One of the biggest derailers for any investor is…
So how can you avoid falling into this trap?!
Folks this week we’re back with another super-exciting, real Case Study about Annabelle & Jamie (Pstt – These are fake names!).
A couple in their late 30s, they’ve spent the past 5 years procrastinating their life’s dream of building a property portfolio and moving from the bustling city of Sydney to the laidback coast of Byron Bay Hinterland.
Overwhelmed with the number of options and their lack of knowledge, sadly, they believed that this dream has passed them by. 🙁
Tune in now to discover the sequencing that Annabelle & Jamie can take to still make this dream a reality, and the frameworks and property plan that’ll stop them from falling into the procrastination trap (or from making more costly mistakes) ever again!
A crazy-but-true episode that highlights the power of planning, taking action and smashing procrastination!
Listen now to see how this couple can achieve all of this while setting themselves up for a $120K passive income AND an early retirement!
P.S. Keen to find out how you can build your optimal property portfolio too??
Book a free, no–obligation consultation with our award-winning team of Property Investment Advisors here (and avoid falling into the procrastination trap!)
Free Stuff Mentioned…
- Want to be on The Couch? We’re calling all potential 2022/23 Summer Series Guests! If you’d like to share your story, reach out to Stig here (We’d love to hear from you!!).
- Free, money management platform: Start getting more out of your finances with Moorr, our proven money management system.
- Smash YOUR procrastination: Book in a free, no–obligation consultation with our award-winning team of qualified property investment advisors. Discover how you can create your optimal property portfolio plan here.
- Check out Morgan Housel’s book, “The Psychology of Money: Timeless lessons on wealth, greed, and happiness” from Bryce’s Mindset Minute here.
- Other Episodes Mentioned:
- Episode 016 (Part 1) | The 5 Essential Steps to Property Investing in Australia
- Episode 016 (Part 2) | The 5 Essential Steps to Property Investing in Australia
- Episode 412 | The Best & Worst Performing Markets Over 30 Years! – Chat With Tim Lawless
Want to work with Bryce & Ben’s Award-Winning Team?
- a roadmap to $2k per week passive income? >> Start a conversation with our Qualified Property Investment Advisors…
- buying an investment-grade property in an investment-grade suburb? >> Start a conversation with our independent and experienced Buyers Agents…
- set up or review of your borrowing strategy? >> Start a conversation with our Investment Savvy Mortgage Brokers…
- your defence implementation? >> Start a conversation with our Financial Planners…
- maximising your tax refund? >> Start a conversation with our Investment Savvy Tax Accountants…
Here’s some of the gold we cover…
- 0:00 – The gold today!
- 1:51 – Next we’ll be seeing a mini-budget…
- 3:38 – Have you got a compelling story? Share it with us in our 2022/23 Summer Series!
- 5:36 – A lot of financial debates are actually just people with different T_m_ H_ri_o_s!
- 8:56 – Today’s Case Study: Annabelle & Jamie
- 11:51 – Why this isn’t a “money map” it’s a LIFE map folks!
- 12:59 – They decided to get help because…
- 15:15 – These are the problems we’re trying to solve!
- 16:41 – Folks, time horizons are key!!
- 17:57 – Why a plan is important for time-poor professionals!
- 19:50 – Why we’ve taken a conservative approach!!
- 21:29 – The Big-Ticket Items
- 22:08 – This is why it’s CRITICAL to get your sequencing in order!!
- 22:41 – Their Low LVR and High Incomes are allowing them to…
- 24:01 – The First Asset: Trading out of the Big City to the Country
- 26:30 – Why we don’t model over 7.5%!
- 27:44 – If you’re buying period homes, make sure you have this…
- 28:58 – …And this is why we didn’t recommend an asset further out!
- 30:49 – One Year Later: An Accelerator Asset (Why is it optional?!?)
- 34:15 – Expanding the family & smelling the roses!
- 36:50 – How they’re retiring 9 years before they get super!
- 38:40 – The Hidden Derailer For MANY Investors!!
- 40:20 – The real value you get when you have a plan!
- 44:42 – This is why they’re a LUCKY couple…
- 46:50 – We always think it’ll be different THIS time folks….
- 49:43 – What defence do they have?!
- 50:57 – During accumulation phase, this is actually your biggest asset!
- 52:40 – The Golden Frameworks
- 54:25 – The Outcome Of This Plan (aka. The benefits they’ll be reaping!)
- 57:45 – This is why you should always leave a buffer!
- 1:01:04 – An announcement for our Moorr Users!
- 1:01:46 – Auction Clearance Rates: Good news on the horizon??
- 1:04:03 – Why we need to stop spending folks…
- 1:04:57 – Today’s Buffer Rate = Mortgage Prison!