On Property Podcast

2 Properties in 1 Year – Simon Success Story

04.29.2020 - By Ryan McLeanPlay

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https://www.youtube.com/watch?v=dn1VU522uVs

Simon was about to secure his second property. Within 1 year he went from 0 properties to 2 properties in under a year.

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0:00 - Introduction2:00 - Journey from the 1st to 2nd property4:26 - How Simon chose his 2nd property7:50 - Do you regret buying this property?

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Success Story: Simon Bought His First Property!!!

Transcription:

Ryan 0:00Today, I'm really excited to share with you another success story from Simon Everingham one of the buyer's agents over Pumped on Property, he's actually been able to secure his second property. And he purchased his first two properties in just 12 months. So in less than one year, he went from zero properties to two properties. Now, this episode was filmed back in February before everything that has happened worldwide. So there's a couple of references in there that are a little bit old. But still, I think this is a really valuable video. And I think you're going to love his story and love hearing about his second investment property purchase. Today, I'm really excited to share another success story with you, featuring Simon, the buyer's agent here a report on property who was actually able to buy his second investment property at the age of 27. So he's actually been able to buy two in 12 months. So you want to talk a little bit about this second investment property that he's purchased, how he got there, what it's like, what's the plans for it, and just kind of revel in the success that you got here because it can be a very hard journey. If you look back at some of our older videos, which I'll link up below. It was hard for you saving not getting the mountain biking. Yeah, there was

Simon 1:18a lot of sacrifice there. But lo and behold, I have the mountain bike now. Got the second Yeah, yes, I've got the man in black bed. three grand now I only spent $1,000. I can't much money, man. So it's so funny. But I love the positivity, bro. Like I love it. Because I'm all about living the journey, not not leaving for the destination living for the journey. And you know, having you intro that video like that? It's like, yeah, hell yeah, that's, that's pretty damn cool. And yeah, and, you know, I'm gonna sit here and pat myself on the back. I think people should do that man, like people should appreciate the accomplishments that they've worked so hard for.

Ryan 1:59Yeah, well, that's thing you still obviously got a ways to go before you're completely financially free through your properties. But yeah, more of the hard work is done in securing those two investment property. So talk a bit about your journey from the first property which you purchased. It was like late 2018. Yeah. And then this one, which you purchased, what late 2019. Exactly. So yeah, I put

Simon 2:23the offer down for the first property in December 2018. settled, so the property was actually mine in early FEHB, I think it was the 12th of February. And then I got the offer on the second property in December 2019 and settled on the 10th of February 2020. So just got it within that 12 month time frame by two days from settlement to settlement. Basically 2019, which just a year of of saving, a year of sacrifice a year of investing for myself, I knew where we were in the global and local cycle, there was lots of negative sentiment toward the start of 2019. And that took a little while to recover. So I knew that that was a good opportunity for myself to get into the market when there wasn't too many other people around. So I just took full advantage of the market conditions ...

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