EP. 85 | Sam Gordon - Owner and Director of Australian Property Scout
Jul 14, 2024
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Sam Gordon, an avid property investor with 20+ properties, shares his journey of overcoming challenges, pursuing soccer, and becoming a successful buyer's agent. Topics: real estate investment journey, buyer's agency transition, maintaining motivation after success, rent vesting vs. property ownership, seeking advice from successful mentors, and celebrating 50,000 Instagram followers for real estate brand growth.
Success comes from persistence and a results-oriented mindset, even without traditional education.
Diversifying property types and leveraging equity lead to scaling a successful investment portfolio.
Expert guidance, clear goals, and quality team members are crucial for building a thriving business model.
Deep dives
From Pro Soccer Player to Successful Buyer's Agent
Starting from humble beginnings, the speaker shares his journey from a non-academic background to achieving success as a buyer's agent. Despite not pursuing a traditional higher education path, he attributes his prosperity to persistence and a sports-driven mindset, likening his aggressive soccer playing style to his business approach focused on results.
Strategies for Building a Successful Property Portfolio
The speaker highlights his investment-first approach, having acquired over 80 rental properties through strategic buying and value-adding strategies. He emphasizes the significance of diversifying property types, balancing cash flow and growth properties. By focusing on buying below market value and leveraging equity, he outlines how he scaled his portfolio from 20 properties to over 80.
Insights on Market Trends and Investment Advice
Discussing current market dynamics, the speaker explains the shift towards higher purchase price entry points for investors and the importance of understanding market values and off-market opportunities. Advising mom-and-dad investors to seek expert guidance due to competitive market conditions, he underscores the benefits of leveraging buyer's agents for successful property acquisitions.
Building a Successful Business Model
The podcast episode delves into the keys to building a successful business model, emphasizing the importance of setting clear goals and vision for the business. The speaker highlights the significance of hiring competent staff who excel in their respective roles, attributing the business's success to assembling a strong team. By prioritizing quality over quantity and focusing on continuous improvement, the speaker stresses the necessity of scaling while maintaining high standards to ensure long-term success.
Importance of Implementing Advice
The podcast episode underscores the importance of implementing advice received from mentors or individuals who have achieved desired goals. It highlights the value of recognizing bottlenecks in one's actions and seeking guidance to overcome them. The speaker emphasizes the need to act on advice provided, noting that successful implementation is key to achieving desired outcomes in business and personal endeavors.
Sam Gordon, is an avid property investor who built a property portfolio of 20+ properties within his 20’s and retired from the workforce. If you think he’s stopped investing since you’d be mistaken.
At a young age he was on the verge of achieving his dreams of becoming a successful soccer player. Then was working on his family’s farm before becoming a buyer’s agent.
Tune in.
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