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Episode 371 | Three Property Lessons from the Same $25k Deposit?! – Chat with Brad

Winners never quit, and quitters never win. – Vince Lombardi

Today’s special guest, Brad is definitely not a quitter.

Born & raised in Zimbabwe, Africa while experiencing a hyperinflation, it wasn’t a flowery path but Brad learned resilience and tenacity from a young age…

He immigrated to Perth with the family when he was 19 and unfortunately, did not have an excellent start…

 

An unfortunate event let him to a lump sum of $25,000 which thankfully, he invested in property!

But… That property didn’t quite work out.

He managed to recover the $25k and got another property. (Yay!)

But… That property didn’t quite work out either.

Most people would have given up by now but no… Brad did not. He recovered the $25k and yes, he got another property.

But… (it breaks our heart to say this) The third property STILL didn’t quite work out.

So… WHAT EXACTLY HAPPENED?! 😱

 

Obviously, that’s quite a full-on story, right!?! And definitely not something you hear every day.

But trust us, it gets even more “Wow.”

Tune in today for all the gold 😉

 

Free Stuff Mentioned

 

Here’s what we cover…

  • 2:15 –  Meet Brad.
  • 3:05 – The “old school” money view growing up…
  • 4:25 – What was life like during a hyperinflation?
  • 7:34 – From a $5 train ticket to landing his first job! (how?!)
  • 9:05 – Introduction to Consumerism
  • 10:05 – The One Money Advice from his cousin that he still holds strongly today!
  • 13:24 – What kind of shackles is Brad referring to?
  • 15:08 – The mental shift that he had to overcome…
  • 16:38 – The “Aha!” moment!!
  • 21:30 – Why your circle of influence matters and what triggered Brad’s epiphany?
  • 22:35 – The first mortgage and Property (and even LIFE) Lesson #1
  • 26:10 – Property Lesson #2!
  • 28:50 – Having the same mindset – What a difference it makes!
  • 30:13 – Why it’s worth getting a 50% paycut and how they still manage to make things work
  • 30:44 – Same deposit and this time… Property Lesson #3!
  • 32:26 – Winning The 6 years Rule!
  • 35:00 – Is it worth investing in this Hot Market?
  • 36:38 – Bryce & Ben’s LIVE Advice on Brad’s next step
  • 45:42 – What is he using the Money SMARTS Platform for?

 

 

Note: There are more real-life investor stories like this in our Previous Summer Series! Make sure you check them all out here.

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