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In this episode, Michael shares his personal investing journey, ignited by a friend's early retirement through property investment. This experience inspired him to delve into real estate investing, starting with his first property and focusing on fringe real estate.
He discusses how understanding property investment can lead to financial freedom, encouraging others to explore how to invest in real estate effectively. This path has been pivotal in shaping his approach to building wealth through property, with the goal of FIRE (Financial Independence, Retire Early).
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Get a FREE tax depreciation estimate for your investment property: https://duotax.com.au/property-tax-depreciation/
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CHAPTERS
00:00 - Intro
01:04 - Michael's Bakcground
01:58 - Starting Investing & FIRE
03:12 - First Property & Fringe Suburbs
05:14 - Residential & Commercial Investments
07:37 - Professional Team
08:19 - Mistakes in Investing
09:41 - Self-Managed Super Funds
10:47 - Financial Freedom & Capital Gains Tax
13:40 - Breaking Into the Property Market
15:23 - Australian Interest Rates
17:27 - The Finish Line
18:26 - Outro
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Connect
Website: https://duotax.com.au/
Facebook: / duotax
Instagram: https://www.instagram.com/duotaxqs/?h...
LinkedIn: / duo-tax-quantity-surveyors
DISCLAIMER:
The information in this video is general information and not to be taken as financial or investing advice. Always seek professional advice and do your own due diligence and research.
By Duo TaxIn this episode, Michael shares his personal investing journey, ignited by a friend's early retirement through property investment. This experience inspired him to delve into real estate investing, starting with his first property and focusing on fringe real estate.
He discusses how understanding property investment can lead to financial freedom, encouraging others to explore how to invest in real estate effectively. This path has been pivotal in shaping his approach to building wealth through property, with the goal of FIRE (Financial Independence, Retire Early).
--------
Get a FREE tax depreciation estimate for your investment property: https://duotax.com.au/property-tax-depreciation/
-----
CHAPTERS
00:00 - Intro
01:04 - Michael's Bakcground
01:58 - Starting Investing & FIRE
03:12 - First Property & Fringe Suburbs
05:14 - Residential & Commercial Investments
07:37 - Professional Team
08:19 - Mistakes in Investing
09:41 - Self-Managed Super Funds
10:47 - Financial Freedom & Capital Gains Tax
13:40 - Breaking Into the Property Market
15:23 - Australian Interest Rates
17:27 - The Finish Line
18:26 - Outro
-----
Connect
Website: https://duotax.com.au/
Facebook: / duotax
Instagram: https://www.instagram.com/duotaxqs/?h...
LinkedIn: / duo-tax-quantity-surveyors
DISCLAIMER:
The information in this video is general information and not to be taken as financial or investing advice. Always seek professional advice and do your own due diligence and research.