Welcome back to the Australian Property Investing Podcast Everything Property with your host David Hamilton. On today's episode, we flew Alanah Pilcher in from Melbourne to plan her property portfolio with help from our good friend Jordan de Jong from Game Plans. A few months back Alanah entered and won our portfolio builder competition and so the aim of this episode is to plan how we'll build out her portfolio to hit her passive income goals - HINT: the total number of properties needed is LESS than you think.
During this chat, we cover:
- Alanah's humble beginnings out of school and why she didn't go down the university path.
- How she saved up and bought her first property
- Her currently property portfolio
- What she aims to achieve through property.
- The 5 ways you can keep moving and purchasing property
- Alanah's options to ensure she can make her next purchase
- How many properties Alanah needs to hit her passive income goal
- Ways to reduce the time Alanah needs to wait until she hits her passive income goal
- When and why Alanah (or you) may transition into commercial property
- What happens to her property plan when we TURBOCHARGE it with a commercial purchase.
- Plus much, much more!
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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.
