Cover of Engineer Couple Turned ONE Deposit Into 5 Properties in 3 Years

Engineer Couple Turned ONE Deposit Into 5 Properties in 3 Years

Engineer Couple Turned ONE Deposit Into 5 Properties in 3 Years

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What if you could build a $3.3 million Australian property portfolio with just one initial deposit?When Namita and Krit moved to Australia from Mauritius in 2019, they had zero property investing experience. Fast forward a few years, and they've built a portfolio of five investment properties worth approximately $3.3 million, with $1.1 million in equity.In this episode:How they built a $3.3M property portfolio since 2022Buying investment properties under $500KFinding off-market deals without a buyer's agentUsing equity to fund additional property purchasesProtecting borrowing capacity to keep scalingIf you're looking to build wealth through Australian property investing, their journey is packed with practical lessons you can apply to your own portfolio.Key moments:00:00 How they built a $3.3 million property portfolio in just 3 years02:34 Moving to Australia with zero property investing experience09:43 How they learned to invest in Australian property from scratch11:42 The costly mistakes they made buying their first property16:13 Inside their $3.3 million property portfolio and $1.1 million equity21:10 How emotional buying nearly cost them thousands23:58 How they used equity to keep buying investment properties26:00 Why they stopped limiting themselves to local property markets29:14 How they secured an off-market property and negotiated $20k off31:20 Their biggest lessons for first-time property investors36:07 How ownership structures can affect your next property purchase38:00 Their next goal: financial freedom through property investing40:00 Should you buy property while Australian house prices are falling?42:26 How property investing changed their approach to life and moneyAbout 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/passiveincomethroughproperty⁠Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 ⁠https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta⁠Disclaimer: No Legal, Financial & Taxation AdviceThe 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.
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