In this episode of Investor Journeys, Iynka sits down with Liam Carmody, General Manager at Palise Property and former civil engineer, to deconstruct the blueprint of a high-performing property portfolio. Liam shares his transition from building roads to building wealth, offering a masterclass in how to leverage an analytical "engineering brain" to identify value in both residential and commercial markets across Australia. 

From utilizing first-home owner grants in New South Wales to executing sophisticated commercial "value-add" plays in Perth, Liam’s journey provides a roadmap for investors looking to scale beyond traditional residential boundaries. 

Key Topics and Subtopics 

• The Transition from Engineering to Property Strategy 

• The Analytical Edge: How a background in civil engineering provided the data-driven foundation for tracking market growth, yields, and "days on market" via custom spreadsheets. 

• Shifting Priorities: Liam discusses the pivotal moment when family life prompted a career change from the rigid demands of engineering to the flexibility and opportunities of the property industry. 

• Strategic Residential Investing & Portfolio Restructuring 

• Leveraging Government Incentives: Utilizing first-home owner grants and stamp duty concessions to build a primary residence that eventually doubled in value, serving as a springboard for further investments. 

• Interstate Diversification: Insights into identifying growth corridors in Tasmania (Launceston) and Queensland (Townsville/Brisbane) to build a geographically diverse residential base. 

• The "Reset" Strategy: Understanding when to sell residential assets to clear debt, fund a "forever home," and pivot toward high-cash-flow opportunities. 

• Commercial Property & SMSF Wealth Creation 

• The Commercial "Value-Add" Play: Liam details a Perth warehouse acquisition where identifying unapproved mezzanine space and under-market rents led to a potential $600k profit in just a few years. 

• Valuation Methods: A deep dive into the difference between the "cap rate method" and "direct comparison method" when assessing commercial underlying value. 

• The Power of Superannuation: Using a Self-Managed Super Fund (SMSF) to acquire commercial assets that provide superior retirement income compared to residential holdings. 

• Advanced Property Development & Private Funding 

• Scaling to Development: Moving into high-end duplex projects on the South Coast, involving multi-million dollar land acquisitions and construction management. 

• Private Investor Relations: How to structure development deals using private loan agreements to provide competitive returns for investors while funding large-scale builds. 

• Navigating Market Challenges: Strategies for managing construction cost escalations and supply chain issues in the current economic climate. 

Liam emphasizes that while research is vital, the greatest hurdle for many—especially those with analytical backgrounds—is "analysis paralysis." His journey is a testament to the power of taking decisive action and maintaining a 10-to-15-year horizon to achieve true financial independence. 

Want to learn how to engineer your own path to property success? Listen to the full episode to hear Liam’s detailed breakdown of his most successful trades. If you enjoyed this conversation, please follow the podcast and leave us a rating on Spotify or your favorite platform—it helps us continue bringing you real stories from real investors 

Deep dive into the burning questions on finance impact resulting from the budget announcements.

In this episode of Investor Journeys, Iynka sits down with Shaun Balzan to explore the reality of transitioning from the "rat race" to a life of time freedom. After a 25-year career in retail, often working up to 60 hours a week, Shaun reached a point where his lifestyle was no longer sustainable. By building a strategic five-property portfolio over 15 years, he has successfully transitioned into a new chapter, reclaiming his time to focus on what matters most: family.Shaun shares the candid details of his journey from the early days of regional investing on a modest salary to the high-stakes construction of dual-living properties in Canberra.

This episode is a deep dive into the discipline, sacrifices, and long-term mindset required to join the "1% club" of property investors

In this solo episode of the IJ Podcast, Iynka stepsaway from the interview chair to share his personal Australian Property Investment Journey. Moving from New Zealand to Australia in 2010, Iynka reflects on over a decade of building a portfolio that is now approaching an eight-figure value. He provides a transparent look at the mistakes made, the lessonslearned from "buying in his own backyard," and the strategic pivots that led to massive growth in markets like Melbourne, Brisbane, and Perth.

Join Iynka in this insightful episode of Investor Journeys as she sits down with Bobby Haeri, the former founder of The Investors Agency, to deconstruct a property journey that began at just 18 years old. From using a landscapingbusiness as a financial vehicle to navigating a $7 million property portfolio, Bobby shares raw, "no fluff" stories about the highs of aggressive scaling and the sobering lessons of emotional buying.

In todays episode, Iynka crosses the ditch to dive deepinto the dynamic New Zealand property market with guests Jith and Maaru of Vive Financial Advisers. Jith, a Mortgage Adviser, and Maaru, an Insurance Adviser, share their unique professional backgrounds and expert insights into current housing trends, finance, and the vital need for protecting your most valuable assets. This episode offers a comprehensive look at the current market realities facing Kiwi investors and first-time home buyers.

To connect with Jith and Maaru, visit Vive Financial Advisers.

https://www.vive.co.nz/

In this insightful episode of the IJ podcast, host Iynka welcomes his special guest and close friend, Nish Sethi, to discuss his remarkable journey from humble beginnings to building a successful property portfolio in Australia. Nish shares how he navigated career progression, pivotal life changes—including moving to Bangalore, India, and embracing the role of a stay-at-home dad—and ultimately shifted his mindset from daily survival to intentional wealth creation.

In this insightful episode of the IJ podcast, host Iynkawelcomes his special guest and close friend, Nish Sethi, to discuss his remarkable journey from humble beginnings to building a successful property portfolio in Australia. Nish shares how he navigated career progression, pivotal life changes—including moving to Bangalore, India, and embracing the role of a stay-at-home dad—and ultimately shifted his mindset from daily survival to intentional wealth creation.

This week, Iynka and Blyth, discuss their shared philosophy on finances and investing. This episode is essential for anyone looking to build a resilient and diversified investment portfolio, especially those utilizing property as a core asset in Australia.

In this episode, Iynka sits down with a seasoned investor and mortgage broker Jasmine Alexander to unpack her fascinating property journey, spanning continents and culminating in a substantial multi-million dollar portfolio built primarily in Melbourne/Victorian market.

Visit Jasmine's business website: https://prosperitymortgagepartners.com.au/