EP 010: Many years ago, I attended a mastermind event.

I was only a couple of years into my business journey and relatively green.

I’ll never forget the impact it had on me.

Spending time with other successful business owners and understanding what was working for them.

…What were they focused on?
…How did they spend their time?
…How did they make their money?

It opened my eyes to what I wasn’t doing.

What I didn’t see in my own business.

Across the next 6 months, my business doubled.

All because of the perspective change and learnings from the business owners I met at that mastermind event.

The same thing applies to wealth creation.

A lot of the time people miss out on opportunities because they can't see them or know they exist.

In this episode of the podcast, I hope to recreate the experience of that event.

Showing you behind the scenes of one of my investments.

And hopefully, at the end of this episode, you’re able to imagine what is possible for you, too.



Episode Highlights:
00:00 Introduction
03:05 The power of knowing what’s possible
05:22 Charley’s hybrid investing goal
08:15 About Charley’s best investment property
11:11 Finding out about the property
16:29 The costs and process of financing the property
22:15 Additional costs and fees
25:58 The property’s income and expenses
30:57 Has the property always been cashflow positive?
34:14 Refinancing the loan
37:24 The advantages of paying interest-only
40:00 The pitfalls of fixed interest rates
43:06 How much the property is worth now
45:44 Charley’s plans for the investment property
48:17 Mitigating risks associated with the investment 
52:16 The risk of inaction
53:45 Lessons learned from acquiring the property

If you enjoyed this episode, be sure to subscribe, tune in and share this podcast! 



Resources:
○ Business and Investing website: https://www.businessandinvesting.com/ 

○ Episode 005: Core Wealth Creation Concepts Only Top Investors Know https://youtu.be/4XZgeFI7MSU 

○ Episode 007: How Borrowing Money is Different for Australian Business Owners with Aaron Whybrow https://youtu.be/Qtz20zTniiU 

○ Connect with Dashdot and Diagnostics and Finance through https://businessandinvesting.com/partners/dashdot/https://businessandinvesting.com/partners/diagnostics-and-finance/



Subscribe:

○ Subscribe on Youtube: https://www.youtube.com/@businessandinvesting 

○ Subscribe on Apple Podcast: https://podcasts.apple.com/au/podcast/business-investing/id1607453342



Connect with Business and Investing: 

○ Join the Business and Investing Community: https://www.facebook.com/groups/440140397804480

○ Follow us on Facebook: https://www.facebook.com/businessandinvestingcom

○ Follow us on Instagram: https://www.instagram.com/businessandinvestingcom

○ Follow us on TikTok: https://www.tiktok.com/@businessandinvestingcom

○ Send your enquiries or drop by to say hello: grant@businessandinvesting.com



DISCLAIMER:

All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision. 

EP 010: Many years ago, I attended a mastermind event.
I was only a couple of years into my business journey and relatively green. I’ll never forget the impact it had on me. Spending time with other successful business owners and understanding what was working for them.
…What were they focused on? …How did they spend their time? …How did they make their money?
It opened my eyes to what I wasn’t doing.
What I didn’t see in my own business.
Across the next 6 months, my business doubled.
All because of the perspective change and learnings from the business owners I met at that mastermind event. The same thing applies to wealth creation. A lot of the time people miss out on opportunities because they can't see them or know they exist.
In this episode of the podcast, I hope to recreate the experience of that event. Showing you behind the scenes of one of my investments.
And hopefully, at the end of this episode, you’re able to imagine what is possible for you, too.
 
Episode Highlights: 00:00 Introduction 03:05 The power of knowing what’s possible 05:22 Charley’s hybrid investing goal 08:15 About Charley’s best investment property 11:11 Finding out about the property 16:29 The costs and process of financing the property 22:15 Additional costs and fees 25:58 The property’s income and expenses 30:57 Has the property always been cashflow positive? 34:14 Refinancing the loan 37:24 The advantages of paying interest-only 40:00 The pitfalls of fixed interest rates 43:06 How much the property is worth now 45:44 Charley’s plans for the investment property 48:17 Mitigating risks associated with the investment  52:16 The risk of inaction 53:45 Lessons learned from acquiring the property
If you enjoyed this episode, be sure to subscribe, tune in and share this podcast! 
 
Resources: ○ Business and Investing website: <a href="https://www.businessandinvesting.com/">https://www.businessandinvesting.com/ </a>
○ Episode 005: Core Wealth Creation Concepts Only Top Investors Know <a href="https://youtu.be/4XZgeFI7MSU">https://youtu.be/4XZgeFI7MSU </a>
○ Episode 007: How Borrowing Money is Different for Australian Business Owners with Aaron Whybrow <a href="https://youtu.be/Qtz20zTniiU">https://youtu.be/Qtz20zTniiU </a>
○ Connect with Dashdot and Diagnostics and Finance through <a href="https://businessandinvesting.com/partners/dashdot/">https://businessandinvesting.com/partners/dashdot/</a>  <a href="https://businessandinvesting.com/partners/diagnostics-and-finance/">https://businessandinvesting.com/partners/diagnostics-and-finance/</a> 
 
Subscribe:
○ Subscribe on Youtube: <a href="https://www.youtube.com/@businessandinvesting ">https://www.youtube.com/@businessandinvesting </a>
○ Subscribe on Apple Podcast: <a href="https://podcasts.apple.com/au/podcast/business-investing/id1607453342">https://podcasts.apple.com/au/podcast/business-investing/id1607453342</a> 
 
Connect with Business and Investing: 
○ Join the Business and Investing Community: <a href="https://www.facebook.com/groups/440140397804480">https://www.facebook.com/groups/440140397804480</a>
○ Follow us on Facebook: <a href="https://www.facebook.com/businessandinvestingcom">https://www.facebook.com/businessandinvestingcom</a>
○ Follow us on Instagram:<a href="https://www.instagram.com/businessandinvestingcom"> https://www.instagram.com/businessandinvestingcom</a>
○ Follow us on TikTok: <a href="https://www.tiktok.com/@businessandinvestingcom">https://www.tiktok.com/@businessandinvestingcom</a>
○ Send your enquiries or drop by to say hello: <a href="mailto:grant@businessandinvesting.com">grant@businessandinvesting.com</a>
 
DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!

The Business & Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.

Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.

*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

It’s absolutely possible for a business owner, like you, to have it all. The only limiting factor to success in your business and in your life is you, the business owner!
The Business &amp; Investing podcast exists to help you overcome your limits. Hosted by successful Australian entrepreneurs Grant Merriel and Charley Valher, the show is dedicated to sharing information, insights and tools to help business owners, like yourself, build a stable, thriving business that unlocks your money and life goals.
Grant and Charley both dive into their own experiences with their fellow Australian business owners and trusted professionals to help you become the best Full Stack Business Owner.
*Disclaimer - We are just like you, Australian business owners, and everything we discuss is intended for entertainment and educational purposes only and is not financial advice. Always seek professional advice before making any decision when it comes to wealth creation.

Helping business owners generate wealth inside and outside of their business.

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