Show Notes
Property is a game of finances, sorry to say but the days of buy anything and you will be fine is gone.
You have 2 resources to balance, you have your cash and equity on one side of the scale and the other has your borrowing ability and serviceability.
But guess what? The game’s not rigged, it’s just evolved!
And you don’t have to play alone.
A crucial teammate in your property quest? A top-notch mortgage broker!
Tonight, we’re bringing you: The Mortgage Broker’s Guide to Financial Freedom with Bushy Martin.
Learn from the legend himself as he reveals how to strategically balance your portfolio and leverage your resources to optimise your property journey.
Who wants to learn from the legend himself?
Topics we’ll be talking about include:
- Overview of how he started on his journey to financial freedom! This one is bound to be juicy and actionable.
- The things he has learned along the way, what he wish he’d done and what worked well talked through step by step.
- Plenty more important lending insights.
- A live Q & A session [Bushy is also a broker so can talk turkey on finances] – we’ll aim to answer as many as we can.
Episode Highlights
5:54 Reflecting on Achievements and Demystifying Success
7:02 Quotes about Wealth, Taking Action, and Wise Decisions
8:55 Importance of Taking Action and Learning from Mistakes
10:50 Quotes for Motivation and Encouragement
11:06 Importance of Taking Action and Not Drifting Away
11:17 The Cost of Delaying Investment
11:50 Quote by Nelson Mandela
12:47 Unpacking a Property Investing Journey
13:24 Introduction to Bushy Martin
17:02 The Success of Helping People Secure Property
18:03 Simplifying Property Investment
18:40 Acknowledging the Role of Partnerships
20:44 Personal Journey into Property Investment
22:05 Two Halves of Life and Property Investment
24:39 Nomadic Lifestyle and Exposure to Property Development
26:17 Becoming an Architect
28:27 Entry into Property Development
29:23 Redevelopment Project in Alice Springs
29:45 Overestimating Property Value
30:05 Lack of Market Understanding and Changing Marketing Strategies
31:39 Divorce and Bankruptcy Complications
32:25 Relevance of Mistakes in Property Investment
33:38 Overcoming Negative Experiences with Property Investment
35:14 Personal experience with implementing a joint venture agreement.
41:19 Traveling and Working Hard
42:56 Workaholism and Personal Challenges
44:12 Learning from Personal Experiences
45:24 Influence of Role Models
46:22 Changing Perspective on Investing
47:38 Planning for the Future
48:51 Getting Clear on What’s Enough
50:29 Simplifying Lifestyle and Property Investments
51:26 Working Out Lifestyle Income
52:19 Property Cycle and Timing
54:49 Setting Financial Goals
56:43 Personal Growth and Reflection
57:52 Investing in Knowledge
01:00:00 Documenting Joint Activities
01:03:49 Using Freedom Numbers as a Guide
01:06:38 – Focus on Growth and Income
01:07:24 – Trading CFDs for Rapid Growth
01:08:56 – Volatility and Lessons Learned
01:12:09 – Income Streams and Time Commitment
01:13:41 – Collaborative Team Effort
01:14:33 – Understanding the Importance of Managing Your Managers
01:15:52 – The Worker vs Wealth Builder Approach
01:17:03 – Balancing Careers and Property Management
01:17:58 – Challenges in Property Management
01:18:56 – Details of Their First Three Properties
01:20:08 – Overview of the Place and Property Acquisition
01:22:14 – Renovation and Increase in Property Value
01:23:32 – Conversion to Airbnb and Property Management
01:24:50 – Hard Work Required for Successful Rental Property
01:25:10 – Council Rates for Airbnbs
01:31:51 – Starting the Property Management Business
01:32:59 – Expanding into Project Management
01:36:02 – Adapting During the GFC
01:37:37 – Purchasing Properties through Self-Managed Super Fund
01:42:52 – Success from Selling Properties
01:43:27 – Capital Gains Tax and Lucky Investments
01:44:15 – Living on Bellarine Peninsula for Decision Making
01:45:00 – Preferences for Cold Climate and Boots-on-the-Ground Approach
01:46:49 – Overcoming Limiting Beliefs and Building Professional Teams
01:49:26 The Challenges of Transitioning from Architecture to Property Investment
01:52:00 Addressing Serviceability Concerns with Higher Interest Rates
1:55:45 Cautionary Note on Overextending in Property Investment
02:00:24 Assessing Property Performance and Growth Potential
02:01:26 Exercise in Property Investment
02:03:33 Diversification and Portfolio Spread
02:04:08 Caution Against Overconcentration
02:05:20 Property Analysis and Intuition
02:06:42 The Interrelation of Decision Making
02:07:17 Taking Action and Changing Careers
02:08:20 Integrating Work and Investments
02:09:26 Balancing Self-Help, Wealth, Health, and Relationships
02:11:42 Enjoying the Journey to Financial Freedom
02:12:22 How to Learn More about Bushy
02:14:30 Appreciation and Support
02:15:17 Wealth Building Approach
Episode Resources
Connect with Bushy Martin: https://bushymartin.com.au/
Connect Joe Tucker: https://propertyprinciples.com.au/
Join Aus Property Facebook Group: https://www.facebook.com/groups/Auspr…
Join the Newsletter: https://propertyinvesting.substack.com/
SUBSCRIBE: https://www.youtube.com/channel/UC2Hq…
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.
