Ep. 012 - How Sovy Replaced Her Income Through Industrial Commercial Property Investing

In this episode, we have Sovy Lie, a former accountant who successfully transitioned to a lifestyle mum by strategically investing in industrial commercial properties.Sovy shares how she replaced her income with just two industrial properties, why she prefers industrial real estate over residential, and how having a big enough "WHY" became her first step to property investing success.She also talks about the criteria to look for when evaluating property deals and the secrets to getting automatic cash flow increases and capital growth.If you want to learn how to use commercial property as a vehicle to support your lifestyle and generate passive income, make sure to listen to this episode!-----SHOW NOTES LINKShttps://www.linkedin.com/in/sovylie/ https://www.linkedin.com/company/seelieshttps://www.facebook.com/profile.php?id=61558734180681&mibextid=LQQJ4dwww.seelies.com.auhttps://www.linkedin.com/in/sovylie/ -----LISTEN TO THE PODCASTSpotify: https://spoti.fi/3GhwAYM   YouTube: https://www.youtube.com/@YippeeFinance/videosApple Podcast: https://apple.co/3T1XHie  Amazon Music: https://amzn.to/3T1XLyu  Google Podcast: https://bit.ly/3T6siv7  -----FIND US HERE Facebook: https://facebook.com/YippeeFinance/ LinkedIn: https://www.linkedin.com/in/scott-yip-2163bb58 Instagram: https://www.instagram.com/yippee_finance/ TikTok: https://www.tiktok.com/@yippee.finance YouTube: https://www.yippeefinance.com.au/  -----CONTACT USPhone: 0426 94 77 33Email: [email protected]    -----TIME STAMPS:00:00 Intro02:36 Rapid Fire with Sovy04:53 Sovy's Journey Before Property Investment06:08 What Made Sovy Invest in Property08:15 Why Industrial Real Estate Stood Out to Sovy11:01 Steps Sovy Took to Grow Their Investment Portfolio18:11 Agent or Hired Help for Property Audits and Repairs?21:17 Average Vacancy Times for Industrial Properties29:06 The Green Flags in Industrial Property Assessment30:16 Breaking Down the Components of Your Investment Deal39:14 Strategies for Investing Without a Deposit40:54 Sovy Talks about Her Family45:58 Future Plans for Sovy and Their Family53:21 Outro-----DISCLAIMER The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.