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How To Retire FILTHY RICH In Australia | Real Estate Investing

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passive income from property
Australian property investing
Australian property market update
interest rate changes
cashflow positive properties Australia

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5 сен 2024

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Комментарии : 138

@PersonalFinancewithRaviSharma 7 месяцев назад

⏰ Watch Next - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-2cAuEUnKOwA.html

@Riggsnic_co 2 месяца назад

The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.

@JacquelinePerrira 2 месяца назад

Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.

@Jamessmith-12 2 месяца назад

Many people underestimate the value of advisers until they experience burnout. After a challenging divorce a few summers ago, I sought out a highly qualified licensed advisor. Her guidance has been invaluable in keeping my company afloat and thriving, despite inflation.

@kevinmarten 2 месяца назад

how can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success??

@Jamessmith-12 2 месяца назад

“Carol Vivian Constable” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@kevinmarten 2 месяца назад

I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.

@passdasalt 2 месяца назад

As someone who actually has done this, it's not all rose gardens and fairy floss. Short term pain = 30 years of stressing to pay three mortgages and maintenance (2 investments + own home). Long term gain = three houses paid off but missed out on other opportunities ie. shares and super (self employed). The end of the day it amounted to enforced saving which I would have never otherwise achieved.

@malkov0001 Год назад

We've owned 5 properties for about 20 years now (an average between 18 years and 23 years) - 4 in Sydney and 1 in Brisbane. One property has only slightly more than doubled and the other 4 have tripled or 3x. Your assumption that a $900K investment in 2 properties can increase 7x over 30 years is too optimistic. You're working on a compounded interest rate formula which is NOT correct. We all know that the economy and property cycles have lumps and bumps - so assuming properties can grow by 7% pa compounded is unrealistic... unless you own a waterfront house in Sydney's Eastern Suburbs. Your budget of $450K purchase price will most likely be an undesirable suburb - which will unlikely grow as much/fast as something near the city or beaches.

@jazjazinger7724 11 месяцев назад

Its a sales pitch , full of assumptions and overstating the benefits

@lengerer 9 месяцев назад

Triple and 3x is the same thing

@bhimalnaik 8 месяцев назад

@malkov0001 why are you here buddy? You are already financially independent. 😂

@peterlattimore6013 7 месяцев назад

@@bhimalnaik nothing wrong with listening to other people's ideas. Property will stagnant for a decade or two unless hyperinflation occurs. We're entering interesting times with the fiat system.

@Andrewmcgregor2024 5 месяцев назад

Talk bullshitt😂😂

@lengerer 9 месяцев назад

I basically did what you say in this video but 7 yrs ago. Bought a 250k unit in Brisbane now worth 500k and a 275k townhouse in Toowoomba now worth 400k. Both cost 10% deposit and are cash flow neutral. We then bought land and built our dream home. Cost 1 million now worth 1.3m. Our house we originally lived in is rented out and paid off. That cost us 390k 15 yrs ago and is now worth 1 million. The rent is $550 per week. The rental yield on all these places is crazy high now, something like 8% or more. The rent is paying off half our mortgage. It just takes time and sacrifices!

@TheHealthLife 7 месяцев назад

So basically you and others like you, have used property as a speculation, get rich just by HOLDING property before the world turned to shit with the plandemik, now all the first home buyers cannot even afford to get into the market. Property should NEVER be for speculation and investment...housing is a human need, not a wealth creation tool at the expense of those that come later and weren't born at the right time in history, and too late to the party because of greed and policies that benefit the few.

@anthonyvanderhoeven7288 7 месяцев назад

And good timing. Well done.

@lengerer 7 месяцев назад

@@anthonyvanderhoeven7288 thank you but it’s not good timing it’s just time in the market. In 2008 when we bought our first land it was the financial crisis and land was not selling. At the time ppl where saying why they say now, it’s expensive, Economy is bad, how can anyone afford a home blah blah blah. You just go to dig deep and save without spending heaps. It’s still possible now

@markmywords519 4 месяца назад

@@lengerer You are both right but in different ways. If I had bought in 1963 when my parents bought yep I would have got a house for $23k. Yep time in is key BUT you must be able to find tenants = job availability (currently RBA driving policies to create unemployment its on their policy statement for raising interest rates. So if I try to buy now in same area as my parents its $2.8M. The ratio of house price to wage is KEY.

@mjmf1430 Год назад

You forgot to include expenses for maintenance, management fees, town council fees, rates for these rental properties AND capital gain tax when you sell them.

@davidrieger8816 11 месяцев назад

yeh but a lot of expenses (while you still need the cashflow to manage them) are a tax deduction and yeh you are right he should have applied CGT assumption at sale (although don't forget the CGT discount for assets held longer than 5 years).

@rahul7775 11 месяцев назад

@@davidrieger8816 CGT discount applies after 1 year not 5.

@mjmf1430 11 месяцев назад

@@davidrieger8816 do agree with your points, however that would also mean reduced yields and increase potential risk of defaulting on repayments if mortgages or negative gearing are high.

@davidrieger8816 11 месяцев назад

@@mjmf1430 yeh that is always a risk, especially as maintenance costs are skyrocketing and if a buyer has bought a good cash flowing property it will be challenging in this current climate.

@gbthrylos 10 месяцев назад

Depreciation also reduces original capital purchase price there increases eventual CG. Need to also consider land tax

@Jonesmatsunaga 11 месяцев назад

G'day mates! Retirement planning is on everyone's minds. I am keen to retire filthy rich right here in Australia

@Andres_853 11 месяцев назад

Well, one crucial step is working with a finance advisor like CHRIS RYAN STEWART. He’s a wizard at making your money work for you.

@Andres_853 11 месяцев назад

You can search his name ONLINE

@Muriel-1112 11 месяцев назад

@@Andres_853 Seriously? How can a finance advisor help in achieving a dream retirement?

@Andres_853 11 месяцев назад

CHRIS RYAN STEWART expertise in financial planning is next level. He tailors strategies that fit your goals, making sure you invest wisely and grow your wealth.

@RayFreddie219 11 месяцев назад

this is useful information i copied his name and pasted on my browser and it was his website that was top result and his qualifications are excellent thanks for sharing

@Northstar2000 7 месяцев назад

Does anyone else have the feeling of not feeling as rich as their net worth? I have almost a net worth of 1 million dollars at age 33 and 5 years ago I thought it would be lifechanging. In reality it doesnt feel that I have anything and just feels meh since most of it is in property.

@markmywords519 4 месяца назад

Fair point. When I was younger in 1990 ish I recall thinking a million bucks would set you up for life. Costs have risen so you basically have to reduce expenses.

@yourlovelyp_ 9 месяцев назад

Thank you for the useful information. Can you also upload a video review about which suburbs in Sydney have good properties? Thank you.

@js8674 10 месяцев назад

isn't it super is left below a certain level, the aged pension will kick in? And Investment property does not grow at a rate of 7% maybe max 3%.

@danielle7292 10 месяцев назад

We have a couple of investment properties but we would be making more money if we just had the money sitting in a savings account, not to mention way fewer hassles. The government is making it harder and harder for IP owners to come out in front, especially if you’re no longer working and don’t have any of the tax advantages. So we’re currently in the process of selling them all as each becomes vacant.

@bigbrother4ever 10 месяцев назад

In NZ they even removed tax deductibility. I don't think anyone can buy a property today and make any money. Interest rates at all time high, house prices all time high, no negative gearing, no interest deductibility, lots standards to comply with etc. A term deposit beats IP these days.

@tylerdurden5122 10 месяцев назад

If you’re in Australia, and own the properties personally( outside a company or trust), you’re best to sell one per financial year to keep your CGT down

@TheHealthLife 7 месяцев назад

Good, because Property should NEVER be for speculation and investment...housing is a human need, not a wealth creation tool at the expense of those that come later and weren't born at the right time in history, and too late to the party because of greed and policies that benefit the few like politicians and baby boomers who were lucky enough to buy a home with 3 years wages, instead of 12 years wages now.

@cammitchell5732 11 месяцев назад

Return on investment didn’t include interest on 900k

@jennykoh6807 11 месяцев назад

I wish I have seen these videos 7 years ago, as I had 2 investment properties, I sold off to consolidate and changing my career. I would have been financially independent and can retire early. Very regretful.

@LauraMoyaLocalMortgageBroker 10 месяцев назад

Thank you for your useful information. Highly appreciated. Definitely looking forward to seeing your future updates. 🎉

@PersonalFinancewithRaviSharma 10 месяцев назад

Thanks for watching! 🙏

@bengonzalez7777 10 месяцев назад

Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

@daniellee8720 10 месяцев назад

Bro, you might wanna factor in a global recession and its effect. Europe is already in recession, china has slowed to deflation and America is deficit spending to kick the can down the road. AirBnB properties with poor uptake will soon see some of these properties come on line. As of 2020 there's 800,000 airbnb props. When mortgage stress convert to defaults, more properties will flood the market.

@conor845 Год назад

Charlie Bucket, how many properties did you buy? "Two." Only two? Not 200? I can't figure out your retirement on just two!

@lovepeace1953 11 месяцев назад

Liked and subscribed. Love your content

@soulz23 Месяц назад

I would do one property. $900k more capital growth than 2x $450k. Probably savvy investors out there going to make the $900k into $1.2m in 3 years. $100k capital growth per year is best case scenario. The $450k is not going to change much.

@vikasr2024 2 месяца назад

I think you need to slow down, keep it easy to grasp and keep short sentences. Also use some editing or graphics to explain no. It’s impossible for anyone to just hear complex calculation and understand without seeing them on screen

@Woodland26 10 месяцев назад

When I bought my first IP it was the era of 18% interest rate. Top margin rate was >60k. Therefore it was important to buy IP to reduce the gross income. Didn't have much super from work at 3% compulsory, and later self employed. Each year I contribute to max just to reduce gross income. Once the super gathered enough balance it has a life of its own. I am aiming to retire with the super paying out same as my net income each year. IPs are not in the super but positive geared now.

@markmywords519 4 месяца назад

It was only at 18% for a very brief period.

@jeffreystorer4966 11 месяцев назад

Start 40 years ago when houses cost 25 K

@kekka2261 Год назад

Haha love the comment about having 4 weeks a year to have a holiday

@bp-kp8th Год назад

🎉happy birthday Ravi Sharma.. thank you for such an amazing video 😊

@PersonalFinancewithRaviSharma Год назад

Thank you! :)

@vamosahacerloorganizaciony345 2 месяца назад

Is it ethical to invest in property with the house crisis? I dont want to be part of the problem, to be honest. Its a pity to see families moving because their rent increased so much. Yoi could show us otjer ways to invest and build wealth without adding more stress to our community

@PersonalFinancewithRaviSharma 2 месяца назад

If you invest in a property, you provide another rental property for someone to rent. Just another perspective to consider 🙏

@rqn1998 10 месяцев назад

Retired at 44.

@Ujett1 5 месяцев назад

Getting started 45😂

@robertbutta596 Год назад

good luck finding 2 properties for $900,000 in australia $450k wont even buy you a block of land were most people want to live.

@PersonalFinancewithRaviSharma Год назад

You should check out our instagram page where I share the deals we secure. We pick up multiple houses weekly under $450k

@Mining_Money Год назад

And if you can't find it in your own backyard look in someone else's. That's was the best advice I got and bought a couple in Brisbane in 2008. I'm from Perth

@pauliepaulie6588 Год назад

Houses for $450,000 will be in slums or need massive work. I’m in renovating homes so no boggy for me but for others they are way behind before they begin. (What happens about getting a crap tenant that won’t pay ? Let me guess , landlord insurance… pffft another cost …. Nah I won’t let the government corps screw me

@robertbutta596 Год назад

share it on youtube /do a whole show on it .@@PersonalFinancewithRaviSharma

@BethWahomelikecheckmeout Год назад

@@PersonalFinancewithRaviSharma i will have a look

@JoeyBlogs007 10 месяцев назад

What if your assets are in a trust?

@johntiebosch9134 Год назад

So right but im confused

@darshirathod1213 11 месяцев назад

Hi Ravi I m still renting I m 36 years old now what should I do ? Should I buy home or unit to live in or should I buy investment property first ? I. M from melbourne? Plz help us I m married with two kids

@markmywords519 4 месяца назад

rent

@anthonyk6274 Год назад

great video Ravi, compound interest in the key to wealth. 2 things I dont agree with. 7% growth each year, dont think so. Rarely see it. Also, the 3.4 mill you said, what about the tax? This would be enormous. Still great outcome but the facts here need to be checked

@GGLD888 Год назад

Haha, love the amount of 120k annual salary!!!!😂😂😂

@cameronmoore3886 11 месяцев назад

Didn't we used to retire with no investment properties back in the day? If someone could please educate me on how it was done back in the day I'd love to listen .. thank you 🙏

@tylerdurden5122 11 месяцев назад

We had decent government pensions then. Now we’re on our own

@Woodland26 10 месяцев назад

@@tylerdurden5122 people used to die after 70 years old - was a ripe old age.

@markmywords519 4 месяца назад

It wasn't simpler but a house price to avg annual wage ratio might have been 3:1 The ratio was about 5:1 in 1987. House approx $250k avg wage $50k. The ratio today in sydney is avg wage assume $80k avg house $2.5M ratio is above 30:1

@tessahaggerty9678 Год назад

Thanks Ravi! My dream is to have 2 investment property & a home to live in, I think this is reasonable for an average earner

@DanielBolger92 Год назад

Absolutely it is

@PersonalFinancewithRaviSharma Год назад

100% :)

@jorritpels Год назад

the average growth of properties is 5.6% in Australia. Why use 7% as growth?

@yourlovelyp_ 9 месяцев назад

🤔🤔

@Ereddddd 3 месяца назад

How do you build capital for the investments if you are 20 ? and still a student

@sanjogbaniya2020 8 месяцев назад

Where we can buy property in 450 thousand in Melbourne

@johnstevens6063 Год назад

Assuming the pension still exists when the viewers retire...

@PersonalFinancewithRaviSharma Год назад

Trueeee! I have significant doubts around what this even looks like in 20 years.

@bharath2508 9 месяцев назад

Australia has cheaper real estate than India. The cost of a square km of land in adelaide is half the price of Bangalore city center. Australia is more affordable.

@LivitiProperty 3 месяца назад

Good insight indeed

@Ragnar6000 28 дней назад

Poor advice, relying on capitol growth is just "Real Estate speculation" its a wealth building plan for low income earners who day dream of riches!

@warrenraynor2801 2 месяца назад

200K deposit and properties priced at $450 K each. Which universe are we talking about ?

@PersonalFinancewithRaviSharma 2 месяца назад

Depends if you’ve watched dark matter on Apple TV

@kmukul Год назад

warren buffett has one house!

@ronprasad5125 Год назад

Happy Birthday!

@PersonalFinancewithRaviSharma Год назад

Thank you!!

@tracybodinaar 5 месяцев назад

I love the grounded reality of this channel!!! Retirement took a toll on my finances, but with my involvement in the digital market, $35,000 weekly returns has been life changing. AWESOME GOD❤️

@Dyk949 5 месяцев назад

I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do? Thank you

@sarah20334 5 месяцев назад

Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!

@ag31988 Год назад

Solid advice. 34 years old and I’m currently sitting on 3 properties with 1 fully paid off (the rental income on that covers the interest on my mortgage) Plan is to have 4 properties all paid off by retirement (hopefully 60) and live on the income.

@ABhd84 Год назад

👏🏻

@seyhakmony2023 Год назад

Congratulations🎉

@Woodland26 10 месяцев назад

when you say paid off it sounds like it is only income neutral or slightly positive geared, not fully paid off. Please clarify.

@ag31988 10 месяцев назад

@@Woodland26 fully paid off = zero mortgage/nothing owing.

@maycheung3506 Год назад

I heard this from an old Indian guy twenty years ago

@moneyandminimalism Год назад

Super interesting video! Thanks for making!

@brissiAU Год назад

I am sorry but if you get to 91 you will not be spending the same amount you spent at 65, at 91 with owning your home you can down size and with the pension you will be fine, the days of cheap real estate are over.

@markmywords519 4 месяца назад

Pension ??? how will you pay bills and repairs to car/insurances/fun?

@timothydevries383 2 месяца назад

Property investment in Australia is becoming more risky by the day. The housing ponzi system can't continue forever.

@cozyrainsounds2639 Год назад

Great video! Could you please share the calculator website used?

@naradbhandari609 Год назад

Money smart compound calculator google it

@rajTrondhjem10 5 месяцев назад

Sorry mate.. only in dreamland

@ankursahu5193 Год назад

Unless we are healthy and in good shape.. So we can enjoy that money😊 ..🎉🎉

@mase_fishing Год назад

Let’s go…… chers Ravi

@theseira Год назад

People are poor because they are like the 90+% of the people out there. Rich people accumulate assets. Simple as that. Also most people don't know how to differentiate an asset from a liability

@markmywords519 4 месяца назад

Very true. People think and do poor things. lazy minds, looking for shortcuts, learn everything from a 10min youtube clip. No replacement for hard work, educating on useful information (NOT a uni degree!!), respect for experience.

@marcoschena99 Год назад

Good job Ravi. Great encouragement and keeping it real. Not sure about the last numbers as I believe CGT will need to be taken into account, which would effect the final balance invested into cash. But still definitely worth doing.

@mahmoudbager254 Год назад

Thanks Ravi , we are learning a l ot from your videos, keep it up :)

@shane0traveller451 Год назад

Great Advice

@SK-yl4ee 9 месяцев назад

You are talking s fast that I can’t understand the point

@allelectricalau Год назад

The interest rates are killer now for people that own a investment property. People are thinking twice about them now.

@markmywords519 4 месяца назад

nonsense. If you were silly enough to borrow huge amount at lowest int rate in history of the planet then your problem resides with you.

@lionsden4908 10 месяцев назад

No punchline or lesson?

@TylerMorrison-tv2mf 7 месяцев назад

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you cielo scotti.