All in Rental Property
This episode explores a form of investing that doesn’t often feature heavily in the wealth-building stories I usually share. I spoke at length with Lilly about the successful property investment business she and her husband, James, built together. The more I learned about how they deliberately grew their rental portfolio, the more I wanted to share their story as an example of how property, when done well, can be incredibly lucrative.
Jay reached out to me with a story to share about him and his wife Shelle and their property investment journey. He sees residential real estate as their way to riches, and he enjoys the ins and outs of the property market. He’s building on a foundation built by his whānau and continuing to grow his investments, with the main goal being for him and Shelle to hand them on to the next generation.
Kiri, her husband John and their four-year-old daughter had big plans for 2020, but we all know how 2020 unfolded and it was interesting to hear how they created a new strategy and maneuvered themselves into their first home and a more secure position right here in Aotearoa.
By working hard and being at the right place at the right time, Fatima had managed to buy several properties but there was a tipping point one day when she found herself seriously short on cash and having to borrow money from whanau. Fatima is not one to muck around, so she decided to implement some change and reintroduce some balance into her life.
In this final podcast of this series, I’m doing a recap of two people that I’ve spoken with earlier. Firstly Bret from episode #20, a guy who had gone from being a super consumer to someone who is finally in control of money. And Lucas from episode #28 who last time we met was staring down the barrel of a $1.2 million dollar mortgage. Both have come an extremely long way in a very short space of time.
Arataki is a woman who focuses on the collective and not on the individual and as she has moved through life she used some difficult experiences to not hold her back, but to drive her forward.
Lucas had reached a bit of a cross roads. He appeared to have what seems to be the Kiwi dream, a house and a rental property. Will Lucas stay on the treadmill that is the New Zealand housing market or will he step off?
Rachel and David have reached that nirvana that so many Kiwi’s are striving for. They draw their income from owning, debt free, several residential rental properties. An impossible dream for many but this couple share how they did it.
