I bought a 2br townhouse because that's what I could afford but listening to this and interest rates being so high I 100% should've gone down the rentvesting path.
I learnt what rentvesting was in 2019, up until then I never heard of such a thing. OCT 2020 we settled our first. Now its JAN 2024 we are negotiating our 4th and already planning how we will access a deposit so we can get a 5th by the end of 2024. Cant wait until our 6 figure passive income 🎉
I sort of rentvested, sort of PPOR'd. Data made sense to invest in Launceston so I actually just moved there and bought a house. Lived for 2 years there and rented a spare room. Now im living interstate and that house (along with 2 other IPs now so 3 total) are rented out with reasonable yields (avg 6.5% or so). Trying to buy no.4 noe.
Hey thanks mate, love hearing you’re enjoying it! If you haven’t already listened to the ep with Micheal Xia this is a great story, I’ll link below: 62 Rental Portfolio, $42,000 Weekly Rent, How Michael Xia built a Cashflow Machine!!! ruclips.net/video/Oi7qGNPos5o/видео.html
I need your advice here . This is great eye opener .BTW I am late to the party . I am in my mid 40s .Got my own 4BED PPOR with another 2 Investments . Kids growing up needed bit more space or may be bit more luxury. I am in a intersection in my investment journey where I need to decide whether to upgrade my PPOR by going for a bigger loan vs buy 2 more investments ? What would you do if you were in my age bracket
@@pizzaandproperty1246 no your voice is fine. I guess there is an issue with your voice recording devices. Your voice whistles at the end of your sentences.
Oh ok interesting… thanks for letting me know mate, we’ve had this feed back in the past from people using AirPods, I’ll let my audio guy know to look into it if it’s something we can fix will get it sorted 😊
@@pizzaandproperty1246 exactly while I am listening with AirPods in gym or hiking this happens. Now I am listening with computer headphones and it’s all good.
Did you buy your family home before an investment property?
I bought a 2br townhouse because that's what I could afford but listening to this and interest rates being so high I 100% should've gone down the rentvesting path.
I learnt what rentvesting was in 2019, up until then I never heard of such a thing. OCT 2020 we settled our first. Now its JAN 2024 we are negotiating our 4th and already planning how we will access a deposit so we can get a 5th by the end of 2024. Cant wait until our 6 figure passive income 🎉
I sort of rentvested, sort of PPOR'd. Data made sense to invest in Launceston so I actually just moved there and bought a house. Lived for 2 years there and rented a spare room. Now im living interstate and that house (along with 2 other IPs now so 3 total) are rented out with reasonable yields (avg 6.5% or so). Trying to buy no.4 noe.
Yes
Love the point about realising all you see everyday is negativity until the one day a year you see the reward (but it's worth it)
Love this podcast guys. Very interested to hear from guests of how to build large portfolio and go beyond with borrowing capacity.
Hey thanks mate, love hearing you’re enjoying it! If you haven’t already listened to the ep with Micheal Xia this is a great story, I’ll link below:
62 Rental Portfolio, $42,000 Weekly Rent, How Michael Xia built a Cashflow Machine!!!
ruclips.net/video/Oi7qGNPos5o/видео.html
This was awesome and so helpful
I need your advice here . This is great eye opener .BTW I am late to the party . I am in my mid 40s .Got my own 4BED PPOR with another 2 Investments . Kids growing up needed bit more space or may be bit more luxury. I am in a intersection in my investment journey where I need to decide whether to upgrade my PPOR by going for a bigger loan vs buy 2 more investments ? What would you do if you were in my age bracket
Loved this and loving the series. Wouldn’t mind hearing more about his air bnb investments if he comes back on!
Thanks mate! Great idea I’ll ask the question 👍🏼
great podcast! simons a great guest. so glad to have found this podcast, everyday listening everyday learning :)
Thanks mate! glad you're enjoying it 🙂
The number of things I've learnt from this channel is mint 👌
Thanks mate! That’s awesome to hear 😊
Good insights thank you
Hi Todd thanks for great content. I am listening to your shows with AirPods and your voice whistles and kind of irritates me.
Glad you’re enjoying the show not mate! Not sure what I can do about my whistling annoying voice haha
@@pizzaandproperty1246 no your voice is fine. I guess there is an issue with your voice recording devices. Your voice whistles at the end of your sentences.
Oh ok interesting… thanks for letting me know mate, we’ve had this feed back in the past from people using AirPods, I’ll let my audio guy know to look into it if it’s something we can fix will get it sorted 😊
@@pizzaandproperty1246 exactly while I am listening with AirPods in gym or hiking this happens. Now I am listening with computer headphones and it’s all good.
Such a valuable video.
Thanks mate! glad you got a lot out of it 🙌🏼