From Plumbing Apprentice to 11 Rental Properties by 26

Sam Gordon welcomes a special guest to the studio this week: Jake McGregor, a close friend and Buyers Agent at Australian Property Scout. Jake’s story is incredibly inspiring from a pivotal moment in high school that set off a fire in his belly, to overcoming a $52k loss and turning it into a triple win with his next investment. Over the span of 7 years, Jake has built an impressive $4 million property portfolio, with a huge $1.6 million in equity.

Jake and Sam reflect on the beginnings of Jake’s investment journey earning $9 an hour as an apprentice plumber, influenced and encouraged greatly by his parent’s own journey and hard work. Jake’s pure grit and determination is clear at every point in his story, and it’s obvious in his success how resilient and focussed he has remained and the challenges he's overcome. 

Please let us know what you think of our new segment at the end, and whether you’d like to continue seeing this 🔥😉

Join us on Saturday, April 13th in the Gold Coast for our inaugural LIVE Australian Property Scout End of Quarter Summit. Immerse yourself in a day full of current market updates, live Q&A sessions with the Australian Property Scout team, and the infamous End of Quarter roundtable session. There will be 5 exclusive Mentorship positions available with Sam Gordon up for grabs. Come along with friends, family, your partner or by yourself! Tickets are officially available now, click here to save your spot!

Don’t forget there’s a special discount for Sammy Gordon’s School of Property for our Scouting Australia Podcast listeners, use the code SAP for the 10% discount. Learn from the best in the business and make 2024 your best year in property investing yet! To find out more and make the most of our special foundational discount, head to www.schoolofproperty.com.au.

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Chapters:

(00:00) Welcome

(01:40) The man, the legend

(03:00) Summary of portfolio

(05:05) Back to the beginning

(10:45) Beginning of apprenticeship 

(13:35) Frugal teen years

(15:18) First deal

(21:39) Post purchase

(25:50)Get paid your worth

(29:01) Second deal

(37:34) APS deal at 23 years old

(42:37) Buy + flip

(48:03) $52k loss

(52:43) The comeback

(57:38) Stumbled on next deal

(01:01:17) The curly deal

(01:04:20) Portfolio recap

(01:13:47) Jake's key takeaways

(01:15:53) Sam's key takeaways

(01:19:54) Rapid fire