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This week we have a very special guest and one of Australian Property Scout's "Young Gun" clients Ethan Kelly. Ethan aka "The Aussie Battler from Logan", has an impressive 5 property portfolio at just 25 years of age.
From being a menace to society growing up, Ethan talks about the importance of setting himself up for the future and how he ‘accidentally’ became a property investor at the young age of 19.
In this exciting episode we can learn a lot from Ethan’s grit, determination and winning mentality through investing and his thirst for continual accumulation. One thing is very clear, Ethan is passionate about continuing to grow and his future in investing is certainly exciting.
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Chapters: (00:00) Welcome
(00:52) Introducing Ethan Kelly
(01:22) 25 Year old with 5 Properties
(03:28) Accidentally Becoming a Property Investor
(05:59) Why Did You Decide to Invest?
(07:24) The First Purchase
(10:03): LVR: Risk Rating
(15:44) The Process of the Second Purchase
(21:36) Swapping Tactics - The Start of Investing
(24:20) Signing with ANOTHER Buyers Agency
(26:36) The Numbers for the Second Purchase
(29:45) The Switch to APS
(31:11) Third Purchase: The First APS Purchase Stats
(36:48) The Next Phase: Purchase 4
(38:49) Purchase 5 (Investment Property 4) - 2 Months In and Up $40k in Equity
(41:40) Portfolio Value of over 2 million
(44:29): Advice for Young People Starting In Your Position
(49:22) Ethan’s End Goal - Keep Me Moving
(51:26) Any Tips for Aspiring Investors?
Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice.
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