• Nurse & Sparky Get 17 Rental Houses, $100K Passive Income!

  • Aug 11 2024
  • Duración: 1 h y 13 m
  • Podcast

Nurse & Sparky Get 17 Rental Houses, $100K Passive Income!

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  • Michael & Nicole, a former electrician & nurse respectively on modest incomes, started investing with just $30k. Now they have 17 rental property incomes in under 13 years and make over $100K Passive Income! I'm proud to call them clients of the Property Investment Accelerator. 💰 Their property portfolio is worth over $7M and they aren't stopping. In this episode we go into everything you want to know: 👉 As children of hard working immigrants, how they started investing in Australian property? 👉 Their biggest MISTAKES, off-the plan-units property, the sales pitch about "depreciation" 👉 The "aha" moment when Michael's first property made him MORE MONEY than his job in under 1 year! 👉 The "tiered-value-add" STRATEGY that transformed their journey? 👉 How they bought a property MID-FLIGHT on a plane to America? 👉 How they found themselves property rich (8 by 2018) but HUGELY NEGATIVELY GEARED by the time they had their first child! 👉 Why hiring a BUYERS AGENT to buy a commercial property was a big MISTAKE? 👉 How they now don't need "boots on the ground" for INTERSTATE investing 👉 Their biggest advice to experienced investors who have NOT got the expected results from property investing! ✨ This is a grass-roots interview - pure, honest & raw! ❤️ I'm incredibly proud of them and humbled by their achievements, especially the mindset to constantly pivot and solve problems to achieve success. Discussion Points: 00:00: Introduction 01:55: What shaped Michael & Nicole’s motivation 07:30: Looking back: what not to do when investing 12:40: Building upon the experience: ex[adning the portfolio 29:47: Cash flow woes & negatively geared property 37:59: Taking on the risk of rooming houses 42:20: Becoming an advanced investor: keeping going & growing 50:40: Using all the experience to start a business 55:02: Buying properties after taking the course 1:04:11: How to find the motivation to keep going 1:12:29: Conclusion About The Host: Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. Resources: Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughpropertyWatch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta Disclaimer: No Legal, Financial & Taxation Advice The Listener, Reader or Viewer acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only;We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances;We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer. See omnystudio.com/listener for privacy information.
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