How to Buy Your First Home with Just a $50,000 Deposit

Are you tired of renting but don’t have enough for a deposit? You don’t have to buy your dream home right away. What you can do is slowly build your way to it by buying other properties. Use these to build funds and equity until you can afford your permanent place of residence. In this week’s episode, I will tell you why it’s important that you get your foot in the property investment door now. This episode also talks about why just saving is not an effective way to build funds for your dream home.   Discussion Points: 0:00 Introduction 1:38 Case study of a past client 3:44 Properties are like a moving train 4:59 Increasing equity 10:00 Change your mindset of debt and saving 11:21 Imagine buying property as getting on a train 15:21 Start making passive income  16:49 Booming property market can last for years 18:00 All it takes is one investment property   About The Host:   Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not run by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify, Google Podcasts, & Stitcher.   PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.   Resources: Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/ Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 30,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta   Disclaimer: No Legal, Financial & Taxation Advice The Listener, Reader or Viewer acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only; We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information; We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer; The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant; The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances; We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer. See omnystudio.com/listener for privacy information.

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