Unemployable

"This Is Why Most Australians WILL Get Left Behind": Property, AI, and The Comfort Crisis

17 snips
Jan 16, 2025
Tony, a 33-year-old entrepreneur who built an $8 million property portfolio in just five years, shares valuable insights on real estate investment. He discusses strategies for starting with just $200K and offers real examples of properties under $420K in growth areas. The conversation also dives into the urgent impact of AI on the job market, warning that comfortable Australians may be left behind. Tony emphasizes the importance of adapting to technological changes and cultivating resilience in the face of economic challenges.
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ANECDOTE

Growing Family

  • Tony, at 33, is expecting his third child and discusses balancing work and family.
  • He shares his wife's mixed feelings about having more children after giving birth.
ADVICE

Property Portfolio Advice

  • Australians struggling with property affordability should consider joint ventures or exploring less competitive markets.
  • Tony, who built an $8M portfolio in 5 years, suggests focusing on high-yield, high-growth properties in areas like Adelaide, Rockhampton, and Townsville.
ANECDOTE

Boosting Borrowing Capacity

  • Tony paid himself minimum wage while growing his business, combining business and personal income to boost borrowing capacity.
  • This strategy significantly increased his ability to invest in property.
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