

 

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