3 Property Portfolio starting on $65k! episode artwork

EPISODE · Feb 19, 2023 · 50 MIN

3 Property Portfolio starting on $65k!

from Scouting Australia Podcast · host Australian Property Scout

We've got an inspiring property investor story for your Monday blues. Today we have another young Australian Property Scout client Liam. Learn how this shares-investor bought his first property at 24 and chooses to invest in property. Starting in a very uncertain market and building a tactical portfolio consisting of 3 properties (and growing).   We learn what keeps Liam moving forward so aggressively with all the ups and downs he has endured. Such as dealing with lenders stalling his journey, serviceability caps, understanding markets in different states, and "trusting in the process".    There's a lot to chew through in this meaty episode and we'd like to hear your thoughts and questions on it.    Why this share market investor chooses to invest in property - [3:20] How Liam found APS [6:00] The reality of saving the first deposit - [8:30] Deal #1 - [9:00] 'Circle of Influence' magic - [13:00] Identifying lenders - [17:00] Deal #2 - [19:50] How did we use the equity? - The build - The rents The reality of the purchase - [24:00] Deal #3 - [26:40] - You had how much equity?! What is the game plan - [31:20] - The serviceability wall - What HECS debt is actually doing to Liam. The first sold property! - [32:50] - When the APS strategies come into play - You had how much growth?! - Finding the right sales agent Banking your profit - [38:00] - The tax - The reality of what you could do The levers you can pull when you follow an APS strategy - [42:00] What's Liam's end goal? - [45:20] - The snowball effect - The long-term What advice would Liam give from his journey to date? - [46:15] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at [email protected] Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Episode metadata supplied by the publisher feed · Published Feb 19, 2023

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3 Property Portfolio starting on $65k!

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