Property Investor Tales

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

From Master Procrastinator to 4 Properties with Geoff McGuinness

Geoff McGuinness is a reformed master procrastinator. As someone who loved the idea of investing but equally feared the idea of debt, he made some decisions (and paid the price of waiting) that only took him further backwards in his attempt to move forward.

Despite these setbacks (which he explains in the podcast), he’s found the inner strength and resolve - and knowledge - to make some incredible decisions. Now with four properties under his belt and more than $1.5 million in healthy and leveraged debt, Geoff shares his experiences in this insightful conversation. 

My favourite quote from Geoff in this interview is “surround yourself with legends and you can’t go wrong.”

Enjoy this episode!

1:15 - Being told he wasn’t ready to invest

2:15 - Dealing with a fear of debt

7:15 - Buying poor performing properties and the cost of waiting

20:30 - Talking real estate with family and friends

27:30 - The power of coaching (being wisely held back at times)

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

Patience To Profits With Kristen and David

Kristen and David started investing when they had three children under five years of age. They’ve ridden many highs and lows - from holding property that had appreciated very little, to having the same properties explode in value and rental yields. And they have a cracking story on how they saved $15,000 per year simply by renegotiating their interest rate with their bank. The moral of this episode is to hold your real estate, no matter how “boring” it might be at times. 

Enjoy this episode!

1:35 - We knew nothing about investing

5:15 - Buying properties is the fun part

9:17 - Setting expectations on property managers

19:45 - We’ve had some highs and some real lows too

27:35 - Being proactive with paperwork

28:45 - Renegotiating loans to save money

30:45 - Saving $15k in interest 

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

Properties by 26 with Louise Carr

Louise Carr has been in real estate for 28 years! Having purchased 3 properties by the time she was 26, you would think it would be all financial smooth sailing from there, right? Of course not! On this episode, Lou shares the wild ride of property investing, from her time in property management, growing up on a farm (which the bank repossessed), buying at the top of the market in areas that didn’t perform, and the role of wealth when it comes to raising children. 

 

You’ll definitely notice Lou’s dog wanted to be a part of the episode, and found a way to be included! Persevere though, Lou’s wisdom is incredible. 

 

Enjoy this episode!

 

1:35 - Working in property management and seeing some wild things!

 

5:05 - Having her safety net pulled away due to the repossession of her parents farm

 

7:15 - Making the mistake of listening to the mainstream media

 

21:10 - Whether to buy property for your children or not

 

23:02 - Friends who grew up with money vs those who didn’t

 

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

Marriage, Money & Success with Shay Whitton

Shay Whitton has been involved in real estate ever since she was a child. Growing up around serial renovators, property has forever been in Shay’s blood. As a co-founder of Positive Real Estate, Shay shares her experiences not so much in property investing, but in the decision to create a life where success is defined, family is prioritised, and business is consciously created in order to help people achieve their goals. 

Enjoy this episode!

3:15 - Growing up in a family of serial renovators

8:35 - Living in 32 houses by the age of 32

14:45 - Hanging out with people you love to learn from

21:05 - Having a high value on personal growth

22:53 - Communication is imperfect

25:45 - Defining what success looks like

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

Turning Vanilla & Boring Investing Into Wealth with Rob King

Rob King has invested in many types of asset classes across different locations for nearly two decades. From “vanilla” investments to a boarding house, Rob has accumulated a serious variety of experiences over his journey so far. 

 

Despite some “vanilla” in his portfolio, we discuss just how important the vanilla investments can be in creating wealth, and why “boring” is often good when it comes to wealth creation. 

 

Enjoy this episode!

2:35 - Owning a boarding house

5:31 - My entrepreneurial tenant

11:15 - The complexity of some deals

15:15 - Having the courage to enter the market

18:25 - Reflecting on results of portfolio

 

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

Creating a 6-Property Portfolio with Andrew Bui

Andrew Bui has amassed a portfolio of six properties over his investing adventure, which puts him in the top 0.08% of Australians. How has he done it, and what has he learnt through the entire experience?

From mitigating risk to following your gut instincts, Andrew shares the ups and downs of 15 + years as a property investor. 

Enjoy this episode!

6:35 - The power of having a team around you

8:15 - Buying two properties before joining Positive Real Estate

10:30 - Losing job during settlement process

17:45 - Realising that my superannuation wasn’t going to be enough

19:35 - You have to enjoy what you’re doing

24:15 - The joy of owning cashflow positive real estate

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