{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/62fa0d8926f5af001280299c/68f8767fd941aea0ffb26487?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"742 how Meg built a 3-property portfolio worth $2.5M by 25","description":"<p>In this anonymous listener story, “Meg” shares how she went from living at home and saving hard for her first deposit to building a $2.5M property portfolio by 25. She talks about:</p><p><br></p><p>👉 buying her first place at 22 on the Gold Coast</p><p>👉🏼 leveraging equity to buy again in Perth and the Central Coast (instead of saving cash)</p><p>👉🏾 managing risk, buffers and surprise expenses</p><p>👉🏿 splitting costs and mortgages in a relationship</p><p>👉🏽 and her advice for first-time buyers in today’s market</p><p><br></p><p>Meg was initially going to buy a 1 bed in Sydney for $570k but instead bought a 2 bed 2.5 bath on the Gold Coast for $600k. The unit in Sydney is now valued at $600k.</p><p><br></p><p>Have a question for John and Rachelle? Connect with Rachelle on Instagram: <a href=\"https://www.instagram.com/rachellekroon_money/\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.instagram.com/rachellekroon_money/</a> or post in our Facebook group: <a href=\"https://www.facebook.com/groups/m3.podcast\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.facebook.com/groups/m3.podcast</a></p><p><br></p><p>We're on Youtube! Subscribe to this is property:<a href=\"https://www.youtube.com/@thisisproperty\" rel=\"noopener noreferrer\" target=\"_blank\"> https://www.youtube.com/@thisisproperty</a></p><p><br></p><p>Need clarity on your property situation? Book a clarity call with John Pidgeon:<a href=\"https://www.solverewealth.com.au/\" rel=\"noopener noreferrer\" target=\"_blank\"> </a><a href=\"https://www.solverewealth.com.au\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.solverewealth.com.au</a></p><p><br></p><p>Rachelle Kroon is the director and founder of Sphere Home Loans, which sponsors this podcast. Need a mortgage broker? Check out <a href=\"https://www.spherehomeloans.com.au/\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.spherehomeloans.com.au/</a></p><p><br></p><p>We hate email spam so we don’t create it! <a href=\"https://email.moneypodcast.com.au/\" rel=\"noopener noreferrer\" target=\"_blank\">Sign up to our newsletter</a> to get only the valuable money, careers and property info you need.</p><p><br></p><p>To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), <a href=\"https://www.moneypodcast.com.au/mmmshownotes\" rel=\"noopener noreferrer\" target=\"_blank\">click here</a>.</p>","author_name":"John Pidgeon & Rachelle Kroon"}