4 Properties in 2.5 Years (Simon’s Success Story)

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https://www.youtube.com/watch?v=zQ5Za3VpFuI Simon has recently purchased his 4th property. We sit down and have a chat about how far he has come as a property investor. How this investment fits into his overall goals and how he plans to achieve financial freedom through his investment properties. Book a Free Property Strategy Session 0:00 - Introduction1:01 - 2.5 years ago1:59 - Reasons for 4th property3:57 - How does this property contribute to Simon's portfolio6:20 - What's next for Simon?10:07 - Being intentional to achieving financial freedom11:27 - Did it get easier along the way?13:30 - How can you get started sooner14:38 - Saving deposits or drawing equity16:33 - Simon's new phase of life18:10 - Get a free strategy session Recommended Videos: Simon's Journey Playlist Transcription Ryan 0:00big congratulations, man and buying your fourth property. Thank you very exciting. All properties in two and a half years, I think we worked it out onto that, which is absolutely insane going back three years ago Simon 0:14when we're talking about saving your deposit, dude, it's, it's crazy, like I never in my wildest dreams would have thought that that was going to be a reality. So super grateful how it's all worked out. And yeah, it's very freeing feeling now that that accumulation phase is kind of done, Ryan 0:30yeah, ticked off. And then now it's moving on. So for those of you who haven't been following Simon's journey over the last three years, it's been really exciting to watch. And we filmed videos along the way, which I will link up down below. But we're going to give you the rundown of his journey, how he started. And then I guess the properties that you purchased up until this point, Simon 0:50yeah, nice how it's changed as well, because it'd be interesting if you link up that first video we did walking by the water like three years ago, and see if it's accurate. So that's what I'm going to be focusing on for my first property try and buy within walking distance to the beaches utilize that as potentially a cash flow property, if the opportunity pretend presents itself, but more so one of those properties that will hopefully achieve a real, some really significant capital growth in the long term, I'm really going to strategically identify the right suburb that I want to be targeting the right pocket of that suburb, the right type of property that has the potential to manufacture value, maybe either really depleted home that one day, I could knock it down and rebuild, or on a really large piece of land where I could maybe add a granny flat in the backyard at some point in time to still have that cash flow option. But still really good area and location that hopefully is going to get me really great capital growth, the goal is to purchase equality where I can ideally manufacturers and short term equity, so I can leverage into that second property within 12 months to 18 months. Ryan 1:58So you've just purchased your fourth property after saying that you're done at three. So let's just start there about what changed, and then we'll go back. Simon 2:08Sure. Um, so the main purpose was, number one, serviceability. So after I've purchased a third, why then refinance the portfolio and one Bay just to get everything nice and secure. And then after that refinance, I got told that we had additional servicing. And I've been doing a lot of research with what's been how the markets been tracking what's expected to happen, what's expected to happen moving forward, and I just had a had a gut feeling that Simon 10 years from now would have regretted not buying another property, especially when it was in my power, you know, you've got a lot of unique things coming together right now, that have just given me that confidence and motivation to push that a little bit further. You know, main things being like record low interest rates in the RBA, saying they're going to hold on for another,