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.
(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
Listen to this week’s episode while you’re running an errand or on the road here.
Interested in building your property investment portfolio? Chat with our Investor Relations team to see how we can help you grow your investment property portfolio here.
Follow and turn on B.Invested’s Facebook page notification to know when Nathan’s live every fortnight on Tuesday at 7:00 pm AEDT.
The following videos have been prepared by Binvested.com.au Pty Ltd ACN (154 400 370). The factual information (“information”) provided in this website and the following videos is general in nature only and does not constitute any type of financial advice and is not intended to imply any recommendation or opinion about a financial product. The information has been prepared without considering your personal objectives, financial situation or needs. Before acting on any information provided in this website and in the following videos you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. Binvested.com.au Pty Ltd is not a financial advisor. Before making any decision, it is important that you should seek appropriate legal, tax, financial and other professional advice before you make any decision regarding any information mentioned in this communication, its website and the following videos. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Binvested.com.au Pty Ltd nor its related entities, affiliate companies, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information. We can provide access to our Investor Relations team should you wish to speak to them. Please contact 1300 367 925 to speak to a member of the Investor Relations team.