The Path To 18 Properties
How does early exposure to investing shape your perspective and drive to build a property portfolio? What challenges may you face when expanding your property portfolio and what can you do to change your trajectory? Your host, Nathan Birch, and special guest, Stephen McCormack, an accomplished property investor with an impressive portfolio of 18 properties, detail the world of property investing and financial independence.
From a young age, Stephen embarked on a journey to learn about investing and made his first property purchase at 22. Recognizing the potential of property investing, he accumulated 6 properties independently but faced challenges in expanding further. However, Stephen’s path took a transformative turn when he joined forces with the B.Invested team six years ago. Together with his fiancée, they have built a remarkable portfolio of 18 properties and continue to grow. Tune in to gain insights into Stephen’s motivation, his vision for financial freedom, and the importance of property investing as a means to create the lifestyle he desires for his family.
Episode Notes
(2:50) Stephen’s backstory
(11:22) Unveiling Stephen’s remarkable property portfolio journey
(15:45) Cheapest property purchased – $52k regional QLD property
(19:35) DIY investing vs leveraging a buyers agent
(21:52) Challenges faced in building vs. expanding your property portfolio
(24:34) Stephen’s job loss: How his property portfolio provided reassurance amidst a panic
(27:44) The cost of waiting to start your property investing journey
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