Sam Gordon welcomes a special guest to the studio this week: Jake McGregor, a close friend and Buyers Agent at Australian Property Scout. Jake’s story is incredibly inspiring from a pivotal moment in high school that set off a fire in his belly, to overcoming a $52k loss and turning it into a triple win with his next investment. Over the span of 7 years, Jake has built an impressive $4 million property portfolio, with a huge $1.6 million in equity.
Jake and Sam reflect on the beginnings of Jake’s investment journey earning $9 an hour as an apprentice plumber, influenced and encouraged greatly by his parent’s own journey and hard work. Jake’s pure grit and determination is clear at every point in his story, and it’s obvious in his success how resilient and focussed he has remained and the challenges he's overcome. Please let us know what you think of our new segment at the end, and whether you’d like to continue seeing this 🔥😉 School of Property is the ultimate education destination to master property investment, with a curriculum meticulously designed and crafted with both beginners and experts in mind. Whether you are a complete novice, or you’re ready to take things to the next level in your portfolio, this is the program for you! To find out more, head to www.schoolofproperty.com.au. If you loved this episode please send it on to someone who would take some value, and please give us a 5 star review if you haven't yet and are loving the poddy! If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au 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. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369
Chapters:
(00:00) Welcome
(01:40) The man, the legend
(03:00) Summary of portfolio
(05:05) Back to the beginning
(10:45) Beginning of apprenticeship
(13:35) Frugal teen years
(15:18) First deal
(21:39) Post purchase
(25:50)Get paid your worth
(29:01) Second deal
(37:34) APS deal at 23 years old
(42:37) Buy + flip
(48:03) $52k loss
(52:43) The comeback
(57:38) Stumbled on next deal
(01:01:17) The curly deal
(01:04:20) Portfolio recap
(01:13:47) Jake's key takeaways
(01:15:53) Sam's key takeaways
(01:19:54) Rapid fire
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