Money Mechanics with Scott MalcolmMoney Mechanics with Scott Malcolm

Unpacking Rentvesting with Lorna Wang

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After only hearing about the good things going on with property I bought my first investment at the age of 22 šŸ™ŒšŸ¼ It was a huge milestone that I'd been working towards for many years but I was naive and uneducated šŸ¤” in this space which led to a massive missed opportunity šŸ˜£

Over the subsequent years I built a successful career in recruitment but knew I wanted a way out at some point. To allow me to pivot into something else I knew investing was an avenue to provide me the ability. Even though I'd bought a dud šŸ‘ŽšŸ¼ as a novice investor I was able to turn it all around ā†©ļø with the help of buyers agency, InvestorKit which was my missing puzzle piece šŸ§© to be successful in real estate investing. I purchased 4 more properties over the course of 2.5 years and held a portfolio of 5 properties by the age of 30, now worth $2.7M šŸš€

This experience has ignited my passion ā¤ļøā€šŸ”„ to prevent others from making large financial commitments to an asset that doesn't produce the outcome they're hoping for šŸ’ø

I'm now working as a Buyers Agent, partnering with InvestorKit (Buyers Agency of the Year 2023 šŸ†) who is known for their industry leading property market insights and data-driven decision making in uncovering the top performing locations across the country.

As a Buyers Agent I represent the buyer in the real estate transaction providing full end-to-end service from;
- strategy creation ā™Ÿļø and portfolio mapping šŸ“
- discovering outperforming locations across the Australian property market šŸ“Š
- sourcing desirable properties both on and off market šŸ”Ž
- networking with real estate agents šŸ“ž
- negotiating at relevant stages of the buying process šŸ¤šŸ¼
- ensuring a property is successfully settled and tenanted āœ…
- all whilst helping my clients stay accountable to their long term investing goals šŸ’ŖšŸ¼

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Connect with Lorna here:

www.lornawang.com.au

https://www.linkedin.com/in/lorna-wang-59450255

https://www.instagram.com/lornawang.buyersagent/

https://www.facebook.com/lorna.wang/

https://www.tiktok.com/@lornawang.au?_t=8gNpcZW1n2k&_r=1

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Thanks for listening!Ā  We love your support, please subscribe, review, comment and share this episode to help empower and educate more folks around the money stuff!

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www.moneymechanics.com.au

www.scottmalcolm.com.au

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Money Mechanics Pty Ltd (ABN 64 136 066 272) is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd (ABN 47 097 797 049) AFSL and Australian Credit Licence No. 236523

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General Advice WarningĀ Information in this podcast has been prepared for general information purposes only and not as specific advice to any particular person.Ā 

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Any advice contained is General Advice and does not take into account any person's particular investment objectives, financial situation and particular needs. Ā Before making an investment decision based on this advice you should consider, with or without the assistance of a qualified adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. Ā Past performance of financial products is no assurance of future performance. Ā Product Disclosure Statements contain information necessary for you to make a decision whether or not to invest in financial products which may be mentioned in this podcast. Ā 

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