If you’re serious about building a property portfolio to grow your wealth, head to the link in my bio 🏡 *not financial advice* #invest #investing #wealth #realestate #property
@trusted.financeTranscript
Jake's in his 20s lives in Sydney and owns two properties, but he doesn't live in either of them. This is how he did it. Jake works full time and rents in Bondi. He bodies first property in Perth, and his second property in Melbourne. He used a 5% deposit to buy his first property in Perth, then leveraged the growth and used the equity as a deposit to buy his next investment property. Since the tenants are paying a majority of his two mortgages, it means he can continue renting near the beach, in the city that he loves, where he can continue to focus on his career, and still have a relationship with his mates and his family. His goal in the future is to use the equity he gains in his two investment properties, and buy a home to live in when he's ready, not when the market pressures him. If you want to develop your own strategy like Jake's, click the link in my bio to be connected with one of my brokers, who can help you source the best investing locations across Australia, and support you through the process from start to finish.
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