Pay-Off Your Mortgage In 3 Years by Rentvesting

🏠 Steve Elbourn went from being evicted and living in a granny flat to have a debt free PPOR in three years.    ❌ He grew up in NSW Central Coast (Woy Woy) in housing commission, with no family history in property investing.    💸 After initially buying & selling a couple of properties at an early age, he found himself renting for over 20 years.    🎓 After re-marrying, and being evicted from his rental, he decided to get financially educated. Steve dove into research, podcasts, forums, trend analysis and decided he would "Rentvest".   📈 Through this strategy he bought three properties, often under-market value, which had huge growth as Covid induced a property boom.    😮 Hear how he made mistakes along the way, how he structured his properties, how he overcame borrowing power hurdles and his best advice for other investors.    💡 It's an inspiring story how an everyday person gained the option to become mortgage-free in just three short years.     Discussion Points: 00:00: Introduction 02:26: Breaking down Steve’s investing journey  14:19: Putting together a house deposit during COVID-19 23:47: Ready to buy: applying theory to practice  26:17: Finding confidence in difficult times 31:25: Using equity to get a deposit for an off-market deal 36:13: Doing the research and learning from mistakes  39:31: Biggest advice to a younger self 45:08: Conclusion      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 biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.  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 50,000 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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