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How to Build a 9 Property Portfolio with over $2m in Equity in less than 2 Years
Manage episode 428897183 series 3421678
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Sam is joined in the studio for this week's investor episode by Australian Property Scout clients, Aaron and Jo. Together they have built an impressive 9 property portfolio with 2 million equity in a sub 2 year timeframe. Aaron and Jo both came from humble beginnings, both having great work ethic instilled in them from their families during their childhood, combined with their exposure to property and the book Rich Dad, Poor Dad, caused them to stumble across Sam after winning Investor of The Year in 2020. This was the perfect storm to get their portfolio started and working towards their goal to retire by 2030.
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Chapters:
(00:00) Welcome
(01:36) Aaron’s back story
(05:14) Jo’s back story
(10:15) How Aaron and Joe met
(14:30) How the boys got into property
(18:35) Property number 1 / First property…with structural issues
(22:35) When did you realise all the mistakes?
(25:57) First investment property
(29:40) First deal outside of SMSF
(33:05) Upgrading to APS
(41:04) Time to double up deals
(48:25) Bread and butter strip and the next steps
(55:31) Investment number 3
(58:39) Back to Perth
(01:01:56) Next deal
(01:07:48) Deal number 8
(01:14:13) Enough purchases, what can we do now?
(01:18:30) Run-through of entire portfolio
(01:21:30) What does the next 12-24 months look like?
(01:24:00) What’s your goal?
(01:31:08) Key learnings
(01:37:03) Rapid Fire
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