In this episode of The Smart Property Investment Show, host Liam Garman speaks with Dawn Fouhy from Future Proof Property Advisory, unpacking her journey from nursing to property investment.
Dawn's career path highlights the power of strategic planning, education, and calculated risk in building wealth.
Originally from Ireland, she moved to Australia and, with her partner, bought their first unit in Melbourne for $480,000, selling it three years later for a $200,000 profit.
She educated herself through books and expert resources, navigating the complexities of property investment through methodical decision-making.
Dawn emphasises the importance of timing and avoiding emotional attachment to properties that no longer serve financial goals.
She stresses the value of seeking diverse financial advice and being willing to change brokers to avoid bias.
Leveraging equity and savings, Dawn boldly purchased four properties in 2022, balancing yield with potential for long-term capital growth.
She advocates for informed decisions rather than chasing quick wins and encourages open conversations with partners to align financial goals and risk tolerance. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.
