6 Things School Should've Taught You About Property Investing

Book a Free Strategy Call with Joel → https://calendly.com/joel-tomii/client-meetingWhat are the six things school should have taught you about property investing and money?Joel and Brodie break down the financial and property lessons they wish they had learned before entering the real world. From inflation and making your money work for you, to saving a deposit, understanding finance and leverage, identifying good versus bad investments, and learning how to negotiate, this episode covers the foundations every tradie should understand before building aproperty portfolio.Why tradies need to watch this:• Understand why simply saving money isn't enough to build wealth.• Learn how inflation affects your cash and property prices.• Discover why property investing is a game of finance and leverage.• Learn how to distinguish a good investment from a bad one.• Pick up practical negotiation strategies that can save you thousands.• Understand why your first property needs to help you build your next one.• Hear the lessons Joel and Brodie wish they had learned at school.Timestamps0:00 – The six things school should have taught you1:00 – #1 Make your money work for you5:00 – How inflation affects your wealth7:55 – Why school doesn't teach financial skills9:55 – #2 Property investing is a game of finance12:23 – Why you need the right team13:14 – #3 Understanding leverage15:00 – How leverage accelerates property investing16:47 – Good debt vs bad debt17:00 – #4 Good vs bad investment property18:45 – Why market timing matters21:00 – Why your first property needs to help you grow21:57 – #5 Learning how to negotiate25:00 – Real negotiation examples27:00 – The 24-hour offer strategy29:00 – Men's Finance Questions30:48 – What would you do with a $500K interest-free loan?32:35 – How to scale the strategy33:31 – Rapid Fire: what would you teach your younger self?34:12 – The biggest mistake tradies make34:40 – Skill vs luck in property investing35:33 – The first property skill to learn36:56 – What's the next level after the foundations?38:18 – How long does it take to master these skills?39:30 – One skill they'd add: tenant selection40:25 – Outro