Pay-Off Your Mortgage In 3 Years by Rentvesting

🏠 Steve Elbourn went from being evicted and living in a granny flat to have a debt free PPOR in three years. 

 

❌ He grew up in NSW Central Coast (Woy Woy) in housing commission, with no family history in property investing. 

 

💸 After initially buying & selling a couple of properties at an early age, he found himself renting for over 20 years. 

 

🎓 After re-marrying, and being evicted from his rental, he decided to get financially educated. Steve dove into research, podcasts, forums, trend analysis and decided he would "Rentvest".

 

📈 Through this strategy he bought three properties, often under-market value, which had huge growth as Covid induced a property boom. 

 

😮 Hear how he made mistakes along the way, how he structured his properties, how he overcame borrowing power hurdles and his best advice for other investors. 

 

💡 It's an inspiring story how an everyday person gained the option to become mortgage-free in just three short years.

 

 

Discussion Points:

00:00: Introduction

02:26: Breaking down Steve’s investing journey 

14:19: Putting together a house deposit during COVID-19

23:47: Ready to buy: applying theory to practice 

26:17: Finding confidence in difficult times

31:25: Using equity to get a deposit for an off-market deal

36:13: Doing the research and learning from mistakes 

39:31: Biggest advice to a younger self

45:08: Conclusion 

 

 

About The Host:

Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. 

PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. 

 

Resources:         

• Watch FREE Trainings On Our Website  👉 https://consultingbypk.com.au/        
• Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors  👉  https://www.facebook.com/groups/passiveincomethroughproperty
• Watch No Nonsense Property Market Insights On Our YouTube Channel  👉https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta

 

 

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