As IT professional Koko Naing shares his journey from Burma to Australia and how he made the shift from renter to property investor, we will follow his story from a steep compensation amount of $900 to an a-ha moment on increasing rental yield!
Uncover the mobile developer’s views on good debt and bad debt, how he migrated to Australia with only $10,000 in hand and unable to buy a home, what led him to build his portfolio of six investment properties and why it’s essential to get to know the market you’re investing in.
We thought that debt was not good, we were taught in those days that debt is physically a burden - Koko Naing
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In this episode, here’s what you’ll learn:
01:40Koko shares his daily activities as a software developer, explaining how he balances work during the day and property during the night.
03:12Growing up in Thailand, Koko came to Australia in 2003 – balancing two jobs he shares how he began having an interest in property.
13:09Purchasing his own home in 2012, he shares buying his first investment at Ballarat.
15:22Koko expresses the worst investing moment he experienced as he shares with us where he found the properties he bought and why he bought those properties.
Show Notes and Credits:
Thanks a million for checking out this episode! Below are the websites and other tidbits that were mentioned in today’s podcast with Koko Naing If you have any questions, feel free to leave a comment below and I’ll respond right away!
Show Notes:
Ballarat
Logan
Crestmead
Propertychat Forum
API Magazine
Michael Xia (Mortgage Broker)
Free Bonus PDF:Get access to a free PDF transcript of this episode. Includes all quotes and resources mentioned. Click here to get access to your free PDF .
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This episode was produced by Alex Cooper with narrations and interviews conducted by Tyrone Shum .
The post From Renter to Property Investor with Koko Naing: How I Increased My Rental Yield and Grew My Portfolio to 6 Properties appeared first on Property Investory .