At 23, Dan* bought his first property as an investment with a combination of hard work, strategy and support from his parents. In today's episode Dan joins Rachelle to share the steps he took to do that, touching on:
π the early money habits he established after reading The Barefoot Investor at 15
ππΌ his saving and investing journey and how he saved that deposit
ππ½ seeing a mortgage broker and deciding whether to buy to live in vs buy to invest
ππΎ asking his parents for a parental guarantee to buy a better asset
ππΏ the type of property, purchase price and location he bought
ππ» why he used a BA
π the challenges he faced
ππΌ and his tip for anyone wanting to get into the market
*Name changed for privacy
Have a question for John and Rachelle? Connect with Rachelle on Instagram: https://www.instagram.com/rachellekroon_money/ or post in our Facebook group: https://www.facebook.com/groups/m3.podcast
We're on Youtube! Subscribe to this is property: https://www.youtube.com/@thisisproperty
Need clarity on your property situation? Book a clarity call with John Pidgeon: https://www.solverewealth.com.au
Rachelle Kroon is the director and founder of Sphere Home Loans, which sponsors this podcast. Need a mortgage broker? Check out https://www.spherehomeloans.com.au/
We hate email spam so we donβt create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.
To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.
","author_name":"John Pidgeon & Rachelle Kroon"}