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In this episode, Ato speaks with Perry, a cab driver, property entrepreneur, author and went on the journey of financial independence at the age of 57 and he achieved financial independence (light) in 3 years.
In this episode we discuss:
- Why Perry decide to change his life at 57
- Shifting from 40 hours a week or 80 hours a week to make extra income
- How he managed to buy multiple properties on a minimum wage
- How he achieved financial freedom 'light' in 3 years
- The mindset required to attain a wealthy life
- How anyone can change their financial life and gain financial freedom much more
Connect with Perry:
📩 Sign up to my mailing list to be the first to know about upcoming events:
http://eepurl.com/hJEcLL
🤝 Sponsor
Tide - Earn up to 4.22% AER Variable on your business savings here:
https://www.tide.co/offers/savvywallet/
You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.
Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit tide.co/savings.
🤝Partners
Black Business Show - Grab FREE tickets with the code "SAVVYFREE"
Check out our partners who offer Stocks and Shares ISA and more:
⚡️Hargreaves Lansdown ⚡️
https://hl.7eer.net/B0mz50
Capital at risk
⚡️Interactive Investor ⚡️
https://prf.hn/click/camref:1101l3RTLM/ar:SW
Capital at risk
Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.
TIMESTAMPS
0:00 - Preview
0:56 - Intro
1:31 - Meet Property Investor Perry Wilson
6:12 - Why I stopped working as a bartender
11:45 - I started working 80 hours a week
14:02 - Why I decided to buy a property & how much it cost
15:48 - Tide Ad
21:05 - Becoming financially free light
22:16 - This property was a nightmare!
24:45 - How I learnt to raise money for property
26:13 - Buying a 10 property deal
29:20 - Losing 40% of my rental income
31:56 - Millionaire mindset
34:16 - Why I decided to use the buy to let strategy
38:46 - Challenges with scaling my buy to let portfolio
45:12 - Can you really buy property with minimum wage?
50:51 - Steps to financial independence
55:17 - How much should you roughly save for a first rental property?
59:08 - Second jobs/side hustles will supercharge your earnings
1:07:28 - Why I’m so disciplined
1:09:50 - My retirement goal
1:15:15 - How to start raising money for your property
1:22:00 - Is buy to let still viable in 2025?
1:23:08 - Perry’s book: “Minimum Wage Millionaire”
1:26:44 - Final words
Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Ato speaks with Perry, a cab driver, property entrepreneur, author and went on the journey of financial independence at the age of 57 and he achieved financial independence (light) in 3 years.
In this episode we discuss:
- Why Perry decide to change his life at 57
- Shifting from 40 hours a week or 80 hours a week to make extra income
- How he managed to buy multiple properties on a minimum wage
- How he achieved financial freedom 'light' in 3 years
- The mindset required to attain a wealthy life
- How anyone can change their financial life and gain financial freedom much more
Connect with Perry:
📩 Sign up to my mailing list to be the first to know about upcoming events:
http://eepurl.com/hJEcLL
🤝 Sponsor
Tide - Earn up to 4.22% AER Variable on your business savings here:
https://www.tide.co/offers/savvywallet/
You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.
Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit tide.co/savings.
🤝Partners
Black Business Show - Grab FREE tickets with the code "SAVVYFREE"
Check out our partners who offer Stocks and Shares ISA and more:
⚡️Hargreaves Lansdown ⚡️
https://hl.7eer.net/B0mz50
Capital at risk
⚡️Interactive Investor ⚡️
https://prf.hn/click/camref:1101l3RTLM/ar:SW
Capital at risk
Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.
TIMESTAMPS
0:00 - Preview
0:56 - Intro
1:31 - Meet Property Investor Perry Wilson
6:12 - Why I stopped working as a bartender
11:45 - I started working 80 hours a week
14:02 - Why I decided to buy a property & how much it cost
15:48 - Tide Ad
21:05 - Becoming financially free light
22:16 - This property was a nightmare!
24:45 - How I learnt to raise money for property
26:13 - Buying a 10 property deal
29:20 - Losing 40% of my rental income
31:56 - Millionaire mindset
34:16 - Why I decided to use the buy to let strategy
38:46 - Challenges with scaling my buy to let portfolio
45:12 - Can you really buy property with minimum wage?
50:51 - Steps to financial independence
55:17 - How much should you roughly save for a first rental property?
59:08 - Second jobs/side hustles will supercharge your earnings
1:07:28 - Why I’m so disciplined
1:09:50 - My retirement goal
1:15:15 - How to start raising money for your property
1:22:00 - Is buy to let still viable in 2025?
1:23:08 - Perry’s book: “Minimum Wage Millionaire”
1:26:44 - Final words
Learn more about your ad choices. Visit megaphone.fm/adchoices
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