Property investing on a single income

SEP 13, 202636 MIN

Description

Welcome to Property Investor Tales – Stories From The Front Yard. In this episode, Tabitha Bright sits down with Positive Real Estate coach Rosie Bason to share the story of her client Chelsea and how she started investing on a single income. Chelsea initially considered buying close to home, but after looking at the numbers and her long-term goals, she realised the property could actually hold her back. After stepping away from investing for almost a year, Chelsea returned ready to take action. With a clear strategy, the right team and disciplined budgeting, she purchased a four-bedroom investment property in Melbourne in less than two months. 🏡 Investing on a single income📊 Strategy over emotion🚩 Avoiding the wrong first property💰 Budgeting and building buffers📈 Planning for property #2🎯 Turning hesitation into action Chelsea’s story proves you don’t need a partner to start building a property portfolio — you need a plan, the right support and the willingness to take action. Chapters 00:00 – Investing as a Single Person 00:27 – Meet Rosie & Chelsea’s Story 02:52 – Asking “How Can I?” 03:26 – Chelsea’s First Property Mistake 05:12 – Why Buying Close to Home Can Be Risky 09:51 – Why Your First Property Matters 12:09 – Choosing the Right Investment Market 14:34 – Finding Markets With Growth Potential 16:51 – Why Melbourne Is an Opportunity 19:16 – Chelsea Gets Back Into Investing 21:41 – Budgeting to Build Wealth 26:24 – Finding the Right Property 28:41 – Managing Cash Flow & Risk 32:59 – Planning for Property #2 35:15 – Ignore the Noise & Follow the Data Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops.  I love hearing people's property investor tales, so if you’d like to share yours then please get in touch with me via email at [email protected] You can watch all of these podcasts over on YouTube at positivementor.com.au