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PROPERTY UNFILTERED: How Stephen used House Finder to achieve over $100k in passive income
Description
Welcome to Property Unfiltered, a collection of raw and uncensored conversations with Simon Loo, alongside savvy investors who are achieving their goals.
On this episode of Property Unfiltered, we bring Stephen’s roller-coaster journey to financial freedom to light.
He sits down with House Finder’s Simon Loo and Smart Property Investment’s Grace Ormsby to share how his foray into property investment began in 2007 when he purchased his first property in Kogarah, Sydney. With next to no knowledge, he embarked on what would become a transformative venture. The property, initially bought for $442,000, appreciated significantly, sparking a realisation in Stephen that property investment could be his golden ticket to passive income and early retirement.
Despite initial success, Stephen’s journey has not been without its setbacks. A venture into property development in Pascoe Vale South, Melbourne, taught him a hard lesson when he bought a property that turned out to be a wreck. Instead of deterring him, it reinforced the importance of thorough due diligence and the value of professional advice.