Property Investor Tales

Investing for Incredible Cashflow and Growth

Riley McNee has been involved in real estate for almost two decades. 

As one of the core team at Positive Real Estate, this chat includes Riley’s own personal adventure as an investor, real estate agent and also as a property consultant with Positive. 

Riley shares the victories (like investing recently in a piece of property that will generate $15k per year in cashflow), challenges, and also some spooky real estate stories!

This is a conversation you do not want to miss!

6:42 - A well informed client is a good client

14:25 - Why I love real estate 

24:30 - The perfect recipe of apartment investing

33:24 - Cashflow and growth is the perfect pigeon pair

35:30 - Crazy real estate stories, including punch ons at auctions and spooky dungeons!

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

From Teenage Apprentice Chippy to Two Properties at 25

Luke and his fiance Rachael acquired two properties by the time they were 25. Luke, an apprentice carpenter as a teenger, had always had a goal to buy real estate as soon as possible. 

On this episode, he describe the big decisions he and Rachael made along the way. Including the decision to rentvest (renting and buying an investment property instead of buying a PPR) and to join Positive Real Estate and have access to the 6-Star Team that guides each investing decision. 

From having approvals reversed, to dealing with strict timelines, Luke shares all the wins and learning lessons he’s gleaned over his investing journey so far. 

 

We discuss - 

4:45 - Choosing to invest in Canberra first

14:45 - Working with his coach and property consultant to secure a second property

24:35 - The stress of working through a lending issue - and the power of having a strong team behind you

34:48 - Lessons learnt from the investing adventure so far

 

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at  propertyinvestortales@positivementor.com.au You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

From Late 30’s Beginner to Property Expert (With Amanda Alba)

Amanda Alba started her property career a bit later than most, previously living in Spain running a business. She had her daughter Melisa overseas, deciding to come back to Australia after finding it rough and being home sick.

After always having a hidden passion for property, upon Amanda’s return to Australia she had decided to get her real estate license and get started into something she genuinely enjoyed. 

A few years down the track she's a incredible Property Consultant at Positive and at the top of her game. If there’s one thing for sure, Amanda Alba has done it all and has been through thick and thin. She shares her lessons and roadblocks that have helped shape her to where she is now.

We also discuss - 

6:13 - What's gotten me here?

14:06 - Dealing with stress & challenges

20:16 - The resilient mindset of an active achiever

36:10 - Meditation and release

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

From $55K in Credit Card Debt to Property Owner (With Marcus Pearce)

Marcus Pearce and his wife, Sarah, enjoyed a great big wedding, setup a business with all the trimmings … and found themselves in more than $50,000 in credit card debt (not including business overdrafts and loans). 

It’s been a rocky road for Marcus to become a property owner, but having knuckled on some timeless financial wisdom from books including Think and Grow Rich, The Richest Man in Babylon and more, Marcus shares his story from bad debt to good debt. 

When he’s not discussing property, Marcus is talking longevity and life design. He is the author of Your Exceptional Life and runs a 2-day event in Byron Bay each year called Create Your Exceptional Life. You can find out more at www.marcuspearce.com.au

We also discuss - 

5:35 - Thinking credit cards were good

7:45 - Being $55k in credit card debt (and the justifications that go with it)

14:25 - The importance of goal setting

21:25 - Living close to family

42:45 - Delayed gratification and learning

44:30 - The 8 key areas of life to focus on

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

From Big Investing Mistakes to Big Victories (with Andrew Goldsworthy)

Andrew has been investing in real estate since the 1990s and has plenty of experiences to share with us on this episode. From some of his biggest mistakes (also known as learning lessons) to some great victory stories, you’ll find this conversation very heart-warming and reassuring as an investor. 

He’s invested on the Gold Coast, Tasmania, Canberra and more - and shares the struggles of selling real estate that no one will buy, to being able to negotiate hard when selling real estate that has high demand. This is a great example of the power of teamwork, with coaches, property managers, agents, lenders and other members of the real estate “six star team” working with Andrew to create a great portfolio. 

1:35 - The Gold Coast crazy times

14:10 - Dealing with flat spots in the market

22:35 - Dealing with heat in the market (and the temptation to sell)

37:05 - Unwinding the “mess we were in” with the support of a coach

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

From Teenage Investor to Property Consultant

Mel Alba purchased her first investment property when she was 19. And it wasn’t in the circumstances that you may think. 

On this episode Mel shares the full range of her experiences in real estate and investing, including working with Metricon, investing with family, relationship breakups and the corresponding financial impact, and so much more. 

If you’re looking for a linear story of success then this is episode is not for you! But if you’re curious as to how the highs and lows work in real estate, and the influence of our personal life on our financial decisions, then you’ll love this chat with Mel Alba. 

4:15 - Buying property at 19

5:45 - Selling her first property to her mum

12:15 - The importance of having buffers

24:15 - Getting to the root cause with couples

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

From Saving $2 a Week to Owning a Multi Million Dollar Portfolio With Adam Salmon

Adam Salmon has an incredible story of investing as well as a remarkable life story. At 22, he found out that he was going to be a father. As an apprentice carpenter earning $380 a week, Adam and his partner could only save $2 a week. They didn’t let that stop them though, and today Adam joins me on the podcast as a seasoned investor with an awesome portfolio. 

With so many lessons in his life story and investing adventure, I think you’ll love this episode!

We discuss - 

3:35 - Finding out unexpectedly that a baby was on the way when he was 22 years old

7:15 - Doing my own feasibility studies to create my first investment opportunities in dual occupancy (battle axe subdivision)

16:45 - The mistakes of selling early (leaving profit and cashflow on the table)

27:55 - Saving $2 per week

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

From Drug Raids to Real Estate Success With Kel Watts

Kel Watts has had a wild ride as a property investor. FRom the get go of this interview, Kel shares the story of renting his PPR out to a drug mule (obviously without his knowledge), and the drama that created it. 

But in true investor fashion, he didn’t let this experience stop him from investing in real estate. Kel’s experiences taught him the value of a mentor - someone who is emotionally detached from your experiences and portfolio - and how this relationship has contributed to his success. 

Today, Kel is a part of the 1% club - the group of Australian investors who own three or more pieces of real estate - and has so much wisdom to share. 

We discuss - 

3:15 - A drug mule rented out my PPR (and I only found out when the Federal Police raided the home). 

15:35 - Prioritising a property mentor

18:35 - Having the courage to change mentors or find a mentor you click with

23:35 - Deciding to share or not share their investment journey with friends and family

29:37 - Breaking life down in to 20 year chapters

Enjoy the episode!

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

Joining The 1% Club of Investors with Caroline and Craig Bounds

Caroline and Craig Bounds have had most of the experiences you can have when investing in real estate. From buying off the plan, to investing in real estate with super, from renovating, to joint ventures and working through every part of the investing process with a team - they’ve had it all. 

As a result, Caroline and Craig are in the top 1% of investors in Australia, which is those who own 3 or more pieces of real estate. How did they do it? And what have they learnt along the way? You’ll get all the answers in this jam-packed edition of Property Investor Tales. 

Enjoy the episode!

1:45 - Being skeptical to begin with

9:35 - The power of not getting too carried away

17:55 - Buying real estate with super

21:15 - Buying off the plan doesn’t worry us

31:42 - Lessons from property managers

41:25 - The power of a coach

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

Mastering Your Investor Mindset with James Evenden

James Evenden has an incredibly strong mindset around investing and life. We chat whilst James is in the midst of an almighty renovation (more like a small development), with the Queensland floods wreaking havoc on the timeline. 

Whilst James is the first to admit it’s a first world problem, he shares the multitude of mindset lessons he has applied during the process. And by his own admission, there’s a good degree of “learning on the job” with mindset, as new experiences come up. 

Enjoy this episode!

1:45 - Starting off in retail shopfront real estate

6:15 - What’s wrong is always available, but so is what’s right

11:45 - Buying at a discount

17:35 - Renovation timelines

23:15 - The importance of buffers

33:14 - The power of your peer group

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au