X

473 | Juggling Teenagers, Divorce, and 4 Properties: How This Single Mum Conquered Her Financial Pain – Chat with Leisa

 

 

It’s no secret that maintaining a multi-property portfolio in a high-interest environment is hard. Now add in a difficult divorce and raising two teenagers in the most expensive phase of their lives and well…

You have the incredibly motivational and heart-warming story of Leisa, this week’s brilliant Summer Series guest. 

From her initial plan to own 10 properties (yep…things really have changed since the times when “he who dies with the most properties wins!”) to the revolving door of properties she’s bought and sold to juggle cash flow…

We follow Leisa on her jaw-dropping journey as she navigates holding onto her 4 properties, is blasted with a $15,000 levy fee, manages mortgage prison and much more on her journey to passive income retirement.

An inspirational tale for all, we hope Leisa’s story will inspire – particularly the middle-aged folks out there or solo supermums – who fear it’s too late for them to get onto the property ladder. Please just listen to this episode!

P.S. Merry Christmas folks! From Bryce, Ben & the team of Stigs, we hope you have a very safe and festive break 😊🎄🎅🎁

 

Free Stuff Mentioned

 

Timestamps

  • 0:00 – Juggling Teenagers, Divorce, and 4 Properties: How This Single Mum Conquered Her Financial Pain 
  • 1:34 – Welcome Leisa!  
  • 2:48 – The family decision that changed her life…  
  • 4:41 – Her eye-opening money experiences at boarding school 😮  
  • 8:33 – First jobs and her foray into property  
  • 11:09 – The 1st money management system she had  
  • 12:38 – How did she learn her money values?  
  • 13:51 – Buying Property #1  
  • 17:29 – Struck by a $15,000 levy – with no benefit?! 🙁  
  • 20:57 – Why did she choose a unit over a house?  
  • 22:13 – Property #2 and the family home!  
  • 24:13 – Selling a property, sheriffs & maternity leave… 
  • 28:05 – An original plan of 10 properties?!   
  • 31:00 – 6 properties in 5 years! 😮  
  • 34:25 – The Divorce: Just 12 hours to switch from joint to sole ownership!?  
  • 37:02 – THIS is how she continued to finance her property portfolio  
  • 42:01 – Why having aligned money values is SO critical!!  
  • 46:47 – Caught in mortgage prison & navigating a rising rate environment  
  • 48:52 – Getting creative with solutions  
  • 52:40 – Reworking her cash flow through tax!  
  • 54:22 – How to become problem aware (aka. Why most people DON’T achieve a self-funded retirement)  
  • 57:58 – Property as a financial backbone  
  • 1:00:08 – This is an absolute success story 😊  
  • 1:03:55 – Why did Leisa come onto the couch?  
  • 1:06:33 – Thank you Leisa! What an incredible story.  
  • 1:07:25 – For those holding, use this to see how long your money will last.  
  • 1:10:35 – Merry Christmas folks!!

 

472 | “We’re Moving to Kalgoorlie!”: Sacrifices, Savings, and Three Investment Properties Later – Chat with Amy

 

 

This week’s episode is about many things… 

💎 The boundless rewards that come from delayed gratification,
📚 The enlightening power of financial empowerment, and…
🧑‍🌾 Getting out of your comfort zone by heading to the outback.  

Meet Amy, today’s brave and resourceful Summer Series guest!  

Growing up with “tangible money values”, Amy would spend her early 20’s prioritising life experiences over financial gain until the age of 26 when she made 1 life-changing decision…  

This would completely change her financial future and allow her and Sam, her wife, to leap onto the property ladder in less than a year.   

Tune in to hear what this revolutionary decision was, their experience moving from the East Coast to the Outback and their diverse property investing journey.    

From their first hands-on property investment to the land purchase near Byron Bay to the joint venture with her parents, Amy’s story has many chapters full of laughs and good lessons along the way.  

An episode for those who are willing to get outside their comfort zone to get into the property game, listen in now! 

 

 

P.S. Did we mention…Amy’s been a Property Couch listener for 9 years?! What an honour to talk to a long-time listener 😊🌌✨ 

 

Free Stuff Mentioned

 

Timestamps

  • 0:00 – “We’re Moving to Kalgoorlie!”: Sacrifices, Savings, and Three Investment Properties Later 
  • 1:23 – Welcome Amy!  
  • 2:30 – Tangible money values & having parents who “taught them how to fish”  
  • 5:52 – 2 sisters, 2 different investing pathways  
  • 6:54 – Passing on these values to the kids… 
  • 8:08 – Travelling & spending on experiences in her 20s  
  • 9:47 – The money system she’s always used to save…  
  • 10:55 – The big sacrifice they had to make to get onto the property ladder  
  • 12:21 – From the Coast to Outback: The Move to Kalgoorlie!  
  • 14:19 – Why did Amy decide to financially educate herself?  
  • 17:00 – Why they chose their investing strategy!  
  • 17:21 – Their first investment property  
  • 19:19 – THIS is best asset they purchased!  
  • 21:13 – Why did they choose to invest and build a Granny Flat?  
  • 23:23 – Releasing Equity & Starting a Family  
  • 24:57 – Going borderless!  
  • 27:38 – Would she do it again?  
  • 29:51 – The joint venture with the parents!  
  • 32:45 – Her pragmatic approach to rates and land tax 
  • 36:16 – Into the future: Kids growing up and outgrowing the family home?  
  • 38:04 – What does money mean to Amy?  
  • 40:59 – Why she wanted to come onto the couch!  
  • 44:07 – Key Takeaways  
  • 45:37 – What an incredible story! Thank you Amy! 😊  

471 | How He Built His $2.3M Property Portfolio After Leaving School At Just 16 – Chat with Ethan

 

Folks, today marks the first episode of our much anticipated 2023/24 Summer Series!

We’re extraordinarily excited to sit down with some amazing listeners and dig into their money story, explore the steps they took to build their property portfolios and ultimately unpack the intriguing question (which is also the theme of this series…)

“What does money mean to YOU?”

As our 6th Summer Series, we’re spending this season digging deep into the psyche of the investor, understanding what motivates us ultimately as humans and understanding how we can use this knowledge to bolster us on our property journeys.

 

 

To start us off, we’re welcoming an incredibly hardworking and humble guest who realised at a young age that if he wanted anything in this life, he would have to make it happen himself. 

Ethan, today’s Summer Series guest, grew up with a younger brother with Down Syndrome and at just 16 years old,  was diagnosed with depression. Knowing that the school teaching system wasn’t working for him, he left school shortly after.

Over the next 14 years, Ethan has completely transformed his circumstances and now owns a 5-property portfolio worth 2.3 million dollars. 🤯

Tune in to discover how he bought his first property at 18 while earning apprentice wages (He was on $6 an hour folks!), why he continues to invest in Wodonga and the benefit of having a strong network and great tenants.  

Ethan was recently diagnosed with Aspergers, adding another layer to his incredible journey.    

 

Thank you for blasting off our 2023/24 Summer Series Ethan, what a truly motivational tale that showcases the importance of hard work and highlights that young people can get onto the property ladder! 

 

 

Free Stuff Mentioned

 

Timestamps

  • 0:00 – How He Built His $2.3M Property Portfolio After Leaving School At Just 16
  • 1:40 – Welcome Ethan!  
  • 2:39 – Money background & growing up with a brother with down syndrome  
  • 4:58 – The pivotal moment with Dad that transformed his world  
  • 8:35 – Same circumstances, two very different responses  
  • 10:35 – How was Ethan affected by his recent diagnosis?  
  • 11:40 – The life changing reason he left school  
  • 13:21 – Ethan’s golden advice to those who don’t thrive in the school system  
  • 16:09 – “You save for a house; you won’t have to pay for…”  
  • 17:35 – He’s NEVER used spreadsheets. Here’s how he budgeted instead. 
  • 18:44 – He was on $6 an hour?!?  
  • 19:15 – How no social media actually benefitted Ethan!  
  • 20:52 – How his Aspergers has helped him on his property journey 
  • 22:10 – The first property he bought at just 18!?  
  • 23:58 – Moving into his property & the wild gap year  
  • 26:48 – A death, using community brokers & his next property purchase  
  • 30:08 – Renovations and flipping properties 
  • 31:55 – Buying at Mortgage Auctions and the true benefit of networks!  
  • 33:51 – Ethan has always based his calculations on THIS… 
  • 34:49 – Why Ethan keeps choosing Wodonga  
  • 38:47 – Renovating his PPOR and his most recent property purchase  
  • 40:55 – The property he bought… from his neighbour?! 
  • 42:45 – Having great tenants (including one who’s renovated his property!)  
  • 45:20 – How has interest rates affected him?  
  • 47:19 – What does money mean to Ethan? (+ his next steps)  
  • 50:36 – The total value of his portfolio!  
  • 51:30 – Why did he decide to come onto the podcast?  
  • 53:02 – Relocating to Regional Towns: Benefits & Integrating into communities  
  • 57:13 – Thank you Ethan! What an awesome way to kick off our series! 🤗  

 

Jan Somers: How this Housewife Built Her Multimillion-Dollar Property Portfolio from Scratch

Please Note: This episode is a re-run. The original air date was on February 16, 2017. 😊  

In our FINAL bonus episode for 2023, we’re replaying an awesome episode with one of Bryce’s all-time property-investing heroes…  

Jan Somers!  

She is an incredibly humble housewife who is the author of 4 bestselling property books and is a successful property investor and educator extraordinaire.  

With her property portfolio spanning more than 40 years, we follow Jan’s motivational story from her first venture into property investing to her inspiration for writing her bestselling books, Building Wealth.   

Tune in now to hear her evergreen wisdom from the secret to improving your borrowing power, cultivating the right investing mindset, the types of properties Jan prefers to invest in, and much more!  

Listen now for an awesome blast-from-the-past episode! 🚀 🚀 🚀 

 

Free Stuff Mentioned

  • Check out Jan Somers’ bestselling books and software here >>  

 

Timestamps

  • 0:00 – Jan Somers: How this Housewife Built Her Multimillion-Dollar Property Portfolio from Scratch 
  • 3:29 – Mindset Minute: Beware of highlight reels!  
  • 4:55 – Welcome Jan Somers!  
  • 7:10 – The secret formula that led to success 
  • 8:25 – Her first mentor!  
  • 12:14 – Jan’s Golden Investing Principles 
  • 15:39 – The foolproof loan strategy Jan uses 
  • 18:01 – She was one of the first to do THIS!  
  • 21:33 – From humble beginnings: The origin of her first book  
  • 29:24 – Investing & Family  
  • 33:49 – “Security provides you with happiness”  
  • 37:31 – The biggest mistakes she made…  
  • 40:33 – Accumulating properties, tenants & investing Interstate 
  • 46:12 – Why do some properties perform better than others?  
  • 50:18 – The “living off equity principle” and retiring debt  
  • 54:26 – Financial messages Jan taught her kids  
  • 56:04 – Jan’s top tips for property investors  
  • 58:23 – Extra resources!  

And… 

  • 1:02:09 – Lifehack: Get 15 minutes back by turning off your notifications?!  
  • 1:03:51 – WMPN: Inside a $250M Bel Air house…

 

469 | How Auctions Really Work: The Hybrids, Negotiations & Courageously Uncomfortable Reserve Prices – Chat with Justin Nickerson

 

What are the best auction strategies for buyers when the hammer drops?   

Why should buyers use “Courageously Uncomfortable” reserve prices?  

And who do auctioneers really work for??  

 

Folks, these are just a few of the big questions we’re tackling today in an episode that’s all about the art of auctioning in Australia.  

Here to shed expert intel into this world is Justin Nickerson, Director of Apollo Auctions, the largest auctioneering business in Australasia, and the only Australian to win the Australasian Auctioneer of the Year 3 times in the award’s history.  

Justin is also the 5-time winner of the REIQ Auctioneer of the Year award, again being the only auctioneer in the state to achieve this distinction.   

Today, he’ll be using his knowledge earned at the coalface of auctions in Queensland (aka. some of the most challenging auctions) to share secret Buyers’ strategies that win from bidding quickly to keeping the pressure on to why online bidding might just work for you.  

He’ll give us a rare look into the Buyers experience of winning auctions, the crucial skills needed for those wanting to become an Auctioneer PLUS his craziest auction which saw 24.8M under the hammer 😮  

Yep, we know we blew this episode over our 1-hour mark, but BOY is it jam-packed with so many nuggets of wisdom. Seriously folks, tune in now!  

 

Free Stuff Mentioned

 

Timestamps

  • 0:00 – How Auctions Really Work: The Hybrids, Negotiations & Courageously Uncomfortable Reserve Prices 
  • 3:04 – Mindset Minute: Things don’t just happen, they happen just. 
  • 6:03 – Welcome Justin!  
  • 7:31 – Money Backstory: How he learned the power of compounding!  
  • 12:34 – The pivot into property 😊  
  • 17:13 – Should property be part of your wealth creation vehicle?  
  • 20:30 – From AFL to Auctions?!   
  • 25:38 – So you want to be an Auctioneer? These are the skills you need! 
  • 31:43 – Who do Auctioneers work for?  
  • 35:57 – Justin’s 2 fundamental beliefs & do Hybrid Auctions work?   
  • 38:22 – 15 Auctions in 1 day?! The Logistics behind Auctions 
  • 42:03 – Reserve Prices: Why you should be working with “Courageously Uncomfortable” Prices!  
  • 44:26 – Building trust during the auction 
  • 46:52 – Justin’s Top Bidding Strategies to Win  
  • 50:22 – Why bidding quickly works  
  • 53:08 – You should be watching the Buyers! Here’s why.  
  • 55:15 – $24.8M Under the Hammer?!  
  • 59:10 – What’s it like working in Prestigious Auctions?  
  • 1:02:00 – The Artform of Passing In at Auctions  
  • 1:04:49 – Online Bidding: “It’s all about choice.”  
  • 1:08:12 – Let’s Role Play: What would Justin do as a Buyer to secure a win  
  • 1:15:10 – Keeping an Open Mind  
  • 1:18: 24 – Thank you Justin! What an eye-opening episode 😊  

And… 

  • 1:22:04 – Lifehack: How to take notes for podcasts…  
  • 1:25:28 – WMPN: What’s really happening with Auction clearance rates??  

 

Instagram

Free Resources

What to be notified when there are
new updates & free resources?

  • This field is for validation purposes and should be left unchanged.

×

MONEY SMARTS SYSTEM

Plus We Will Also Notify You When We Release New Episodes

We Only Send You Awesome Stuff

×

SUGGEST A GUEST!

We Only Send You Awesome Stuff

×