FYI, it is approx 1% of property investors who own six or more investment properties, rather than 1% of the total Australian population. @ 31:55
@pizzaandproperty12469 күн бұрын
Thanks mate! This is a stat that’s always really interested me but I feel gets muddy when you’re trying to understand a clear picture from all the different structures that own property and may or may not be taken into account
@tofficsvensson854712 күн бұрын
Nice and very inspiring story, I have very much similar story to my property portfolio, started 2020 and have done 4 properties by just working in retail and driving uber, nothing is impossible, financial freedom lies in the hands of myself.
@pizzaandproperty124611 күн бұрын
Mate that’s amazing! Short term sacrifice for large long term gains 🙌🏼
@ah389511 күн бұрын
Hey did you get any indication from Casey in the types of structures he used to buy the properties in ? Great video very inspiring !
@pizzaandproperty124611 күн бұрын
Great question! We didn’t go into detail in the recording but I believe trusts started getting introduced about 5 properties in, you looking at when’s the right time to start purchasing in a corporate trust structure?
@tayloredpropertywealthpodcast11 күн бұрын
I started to introduce Trusts for the more recent purchases and personal name for the recent owner occupied purchase.
@Joseph-s8j9u10 күн бұрын
Todd, great episode my friend. How can I reach you, do I have a story for you sir
@13579john11 күн бұрын
If u get equity out without 2 tears, the mortgage broker gets claw back so how do u get equity?
@pizzaandproperty124611 күн бұрын
Great question, if you’re using the same broker they get a claw back on the loan but re write a bigger loan recouping their com and getting more, or sometimes you just need to switch brokers if you want to move fast and they don’t want to and they will get a claw back
@tayloredpropertywealthpodcast11 күн бұрын
You can get another valuations with the same lender and extract equity without having to refi. If not a quality broker understands this refi will allow them to get a larger amount approved and funded and that is how they make more money.
@samtannouri366511 күн бұрын
😂😂😂 how much is owned buy the bank
@kahilambrookes911 күн бұрын
Wake up.
@pizzaandproperty124611 күн бұрын
It was built in 5 years so a lot is still owed to the bank there no secret it that 😊
@samtannouri366511 күн бұрын
@@pizzaandproperty1246 that means he owns nothing 🤣🤣🤣🤣🤣🤣🤣🤣all leveraged
@samtannouri366511 күн бұрын
@@kahilambrookes9 wake up who you ?
@pizzaandproperty124611 күн бұрын
Not quiet but sure if that’s your biggest take away from the episode you may have missed the real lessons bro Happy investing