Buying One Property A Year As An Immigrant In Australia - Swadish Aaryan

Swadish Aaryan is a senior test manager and a property investor. Just 12 months after immigrating to Australia, Swadish and his family purchased their first property in Sydney and now own three properties with a fourth one in the works. In this episode of Property Uncovered, Sanjeev sits down with Swadish to discuss the importance of diversifying your property investment portfolio, the difference between good and bad debt, or why you should set up an emergency fund. Tune in to also discover the challenges Swadish faced when buying his first investment property, self-education as a strategy to reduce fear, or why building a team of property experts is pivotal to your success as an real estate investor.

 

-- TIMESTAMPS --

(00:00) Intro

(00:50) Background

(02:37) Purchasing A Property Within 12 Months of Arrival

(06:27) Buying An Owner-Occupier Property in Australia

(08:20) Diversifying Your Investment In Properties Interstate

(13:50) Good Debt vs. Bad Debt

(15:38) Self-Education As A Resource To Counter Fear

(21:15) Swadish’s Challenges in his Investment Journey

(25:58) Building A Team and Setting an Emergency Fund

(29:28) Buying One Investment Property Per Year

(32:01) Itineraries Redefined and Love for Travelling

(36:00) Final Words for Up-And-Coming Investors

(38:04) Where to find Swadish

(38:37) Outro

 

-- QUOTES --

- “When it comes to buying an owner-occupier property you have to put on a different hat than when buying an investment property.”

- “One of the key elements in our property investment strategy is that we’d like to diversify our property purchases. Rather than putting all of the eggs in the same basket, we want to go to different states and different suburbs making sure we get multidimensional growth for each of the properties.”

- “One of the criteria that we requested the buyer’s agent is that (our property) shouldn’t just be an investment property but it can be our home in the future as well.”

- “If you have too many properties in one state you end up paying land tax for no reason.”

 

-- CONNECT WITH SWADISH --

 

🌐 Website: https://itinerariesredefined.com

💼 LinkedIn: https://linkedin.com/in/swadishaaryan

🐦 Twitter: https://twitter.com/ItinerariesR

📸 Instagram: https://instagram.com/itinerariesredefined

🌌 Facebook: https://facebook.com/ItinerariesRedefined

 

-- CONNECT WITH SANJEEV --

 

💼 LinkedIn: https://linkedin.com/in/sahsanjeev

 

-- FOLLOW INVESTORS DREAM --

 

👉 Website: https://investorsdream.com.au

📞 Book a call: https://investorsdream.com.au/bookcall

📸 Instagram: https://instagram.com/investorsdreambuyersagent

🌌 Facebook: https://facebook.com/investorzdream