14: Real Estate Investing Advice: 1-5 Properties

A deep dive into real estate investing with the host of the Australian Property Podcast, Jonathon Preston. At age 29, JP has already acquired 5 properties in Australia’s hot Real Estate market and is mastering the art of financial leveraging to continue to grow his portfolio. He started with a single 15% down payment on a single property and in only 4 years has been able to use that to scale and generate more and more cash flow. We dissect his strategy in actionable steps for anyone to take and explore fundamentals of real estate investments including yields, applying for loans, property rights, cash flows, and market intelligence. JP’s story follows the steps outline in one of our favourite books Rich Dad, Poor Dad and is proof that with good execution you can start in real estate from just about nothing and grow your wealth fast. Relevant links for guest: JP on LinkedIn The Australian Property Podcast Where are we: JP – Sydney Sam – Singapore  Recommended: Robert Kiyosaki – Rich Dad, Poor Dad Steve McKnight – From 0 to Financial Freedom: How To Do It Today! Steve McKnight – From 0 to 130 Properties in 3.5 Years Steve McKnight – From 0 to Financial Freedom: How To Do It Today Steve Mcknight – From 0 to 260+ Properties in 7 Years Steve Mcknight – $1,000 in Property in One Year Time Stamp – Topic:  02:45 – How JP got started in property investing 05:20 – Purchasing his first property 06:10 – Leveraging other equity to get a loan 08:00 – Australia property market strength 09:00 – How loan assessments work 12:00 – Qualifying people for loans 13:00 – How JP acquired properties 2, 3, and 4 16:30 – On-going management of the properties 20:00 – Refinancing to make raise more money 21:30 – How JP learned what he knows 23:45 – What happens in a AUS recession? 25:45 – Property acquisition goals 29:00 – What JP looks for in a new property 32:00 – Emerging markets in Asia 33:00 – Rich dad, poor dad 33:45 – Sam’s property investments in Thailand 40:05 – Guarantee 7% return investment properties 41:35 – Property rights AUS vs. Thailand 45:00 – Ownership of Thai properties 50:25 – Carrying costs of properties 53:45 – Our next moves in property investing 57:15 – REIT investing as an alternative 1:01:00 – JPs investment property investing advice – Play in a market close to home – Buy something you are familiar with – Look for scarcity – Look for an area where incomes have the potential to increase If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.