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530 | From Flipping the Local “Drug Dealers” House to Five Properties! – Chat with Catherine

Catherine grew up in a household where money was scarce, and financial stress was the norm. As the daughter of a seasonal worker, she experienced the instability of transient living first-hand, moving between 13 schools growing up. 😮  

This would deeply influence her later financial decisions… 

Determined to break the cycle of financial hardship, Catherine and her husband, Jeff, took action in their late 30s and 40s.  

Despite only having a $10,000 deposit and facing Jeff’s pre-existing financial hurdles, they rolled up their sleeves and began renovating their way to financial peace.

So how did they make the big leap onto the property ladder and overcome Jeff’s financial difficulties, which opened their eyes to lending limitations?!   

If you want a masterclass on how to apartment shop in Sydney and how this power couple has built a successful five-property portfolio after only starting later, listen to this episode now!!  


Free Stuff  

  • FREE WEBINAR REPLAY
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  • How did Catherine and Jeff build a 5-property portfolio despite starting later in life?
    Discover how they leveraged Moorr and tapped into expert professional services to make it happen.

 

Timestamps  

  • 0:00 – From Flipping the Local Drug Dealers’ House to Five Properties! – Chat with Catherine   
  • 1:28 Welcome Catherine! 
  • 2:14 – Money Story: Seasonal work, struggling with money and 13 different schools?!  
  • 6:54 – Earning first income and the first big purchase  
  • 10:55 – Living in Sydney and no role models 
  • 11:59 – Flipping the local drug dealer’s house?!  
  • 16:13 – Doubling in price just two streets away  
  • 18:35 – The Motivator to Act: Childcare commitments and tax debt  
  • 22:59 – There is always opportunity: Starting with just $10G  
  • 24:25 – Property #2: Your masterclass on how to buy in Sydney 😉  
  • 30:01 – Zero valuation and blood stains on the walls?!  
  • 32:17 – Property #3: Buying a block of land?!  
  • 35:59 – The results from hands-on vs. hands-off 
  • 40:19 – Starting late: “It’s not about being the richest person in the street.”  
  • 41:22 – Property #4: A regional crab shack  
  • 44:49 – Property #5: Ugly Ducklings are reliable and durable!  
  • 49:10 – Why Sydneysiders have an appetite for high-density 
  • 51:37 – The renovations she did in her last property  
  • 54:05 – How they afforded their dream lifestyle: A caravan in the middle of winter?!  
  • 56:20 – Catherine’s North Star + what’s next?  
  • 1:01:11 – “You can choose your own path…”  
  • 1:06:08 – Ben’s #1 simple question: Am I going to be ok?  
  • 1:09:26 – Catherine’s secret sauce for success  

 

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