This latest episode of the Geared for Growth podcast will resonate with every property investor, whether aspiring or a little more seasoned. Mike is joined by Lisa and Brian, successful property investors turned Buyer’s Agents, who share their story from the early days of property seminars and cookie-cutter kit homes, through to the thriving business they enjoy today.
In a no-holds-barred conversation, Lisa and Brian lay out their journey in honest and relatable detail, and walk the listener through some of their personal investments, even sharing locations of their projects from Torquay in Victoria up to Queensland’s Sunshine Coast. They explain why they made the decisions they did and talk through the lessons they learned along the way.
Brian’s “Longboard Theory” will have you looking at lifestyle factors in a new light. From positive cashflow properties to rooming houses and commercial assets, Lisa and Brian’s matter-of-fact delivery downplays the impressive portfolio they have amassed and it’s easy to see why they’ve built a business as mentors for others to follow in their path.
This episode is as informative as it is inspiring, and is sure to leave you feeling that anything is achievable if you just keep learning and growing, and putting one step in front of the other in your property journey.
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“Would you buy a unit now, would we encourage people to buy one in that sense and the answers probably no unless you know the reasons for going into it and what your stepping stones are moving forward” Lisa 5:40
“We’ve done really well out of this little ‘find undervalued pockets around where people as they mature like to surf’ and now we call it a lifestyle driver” Brian 10:34
“Your mentors need to make you feel slightly uncomfortable and get outside your comfort zone but also will be pushed back and challenged as you learn more be able to challenge what they’re actually saying and make your own decisions” Brian 15:12
“I allow it about a 25% cost for operating this is a rooming house that you pay your the Internet the power the water you pay generally a higher management team naturally it’s a higher insurance costs” Brian 17:36
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