Monday Oct 21, 2024

How This 25yr old Tradie Built a 3 Property Portfolio with $480k Equity in 12 months!

Sam Gordon and Jimmy Ibrahim sit down this week with Bailey, an inspirational 25 year old that has grinded hard over the past 12 months to purchase 3 investment properties, creating $480k in equity starting with a $60k deposit. Bailey started as a labourer at 17 and spent years working hard in construction; and like many young people blowing money on fun — like jet skis, partying and drinking. But with no clear financial goal in mind, Bailey was on the path many young Australians find themselves on: living for the moment, without thinking of future wealth.

Bailey shares how everything changed when he watched his older sister Morgan, Senior Buyers Agent and General Manager at Australian Property Scout, succeed in property. Rather than reinventing the wheel, he chose to follow in the footsteps of someone who had already paved the way, trusting in her and Sam’s advice and staying focused on long-term goals. If you're looking for inspiration to kickstart your own property investing journey, Bailey’s story is a must-listen. Tune in to hear his incredible transformation from spending recklessly to building serious wealth through property.

Strictly limited tickets are available to the Australian Property Scout Summit on Sunday, November 17th at The Star in Sydney. You will leave with actionable steps, expert inspiration and direction to level up your property investing game, along with the opportunity to be surrounded by the APS and SAP community to expand and develop your circle of influence. Tickets are officially available and are selling fast, click here to save your spot! 🔥

School of Property is the ultimate education destination to master property investment, with a curriculum meticulously designed and crafted with both beginners and experts in mind. Whether you are a complete novice, or you’re ready to take things to the next level in your portfolio, this is the program for you! To find out more, head to www.schoolofproperty.com.au.

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Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice.

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Chapters:

(00:00) Welcome

(02:54) Our guest: Bailey

(07:04) Bailey’s early career

(11:02) Circle of Influence

(17:04) Bailey’s decision to commit

(24:05) Choose to be different, to achieve different results

(29:48) Bailey’s leap

(35:22) The true opportunity cost

(43:45) Embracing change

(49:03) Bailey’s first deal

(55:00) The feeling of getting the first deal

(1:00:43 ) Bailey’s second deal

(1:06:17) You'll never save as fast as the market grows

(1:14:31) Framing expectations

(1:24:50) Power of momentum and the right strategy

(1:31:16) How to inspire the people around you

(1:36:25) Surround yourself with likeminded people

(1:39:51) The effect of creating a positive impact on those around you

(1:42:59) School of Property: priceless

(1:51:07) Final advice: take the leap

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