I’m excited today to bring you Tash from Tash Invests to share her property story. She is 25 years old and bought her first property a few years ago in Perth for $295,000, whilst on an income of $75,000 a year. She lived in it for a little while before moving interstate, and is now a rentvestor who receives positive cashflow from that property.
Tash bought her first property on her own for $295,000. She was inspired and motivated by her parents and grandparents who all invested in property and would often go to open house inspections for fun. She had a very good idea about what she wanted, the area she wanted to live in, and that she only wanted to live in it for the first year.
She didn’t have any long term plans at that point but didn’t want to push her mortgage too high to leave her open and free to pursue other interests. She started saving at 14 years old and had $70,000 ready for her first deposit. She was able to purchase her home with a 20% deposit (along with the First Home Buyers Grant) and had enough left over to have a buffer in case of any emergencies.
Tash takes us through finding the property, using a mortgage broker (in reverse!), dealing with the seller and placing an offer, opting for a fixed interest rate, and rentvesting.
Listen in to learn all of Tash’s tips and advice for purchasing your own first home and ponder for yourself how rentvesting can give you the freedom and space to pursue whatever life throws at you (while having a safety net!).
LINKS:
Connect with Tash:
Website:https://tashinvests.com/
Check out my FREE checklist 100 Things To Look Out For At Property Inspections here
Connect with Amy:
Website: www.thefirsthomeguidebook.com.au
Instagram: @the.first.home.guidebook
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