One of the main things holding investors back from buying another Perth investment property is finding their next deposit… So I wanted to revisit my tips for making this happen sooner.

Many would-be investors I've talked to seem to struggle with finding their next deposit to purchase a property, or to invest in other things at different times. 

In the past, it's been really hard for me as well, especially when my money management habits have not been there. I did a lot of other things right, but I also had areas letting me down. 

In this episode, I want to take a deep dive into four key areas to help you find your next deposit sooner. I think that's really going to help you accelerate your wealth and create enough of an asset base to generate the passive income you want. 

Let's go inside.

 

Resource Links:

• Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/)
• Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
• Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
• For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
• For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)

Episode Highlights:

1. Intro [00:00]
2. Buying Well In A Hot Market [01:55]
3. Cosmetic Renovation And Subdivision  [3:57]
4. The Third Way To Find Your Next Deposit  [04:55]
5. Get Control Of Your Money And Good Money Habits [07:03]
6. Living Expenses Account And Savings Account [08:50]
7. Why You Need To Separate Your Money Into Different Accounts [11:36]
8. How To Track And Reduce Expenses [13:26]
9. The Number One Way To Become More Valuable To Your Business [15:37]
10. The Difference Between The Different Classes Of Money [17:28]
11. Outro [20:03]

 

Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

 

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