How Morgan Built Herself $1 Million In Equity By 26

Listen to this episode from Scouting Australia Podcast on Spotify. If you've ever needed inspiration to start your investing journey, this episode is for you! Today we are releasing our first ever APS staff investor stories and there couldn't be anyone better to kick it off than our very own Morgan Holmes. The skilled, young gun 26yr old General Manager and senior buyers agent at Australian Property Scout, shares her journey starting out from humble beginnings. We're going in-depth into how this young investor started her journey working in property at the very bottom and deep dive into her incredible investment portfolio consisting of 5 properties valued at over 2 million with a net equity position of 1 million TODAY! This episode has a lot to unpack and some key takeaways you can apply to your journey.  Who's our guest star - [00:29]   What is the Rising Star award - [00:58]   In the beginning - [02:25] - Entry to working in property - Moving up the ranks The upper hand Identifying talent - [08:05]   Get comfortable with being uncomfortable - [11:11]   The realisation - [12:52]   The next best thing - [14:34]   The journey to APS - [17:49]   When COVID hit - [21:12]   The first purchase - [22:10]   The first deposit - [25:08]   Let's break down this deal - [27:00]   What is a cash contract? - [30:57]   Morgan how did it make you feel - [34:25]   What happened next in the 2nd deal - [36:18]   Troubleshooting equity release with speed - [37:20]   Does it make sense to go up to 88% LVR - [38:55]   Numbers on deal #2 - [40:27]   How 2 led to 3 - [41:00]   This is what being a market expert is all about - [45:15]   This is the velocity of money - [47:52]   Deal #4 - [50:18] The granny whisperer Online negotiation - [54:44]   Here's a good reflection on momentum -  [56:33]   The emotion does play - [58:28]   Do you ever buy properties not on holiday?! - [59:35]   Sometimes the banks don't budge - [01:00:17]   One extreme to the other - [01:02:08]   Strategising the portfolio - [01:03:28]   Deal #5 - [01:05:51]   Could this be a B&B that you keep - [01:07:01] - Here's a strategy for the families out there Shout out to big Jake - [01:09:44]   Here's Sammy's takeaway - [01:10:44]   How has property changed your circle of influence - [01:12:56]   The portfolio value - [01:15:56]   Where to next Morgan? - [01:17:30]   What advice could you give to female investors out there - [01:18:25] 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 [email protected] 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