The Property Playbook would like to acknowledge the traditional custodians of the lands of where this podcast is recorded. There were wondry people of the cooler nations acknowledging the culture, the history, and the connection to the lands of what we call home. Let's get into it.

The Property Playbook would like to acknowledge the traditional custodians of the lands of where this podcast is recorded. There were wondry people of the cooler nations acknowledging the culture, the history, and the connection to the lands of what we call home. Let's get into it.

Hello everybody, and welcome back to The Property Playbook, the podcast where we take you from A to V of all things property. My name is Jessica Ricky, and I'm a hopeful first home a buyer, but before I can afford to purchase myself, I'm asking for tips and tricks from our community and experts to help me along the way. Today, I'm back with another Property Diary where we chat to one of our beautiful community members to learn a little bit more about their story. And today's diarist sounds like she's been on a bit of a journey, so let me tell you all about her, she said, Hello, Property Playbook. I've read both she's on the money books and would love to share my experience and help the community. I've bought three houses, one through a first home owner's grant on my own that my partner then brought into a second home, and an investment property we've since sold our first house and flipped and rented out the investment. We also renovated our second home and used the equity to buy again, which we intend to do with our investment property divis. Thank you so much for joining me. It sounds like you've done a little bit of everything.

Hello everybody, and welcome back to The Property Playbook, the podcast where we take you from A to V of all things property. My name is Jessica Ricky, and I'm a hopeful first home a buyer, but before I can afford to purchase myself, I'm asking for tips and tricks from our community and experts to help me along the way. Today, I'm back with another Property Diary where we chat to one of our beautiful community members to learn a little bit more about their story. And today's diarist sounds like she's been on a bit of a journey, so let me tell you all about her, she said, Hello, Property Playbook. I've read both she's on the money books and would love to share my experience and help the community. I've bought three houses, one through a first home owner's grant on my own that my partner then brought into a second home, and an investment property we've since sold our first house and flipped and rented out the investment. We also renovated our second home and used the equity to buy again, which we intend to do with our investment property divis. Thank you so much for joining me. It sounds like you've done a little bit of everything.

Yes, we've been busy the last couple of years.

Yes, we've been busy the last couple of years.

Oh my goodness, it sounds like it. I already have questions, but before we get to them, let's start at the start. Can you tell me when and where did you make your first purchase?

Oh my goodness, it sounds like it. I already have questions, but before we get to them, let's start at the start. Can you tell me when and where did you make your first purchase?

Yeah? So my first purchase was in twenty seventeen. It was a townhouse in Canberra.

Yeah? So my first purchase was in twenty seventeen. It was a townhouse in Canberra.

Amazing and at the time, how much were you earning and what we're doing for work?

Amazing and at the time, how much were you earning and what we're doing for work?

At the time, I was earning about sixty five thousand and I worked in external recruitment, so kind of sales.

At the time, I was earning about sixty five thousand and I worked in external recruitment, so kind of sales.

Now. Did you make that first purchase by yourself or did you do it with anyone else?

Now. Did you make that first purchase by yourself or did you do it with anyone else?

I did just by myself and I was lucky enough to get the first homeowners grants, so that saved me about twenty thousand dollars at the time. And then about six months later, my partner brought into the property with me.

I did just by myself and I was lucky enough to get the first homeowners grants, so that saved me about twenty thousand dollars at the time. And then about six months later, my partner brought into the property with me.

Oh, I'm very interested to hear what that process was like. But before I get there, can you tell me a little bit about what your non negotiables were when looking for a property.

Oh, I'm very interested to hear what that process was like. But before I get there, can you tell me a little bit about what your non negotiables were when looking for a property.

So, for the first property, I always planned for it to be an investment down the track. So I was looking for something that was close to schools, easy to rent out, had a second bedroom. If it was to be rented by two people, or if I couldn't afford the mortgage by myself, I was going to try and get someone to rent with me. But I was pretty flexible with what I was looking for, just whatever was in my budget at the time.

So, for the first property, I always planned for it to be an investment down the track. So I was looking for something that was close to schools, easy to rent out, had a second bedroom. If it was to be rented by two people, or if I couldn't afford the mortgage by myself, I was going to try and get someone to rent with me. But I was pretty flexible with what I was looking for, just whatever was in my budget at the time.

I feel like when you're buying on your own, that's how you've got to be a little bit like You're like, I'll take what I can get. I'm not going to be fussy, and I will be very thankful for it. Now, how much did you spend on that first property?

I feel like when you're buying on your own, that's how you've got to be a little bit like You're like, I'll take what I can get. I'm not going to be fussy, and I will be very thankful for it. Now, how much did you spend on that first property?

That one was three hundred and ninety thousand.

That one was three hundred and ninety thousand.

And how much did you have in your deposit to make that purchase.

And how much did you have in your deposit to make that purchase.

I had ninety thousand.

I had ninety thousand.

That's a big deposit. That's twenty percent, isn't it.

That's a big deposit. That's twenty percent, isn't it.

Yeah, So I avoided the lender's mortgage insurance, which I was very lucky.

Yeah, So I avoided the lender's mortgage insurance, which I was very lucky.

Yeah, that's incredible. You said you use the first home owner's grant. Did you use any other government grants or schemes to help you?

Yeah, that's incredible. You said you use the first home owner's grant. Did you use any other government grants or schemes to help you?

No, that was the only one that I had.

No, that was the only one that I had.

Amazing And now looking back on your journey, it's been a lot over a very short period of time. Is there anything that you feel like you would want to change about it? Now?

Amazing And now looking back on your journey, it's been a lot over a very short period of time. Is there anything that you feel like you would want to change about it? Now?

Probably selling the unit that we had, So we got some advice from a financial advisor tax accountant, and essentially we were told that people renting it wouldn't look after it, and we're probably better off selling. And I was emotionally invested in the house and so I couldn't bear the idea of renting it out, even though I had bought it with that intention. So we panicked and we sold. Yeah, but we were approved to keep it. So I do regret that now.

Probably selling the unit that we had, So we got some advice from a financial advisor tax accountant, and essentially we were told that people renting it wouldn't look after it, and we're probably better off selling. And I was emotionally invested in the house and so I couldn't bear the idea of renting it out, even though I had bought it with that intention. So we panicked and we sold. Yeah, but we were approved to keep it. So I do regret that now.

And when you say the unit that was that very first house, wasn't it that you.

And when you say the unit that was that very first house, wasn't it that you.

Bought the first house? I bought yeap, So we used the equity from that to buy another house, and so we were always planning on keeping it. But once we bought another house, panicked and sold early and we missed out on getting a lot more money than we could have if we just waited a little bit longer.

Bought the first house? I bought yeap, So we used the equity from that to buy another house, and so we were always planning on keeping it. But once we bought another house, panicked and sold early and we missed out on getting a lot more money than we could have if we just waited a little bit longer.

Oh, that's so frustrating. You said financial advisor and then you said accountant. Which were they because we speaking or one or the other.

Oh, that's so frustrating. You said financial advisor and then you said accountant. Which were they because we speaking or one or the other.

Yeah, I don't actually know. He was my accountant, but he always said he could do financial advice, and so interesting. We took his advice on face value. We didn't do any further investigating. You're sort of just dipping our toes into wanting to invest, and it all seemed a bit too scary at the time.

Yeah, I don't actually know. He was my accountant, but he always said he could do financial advice, and so interesting. We took his advice on face value. We didn't do any further investigating. You're sort of just dipping our toes into wanting to invest, and it all seemed a bit too scary at the time.

Oh no, that's so frustrating. I'm so sorry to hear that that went that way. It was a good lesson, Yeah, one hundred percent. Even when you think you like someone, when you think you know someone, check their qualifications, maybe get a second opinion deding on what you're doing as well. Oh that's such a shame. But I do want to hear a little bit more. I guess about how that led you onto the next stage of your journey. When we come back from the other side of the break, don't go anywhere. Welcome back everybody. Today, I'm chatting to a property diarist who has bought three houses in the space of five years, which is wild six years actually, quick maths there from me, now, Property Diarist, you were just telling me about how you sold that first home on some advice which now is looking back you feel ac was not maybe the best advice for you, and you did that to then purchase your second home. It's obviously been quite a few years since you made that first purchase, Property Diarist, can you tell me a little bit about how your financial position has changed since that first property?

Oh no, that's so frustrating. I'm so sorry to hear that that went that way. It was a good lesson, Yeah, one hundred percent. Even when you think you like someone, when you think you know someone, check their qualifications, maybe get a second opinion deding on what you're doing as well. Oh that's such a shame. But I do want to hear a little bit more. I guess about how that led you onto the next stage of your journey. When we come back from the other side of the break, don't go anywhere. Welcome back everybody. Today, I'm chatting to a property diarist who has bought three houses in the space of five years, which is wild six years actually, quick maths there from me, now, Property Diarist, you were just telling me about how you sold that first home on some advice which now is looking back you feel ac was not maybe the best advice for you, and you did that to then purchase your second home. It's obviously been quite a few years since you made that first purchase, Property Diarist, can you tell me a little bit about how your financial position has changed since that first property?

Yep, so I have changed careers and I now earn about double what I was initially earning, so wow, just over one hundred and twenty six thousand. And of course having a second income has helped us to save a lot, which has helped us to get equity and things in the house.

Yep, so I have changed careers and I now earn about double what I was initially earning, so wow, just over one hundred and twenty six thousand. And of course having a second income has helped us to save a lot, which has helped us to get equity and things in the house.

Absolutely. What do you do now for work?

Absolutely. What do you do now for work?

I work in HR within the government.

I work in HR within the government.

Incredible. How did I suppose approaching a second purchase feel compared to that first one.

Incredible. How did I suppose approaching a second purchase feel compared to that first one.

I think we went in with a little bit more knowledge of what we wanted. We were definitely clearer on our non negotiables for the second property, and it took us a little bit longer. I also bought with my husband, so it was easier to have support rather than buying by myself. And we spent about three to four months looking for a property, so we were at open homes every single weekend afternoons. We looked at so many properties, so I feel like we went in with a lot more knowledge.

I think we went in with a little bit more knowledge of what we wanted. We were definitely clearer on our non negotiables for the second property, and it took us a little bit longer. I also bought with my husband, so it was easier to have support rather than buying by myself. And we spent about three to four months looking for a property, so we were at open homes every single weekend afternoons. We looked at so many properties, so I feel like we went in with a lot more knowledge.

And you're still living in that home now, aren't you. We are, yes, yeah, So were you looking for I guess a bit more of a forever home rather than something that you were going to kind of step along from.

And you're still living in that home now, aren't you. We are, yes, yeah, So were you looking for I guess a bit more of a forever home rather than something that you were going to kind of step along from.

Yeah, the plan was to be our forever or at least ten year home. We went in with the hopes of buying a ready to go property, something that had been renovated or that was ready to live in. We ended up buying something that was pretty dated and old and needed a lot of love. But it sparked this love for renovation for us. So it's been actually a nice little turn.

Yeah, the plan was to be our forever or at least ten year home. We went in with the hopes of buying a ready to go property, something that had been renovated or that was ready to live in. We ended up buying something that was pretty dated and old and needed a lot of love. But it sparked this love for renovation for us. So it's been actually a nice little turn.

That's very fun. I want to talk about that because I also have always loved the idea of renovating. But we had interior designer Alison Lewis on the show. She's done two episodes with us now talking about the process of renovating and flipping. How did you I asked this of her, and I'm curious to know your response as well. How did you figure out where to start? Because you can obviously walk into a home and go not the vibe, don't like it at all, feels dated, feels crusty, feels musty. But then from there, how did you go about figuring out Okay, well we need to take out the carpets, maybe because they're old and gross. Those things seem very obvious. But then when you renovate your it's not just a matter of necessarily pay the walls like you can do things far beyond that cosmetic kind of upgrading. Did you do more in depth renovations?

That's very fun. I want to talk about that because I also have always loved the idea of renovating. But we had interior designer Alison Lewis on the show. She's done two episodes with us now talking about the process of renovating and flipping. How did you I asked this of her, and I'm curious to know your response as well. How did you figure out where to start? Because you can obviously walk into a home and go not the vibe, don't like it at all, feels dated, feels crusty, feels musty. But then from there, how did you go about figuring out Okay, well we need to take out the carpets, maybe because they're old and gross. Those things seem very obvious. But then when you renovate your it's not just a matter of necessarily pay the walls like you can do things far beyond that cosmetic kind of upgrading. Did you do more in depth renovations?

Most of our renovations have been cosmetic. We haven't been knocking down or changing the layout. And I'm very lucky that my husband is a trade as is his whole family and friends, so we have been able to lean on them for guidance. When we bought the house, we as soon as we saw it we knew what we wanted to do, so we had started purchasing tiles and vanities and things like that before we even moved in.

Most of our renovations have been cosmetic. We haven't been knocking down or changing the layout. And I'm very lucky that my husband is a trade as is his whole family and friends, so we have been able to lean on them for guidance. When we bought the house, we as soon as we saw it we knew what we wanted to do, so we had started purchasing tiles and vanities and things like that before we even moved in.

Wow, that's cool. We had a real head start.

Wow, that's cool. We had a real head start.

Yeah, yeah, we knew how we were going to do it, so we broke it into sections, which made it hard to live in when we were renovating living areas. Yeah, but we've kind of done it bit by bit and we've done everything ourselves.

Yeah, yeah, we knew how we were going to do it, so we broke it into sections, which made it hard to live in when we were renovating living areas. Yeah, but we've kind of done it bit by bit and we've done everything ourselves.

That's very cool. So you're obviously your husband is a trade so he definitely had experience. Had you tackled any kind of project like this before? Are you fully leaning on him?

That's very cool. So you're obviously your husband is a trade so he definitely had experience. Had you tackled any kind of project like this before? Are you fully leaning on him?

Fully leaning on him?

Fully leaning on him?

Yeah? Do you feel like you've got a bunch of new skills now?

Yeah? Do you feel like you've got a bunch of new skills now?

Like?

Like?

What have you done? What type of things have you done by yourself?

What have you done? What type of things have you done by yourself?

I do. We tiled with really big tiles in the house and it was just he and I doing it, so lifting and placing tiles, learning how to glue them down with him painting. Pretty much everything was new to me. But I've loved all of it.

I do. We tiled with really big tiles in the house and it was just he and I doing it, so lifting and placing tiles, learning how to glue them down with him painting. Pretty much everything was new to me. But I've loved all of it.

Have you found do you know how people say Ikea furniture is like a relationship test. I feel like renovating a house together is like Ikea furniture on steroids? Have you found it a relatively easy process or have you had a couple of moments here and there.

Have you found do you know how people say Ikea furniture is like a relationship test. I feel like renovating a house together is like Ikea furniture on steroids? Have you found it a relatively easy process or have you had a couple of moments here and there.

It's been relatively easy for us, but we've certainly had hurdles. We also six months into renovating. We got engaged, and then twelve months in we got married. So we've had a lot on top of renovating, but somehow we've made it work. I'm not sure. It's been pretty easy for us.

It's been relatively easy for us, but we've certainly had hurdles. We also six months into renovating. We got engaged, and then twelve months in we got married. So we've had a lot on top of renovating, but somehow we've made it work. I'm not sure. It's been pretty easy for us.

Wow, that's so impressive. I want to step backwards just for a second, back to that house because of this one. You guys bought together, which is a little bit more of a straightforward process. What was it like having your partner at the time buy into the house that you already owned. How did you come to the decision that he was going to, I suppose, buy into your property. Did hear in any property before?

Wow, that's so impressive. I want to step backwards just for a second, back to that house because of this one. You guys bought together, which is a little bit more of a straightforward process. What was it like having your partner at the time buy into the house that you already owned. How did you come to the decision that he was going to, I suppose, buy into your property. Did hear in any property before?

So he was still living at home and saving and he had a full deposit for a house, so he had about twenty percent saved, and he was looking at buying his own house, and it just made sense that we lived together. We'd only been together for about three months, but we were both like all in or nothing.

So he was still living at home and saving and he had a full deposit for a house, so he had about twenty percent saved, and he was looking at buying his own house, and it just made sense that we lived together. We'd only been together for about three months, but we were both like all in or nothing.

Aw when you know, you know, yeah, pretty.

Aw when you know, you know, yeah, pretty.

Much, So he moved in with me. We agreed that he would pay like a rent towards the mortgage and test it out for a few months, and we both just knew it was working. So we immediately wanted him on the mortgage as well. He put into my account part of his deposit, and then we got a scheme through the government that was I think it was called a Care and Compassion which meant that he didn't have to pay stamp duty when he brought into the property as well.

Much, So he moved in with me. We agreed that he would pay like a rent towards the mortgage and test it out for a few months, and we both just knew it was working. So we immediately wanted him on the mortgage as well. He put into my account part of his deposit, and then we got a scheme through the government that was I think it was called a Care and Compassion which meant that he didn't have to pay stamp duty when he brought into the property as well.

Yeah, okay, amazing. Did you guys put any I suppose formalized agreement in place? Did you have a BFA or anything like that, or did you just kind of go, we're going to make this work and figure it out.

Yeah, okay, amazing. Did you guys put any I suppose formalized agreement in place? Did you have a BFA or anything like that, or did you just kind of go, we're going to make this work and figure it out.

Pretty much, We're just going to make this work and figure it out. We didn't have any legal advice or put anything in place beforehand. It was really one of those things when you know, you know, and it just made sense to us.

Pretty much, We're just going to make this work and figure it out. We didn't have any legal advice or put anything in place beforehand. It was really one of those things when you know, you know, and it just made sense to us.

There was a lot of trust there. And so did you guys end up contributing I suppose because obviously he put a deposit in, you'd already owned it, you'd put down a deposit, and you've been paying the mortgage for a while. Did it kind of come out to be around equal contributions or was it more heavily weighted towards you because you had obviously been paying for it for a bit longer.

There was a lot of trust there. And so did you guys end up contributing I suppose because obviously he put a deposit in, you'd already owned it, you'd put down a deposit, and you've been paying the mortgage for a while. Did it kind of come out to be around equal contributions or was it more heavily weighted towards you because you had obviously been paying for it for a bit longer.

To be honest, we never really did the maths. I think it was pretty even contribution from both of us once he gave me that deposit.

To be honest, we never really did the maths. I think it was pretty even contribution from both of us once he gave me that deposit.

Yeah, and now that you're married, I'm assuming you just share your finances and it's kind of all all come out in the wash.

Yeah, and now that you're married, I'm assuming you just share your finances and it's kind of all all come out in the wash.

Yeah, everything is shd Yeah.

Yeah, everything is shd Yeah.

Wow, that's so interesting. I'm really glad that that worked out for you, because there's definitely was the potential for that to go the other way, but it seems like it's really all been for the best. And so you sold that house together, you purchased the home that you've moved into, and you've renovated and been doing all of those really fun things. And then somewhere along the way, you've also purchased an additional investment property. So tell me about that.

Wow, that's so interesting. I'm really glad that that worked out for you, because there's definitely was the potential for that to go the other way, but it seems like it's really all been for the best. And so you sold that house together, you purchased the home that you've moved into, and you've renovated and been doing all of those really fun things. And then somewhere along the way, you've also purchased an additional investment property. So tell me about that.

Yes, So earlier this year, we have quite a bit saved in our bank account, and I was actually reading the shoes on the money book, and we've been thinking for a little while that we wanted to do something more with the money that we had sitting there, and one day we just said, why don't we buy another house? And so we started looking at what our options were to use the equity that we had built in our current house, and we were really lucky that we had built quite a bit of equity that we were able to use in buying the investment property.

Yes, So earlier this year, we have quite a bit saved in our bank account, and I was actually reading the shoes on the money book, and we've been thinking for a little while that we wanted to do something more with the money that we had sitting there, and one day we just said, why don't we buy another house? And so we started looking at what our options were to use the equity that we had built in our current house, and we were really lucky that we had built quite a bit of equity that we were able to use in buying the investment property.

Yeah, did you talk to I know you obviously had that accountant slash financial advisor you is verke to for the first house. Did you talk to anybody before getting set up in an investment property? Were there any resources you looked into, because obviously having an investment property is very different from having something that you're living in yourself.

Yeah, did you talk to I know you obviously had that accountant slash financial advisor you is verke to for the first house. Did you talk to anybody before getting set up in an investment property? Were there any resources you looked into, because obviously having an investment property is very different from having something that you're living in yourself.

We didn't go to a financial advisor or get professional advice, but we did go to a broker and at first it was kind of let's just see if we would even get approved, and then it escalated quite quickly, and about a month later we were making an offer and purchasing.

We didn't go to a financial advisor or get professional advice, but we did go to a broker and at first it was kind of let's just see if we would even get approved, and then it escalated quite quickly, and about a month later we were making an offer and purchasing.

Wow, it very very fast. It sounds like, what kind of things were you looking for in your investment property? Did they differ from the things that you were looking for in your own occupier.

Wow, it very very fast. It sounds like, what kind of things were you looking for in your investment property? Did they differ from the things that you were looking for in your own occupier.

It definitely differed. We were looking for something that was in a good location, something that we thought would be easy to rent out, and initially we were looking at something we were going to renovate. It was something that we wanted to set and forget, and we actually had an offer on something paid the deposit. The day before we were meant to exchange, we were told that we were gazumped and that we had lost the property.

It definitely differed. We were looking for something that was in a good location, something that we thought would be easy to rent out, and initially we were looking at something we were going to renovate. It was something that we wanted to set and forget, and we actually had an offer on something paid the deposit. The day before we were meant to exchange, we were told that we were gazumped and that we had lost the property.

Oh my gosh.

Oh my gosh.

And we ended up with the place that we did buy, which was a much better property in the end, so it ended up working out for the better.

And we ended up with the place that we did buy, which was a much better property in the end, so it ended up working out for the better.

I had to, Yeah, adjust your expectations. So what level of renovation did you do to that investment property?

I had to, Yeah, adjust your expectations. So what level of renovation did you do to that investment property?

So we ripped out all the flooring and put new flooring in, painted a lot of it, and then just some like painting out the front to make it look neat again.

So we ripped out all the flooring and put new flooring in, painted a lot of it, and then just some like painting out the front to make it look neat again.

Yeah, putting all your newfound skills to work. Yeah, that's awesome. How long ago did you purchase that investment property?

Yeah, putting all your newfound skills to work. Yeah, that's awesome. How long ago did you purchase that investment property?

In April twenty twenty three, so we're only a couple of months.

In April twenty twenty three, so we're only a couple of months.

In very new How are you finding being a landlord? Are you liking it?

In very new How are you finding being a landlord? Are you liking it?

It's really easy. We're also fortunate that we know our ten so we're renting it privately.

It's really easy. We're also fortunate that we know our ten so we're renting it privately.

Yep.

Yep.

And they're really easy to work with, so it makes it a lot easier on us.

And they're really easy to work with, so it makes it a lot easier on us.

How did you know them before they moved in?

How did you know them before they moved in?

They are friends of friends.

They are friends of friends.

Okay, incredible. How has the process been, because I think it's really interesting. You're doing it yourself, so you don't necessarily have those super structured, formalized processes in place, like if you were to have a property manager or something like that. How has the experience been for you? Firstly learning how to be a landlord because it's very different from being a tenant or just owning your own home. And then how has the experience been knowing those tenants directly as well? Because I feel like sometimes if that's the case, do you feel like you have to handle situations a little bit differently because you do know them, they're not just like random people.

Okay, incredible. How has the process been, because I think it's really interesting. You're doing it yourself, so you don't necessarily have those super structured, formalized processes in place, like if you were to have a property manager or something like that. How has the experience been for you? Firstly learning how to be a landlord because it's very different from being a tenant or just owning your own home. And then how has the experience been knowing those tenants directly as well? Because I feel like sometimes if that's the case, do you feel like you have to handle situations a little bit differently because you do know them, they're not just like random people.

So far, it's been pretty good. One of my friends was a property manager before, so I got a lot of advice through her on how to set it up. We still downloaded a contract off the Act government website, so we have a tendency agreement in place. We were really upfront. We still have bond and all of those things that you would normally do, and it sort of feels like I set and forget. They've got an automatic payment into our account. We automatically move it into a different account. There's not a lot of thinking behind it. So so far it's been really.

So far, it's been pretty good. One of my friends was a property manager before, so I got a lot of advice through her on how to set it up. We still downloaded a contract off the Act government website, so we have a tendency agreement in place. We were really upfront. We still have bond and all of those things that you would normally do, and it sort of feels like I set and forget. They've got an automatic payment into our account. We automatically move it into a different account. There's not a lot of thinking behind it. So so far it's been really.

Good, all very self sufficient. It sounds like, is that property positively gared? Is it all being covered at the moment, You're not having to think about it at all?

Good, all very self sufficient. It sounds like, is that property positively gared? Is it all being covered at the moment, You're not having to think about it at all?

Unfortunately not. It's yeah, the opposite. It's costing us about three hundred dollars a week just for the mortgage, and then we've got rates, insurances and things like that on top, so we are pretty negatively gid and we're hoping that will help us at tax time.

Unfortunately not. It's yeah, the opposite. It's costing us about three hundred dollars a week just for the mortgage, and then we've got rates, insurances and things like that on top, so we are pretty negatively gid and we're hoping that will help us at tax time.

Yeah, it's tough out there with the rates being what they are at the moment, isn't it? But good that you can obviously leverage it at tax time to kind of figure things out. With all of the different properties you've gotten that you've had so your three homes in at this point, what do you feel like your biggest learning has been Because you've had three kind of different kinds of purchases almost You've got one where you did it by yourself and then you had your partner come in. You've done one where you've purchased with your partner, and then you've obviously purchased as an investment specifically as well. So you've got a very broad range of experience, which is really impressive considering your young and your fresh faced and you've done this all in the past, you know, six or seven years. What do you feel like is your biggest kind of learning across all three of those processes.

Yeah, it's tough out there with the rates being what they are at the moment, isn't it? But good that you can obviously leverage it at tax time to kind of figure things out. With all of the different properties you've gotten that you've had so your three homes in at this point, what do you feel like your biggest learning has been Because you've had three kind of different kinds of purchases almost You've got one where you did it by yourself and then you had your partner come in. You've done one where you've purchased with your partner, and then you've obviously purchased as an investment specifically as well. So you've got a very broad range of experience, which is really impressive considering your young and your fresh faced and you've done this all in the past, you know, six or seven years. What do you feel like is your biggest kind of learning across all three of those processes.

I think probably the relationships that you build with real estate agents, brokers, accountants. I think that that is a big part of what got us to where we are is having a good relationship with real estate agents. We bought the house we're in now off market, and we probably wouldn't have got that if it wasn't for keeping in touch with people, and it's also the reason we got gazumped in and other property. So I think that's probably the biggest learning, is to keep in touch with people and build strong relationships and make sure you have a strong network, whether it's a good broker or a good solicitor, yeah, real estate agents, things like that.

I think probably the relationships that you build with real estate agents, brokers, accountants. I think that that is a big part of what got us to where we are is having a good relationship with real estate agents. We bought the house we're in now off market, and we probably wouldn't have got that if it wasn't for keeping in touch with people, and it's also the reason we got gazumped in and other property. So I think that's probably the biggest learning, is to keep in touch with people and build strong relationships and make sure you have a strong network, whether it's a good broker or a good solicitor, yeah, real estate agents, things like that.

Yeah, it pays to have a dossier of your property experts that you can lean on when you're looking to purchase. The one other thing I wanted to ask you, and it's a little bit selfish, that purchasing that first home by yourself as a young female is obviously very inspiring at something I'm hoping to do, in something that I know a lot of other listeners in our community are hoping to do. Did you run into any roadblocks doing that or was it all relatively easy?

Yeah, it pays to have a dossier of your property experts that you can lean on when you're looking to purchase. The one other thing I wanted to ask you, and it's a little bit selfish, that purchasing that first home by yourself as a young female is obviously very inspiring at something I'm hoping to do, in something that I know a lot of other listeners in our community are hoping to do. Did you run into any roadblocks doing that or was it all relatively easy?

Yes? I did have some roadblocks. It was a brand new build and the builder was very old school, and unfortunately when I moved in, I did have some defects that I needed help getting repaired, and he actually refused to speak to me and would only speak to my partner when my partner would come over.

Yes? I did have some roadblocks. It was a brand new build and the builder was very old school, and unfortunately when I moved in, I did have some defects that I needed help getting repaired, and he actually refused to speak to me and would only speak to my partner when my partner would come over.

Are you joking? No, that makes me so mad.

Are you joking? No, that makes me so mad.

It would make me really frustrated too. And the real estate agent that I bought from ended up moving to Melbourne and blocked my number. I couldn't contact anyone, so I had to go through a lot of legal battles to get them to repair a few things at the property through my partner because they wouldn't talk to me. So I definitely face challenges.

It would make me really frustrated too. And the real estate agent that I bought from ended up moving to Melbourne and blocked my number. I couldn't contact anyone, so I had to go through a lot of legal battles to get them to repair a few things at the property through my partner because they wouldn't talk to me. So I definitely face challenges.

That is crazy to me that you're the sole purchaser, like you're the person on the contract, You're the person that they've built this house. For the fact that he wouldn't even talk to you, I can't imagine. Did you end up providing feedback or anything to that company when you were done about your experience.

That is crazy to me that you're the sole purchaser, like you're the person on the contract, You're the person that they've built this house. For the fact that he wouldn't even talk to you, I can't imagine. Did you end up providing feedback or anything to that company when you were done about your experience.

My understanding is that the company went into liquidation and they are no longer.

My understanding is that the company went into liquidation and they are no longer.

Yeah, okay, a little bit of carmor. It sounds like coming around there. Oh no, wow, it's so hard. I obviously haven't gotten anywhere near as far along as you have, But it's really crazy to me that we live in twenty twenty three and there definitely are still people out there who have these assumptions or these old school mentalities around women owning property, being in charge of property, doing anything significant like that for themselves. It's just crazy that people are still experiencing that level of discrimination. Really is what it is, isn't it.

Yeah, okay, a little bit of carmor. It sounds like coming around there. Oh no, wow, it's so hard. I obviously haven't gotten anywhere near as far along as you have, But it's really crazy to me that we live in twenty twenty three and there definitely are still people out there who have these assumptions or these old school mentalities around women owning property, being in charge of property, doing anything significant like that for themselves. It's just crazy that people are still experiencing that level of discrimination. Really is what it is, isn't it.

Yeah, it's frustrating, but it's also rewarding to know that you can do it on your own.

Yeah, it's frustrating, but it's also rewarding to know that you can do it on your own.

Yeah, you're killing it, and you really truly are. It sounds like you've done some amazing things, and I love that you've gotten to try a little bit of all the different kinds of processes that we've been talking about this season. That's really fun and really cool. Well, thank you so much for taking the time to share your story with us today. Property Darist. I'm feeling very inspired hearing from another woman who has done some incredible things all on her own and then partner as well, which you love to see it. Guys, if you've enjoyed the episode, we would love for you to join us on Facebook. We have a group where people are sharing tips and tricks and ideas every single day. You can search Property Playbook to find us. We're also on Instagram. Property Playbook a US where we're sharing content every day. And that's it. If you've enjoyed the episode, we'd love a little review, tell me I'm doing a good job. I'll take any and all compliments and softly worded kind feedback as well if you have any of that. But until next time, thank you so much for listening and we'll see you on Tuesday. Bye.

Yeah, you're killing it, and you really truly are. It sounds like you've done some amazing things, and I love that you've gotten to try a little bit of all the different kinds of processes that we've been talking about this season. That's really fun and really cool. Well, thank you so much for taking the time to share your story with us today. Property Darist. I'm feeling very inspired hearing from another woman who has done some incredible things all on her own and then partner as well, which you love to see it. Guys, if you've enjoyed the episode, we would love for you to join us on Facebook. We have a group where people are sharing tips and tricks and ideas every single day. You can search Property Playbook to find us. We're also on Instagram. Property Playbook a US where we're sharing content every day. And that's it. If you've enjoyed the episode, we'd love a little review, tell me I'm doing a good job. I'll take any and all compliments and softly worded kind feedback as well if you have any of that. But until next time, thank you so much for listening and we'll see you on Tuesday. Bye.