7 - Reinventing Real Estate: Radical Approach to Community-Oriented Housing with Ian Ugarte

Your host, Scott Bywater, talks with the Property Developer, Educator, Advocate for Affordable Housing, and Entrepreneur, Ian Ugarte. Ian's story begins in a family of plumbers, where real estate was a familiar topic, albeit not a successful venture for his father. His early experiences in property investment were fraught with mistakes and negative gearing, leading to a financial pitfall after acquiring seven properties. It was a stark realization for Ian that conventional wisdom was not always the wisest, and it prompted a pivotal shift in his approach to investing.

At the tender age of 18, Ian made his first foray into property investment, backed by his parents' support with the initial deposit. Despite the advantage, he quickly learned that privilege didn't equate to automatic success. The early days were marred by anxiety and despair, not due to a lack of funds but from a lack of informed decision-making. It was a period of education for Ian, as he navigated through the emotional turbulence and learned the hard lessons of his errors.

Ian's transformation from financial instability to stability is a testament to his resilience. By educating himself on positive gearing and reevaluating his portfolio, he managed to sell down six properties and emerge from the red. This journey wasn't just about financial independence for Ian; it became a mission to empower others to overcome similar hurdles.

Learn more about Ian's work HERE and HERE.

Think you'd be a great guest on the show? Apply HERE.

To learn more about Scott's work at The Simple E-mail ROI System at https://www.simpleemailroi.com/.