OpenCorp client Matt details his journey from running a business to building a diverse property portfolio, emphasising long-term planning and overcoming scepticism. Matt shares his "light bulb moment," when his property portfolio outpaced his clinic's income.
Introduction:
- Matt transitioned from podiatry to property investment after realising his property portfolio was outperforming his earned income.
- He highlights his experience managing three podiatry clinics before entering property investment full-time.
Light Bulb Moments:
- Matt's "aha moment" was seeing his property portfolio’s growth surpass his business income.
- He addresses misconceptions about property investing, such as it being only for the wealthy, emphasising affordability and strategic planning.
Personal Journey:
- He and his wife Kristy began as "rentvestors," renting in Melbourne’s affluent Bayside area while investing in properties elsewhere.
- They overcame common concerns like holding costs and tenant issues by working with OpenCorp.
Property Portfolio Development:
- Matt started investing in 2020 with properties in Brisbane, achieving significant growth.
- He expanded his portfolio with properties in Perth despite challenges like construction delays, later benefiting from substantial rental yields and price appreciation.
Family and Mindset:
- Matt didn’t inherit investment knowledge but cultivated an abundance mindset through business coaching and learning.
- He advocates for setting clear goals and timelines, such as building a portfolio to generate passive income and eventually fund a dream home.
Transition to OpenCorp:
- As a property strategist, Matt applies his background in problem-solving to help clients achieve financial freedom.
- He emphasises the value of expert guidance, comparing OpenCorp’s role to that of a coach or personal trainer for property investment.
Advice to New Investors:
- Matt encourages starting as soon as possible, addressing fears by seeking expert advice.
- He underscores the importance of leveraging data-driven strategies rather than relying on anecdotal research or hesitation.
Facebook: http://www.facebook.com/opencorp
Twitter: @OpenCorp_au
LinkedIn: https://www.linkedin.com/company/opencorp-au
Instagram: @OpenCorp
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