Welcome back to the Australian Property Investing Podcast Everything Property with your host David Hamilton. On today's episode, Jordan de Jong a property investor turned proptech GURU joins us to run multiple scenarios on how many properties we might need to retire. For this episode we cover:
- Jordan's investment portfolio
- What he did to avoid getting stuck at only a few properties
- How and why he left a 6 figure paying corporate job
- Properties needed to Retire is broken down into 3 categories, these are:
$350,000 purchase price
Targeting entry level investors, with a $60k cash savings deposit
$500,000 purchase price
Targeting more experienced investors, with a $100k cash savings deposit
$750,000 purchase price
Targeting seasoned investors with high incomes, with a $150k cash savings deposit.
In each scenario Jordan explains the pro's, con's, number of properties needed to get to a passive income of $150k and $350k (inflation adjusted)
We also discuss things like:
- How to integrate a PPR purchase into the portfolio
- When does commercial come into play?
- Should you buy more than you need and sell down?
- Plus much more!
TO ENTER to be one of three listeners selected to have their property portfolio planned, enter the submission form below:
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If you're a business and want to work with Jordy (B2B) checkout the Game Plans website below:
https://www.gameplans.com.au/
Don't forget to check out the summary post on our Instagram we just posted which covers what we discuss in this chat.
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Disclaimer: The topics, conversation, opinions and discussion provided in this episode are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision.
