Nicole Haddow
π€ SpeakerAppearances Over Time
Podcast Appearances
It was one of those things where I wish I'd read my own book before I entered the property market.
It was really important to me to go out and find people who were finding creative ways to buy entry-level properties.
I'm completely aware that for most millennials, the idea of buying an $800,000 or a $900,000 property as their first property is not feasible.
So I wanted to find people who were buying entry-level investments but finding a way to turn the concept of having a mortgage on its head so that it worked for them.
So Jacob and Brad who bought the barn were a really good example.
It was literally a barn.
It had a dirt floor and exposed insulation when they bought it and they spent some money renovating and they had some handy tradie mates that they could call on and they'd paid $220,000 for that property.
And it's now on Airbnb for $200 a night.
So they're doing really well.
It's a beautiful property.
There's demand for it because it's in Heathcote.
So here in Victoria?
In Victoria, yeah, near Bendigo.
So, you know, it's a wine region close to Bendigo and an easy drive out of Melbourne as a weekender.
But then there were a couple, Lucy and Nathan, they put a house on a truck that was going to be demolished.
The house was in Montalbert in Melbourne as well.
And there are companies, the one that they used I think was called Moving Views, but there are companies that are listing these properties.
There's plenty available now that people can put on a truck and move to a piece of land.
So that was incredible.
That was what would have been a million-dollar house where it was and they put it on a truck and moved it to cheaper land.