Hey Todd, Been watching for a while and this is one of the best episodes you’ve done. This type of openness and ‘brutal honesty’ is what is missing from a lot of other property investing podcasts/channels. Keep up the great work, only a matter of time before this channel goes to the moon. Crazy underrated.
What a great episode I’m going to share this with everyone I can including my kids if I can get them to sit still long enough :-) thank you for putting this on. When you two guys get together it is so great might even watch this a few more times so good!! Thx for your time and effort both of you too it together !
Love the episode.. When you two guys sit together , tons of value added to community. What a incredible and inspiration for gen Z. Would like to have episode on, what is ideal portfolio $ for modest retirement say @55 yrs of age and how to build down the portfolio from say 10-15 mil portfolio
Wow Todd! What a way to come out firing in 2025… I think this my new favourite episode you have ever posted. I would love to see Jeremy back with the goals he set for Fred and what to do if you’re behind those goals when you hit those ages and how to try and catch up.
“After his initial 4 Freddie buys an additional 7 properties in the space of 5 years” I love the episodes with Jeremy mate but it would be great if he can provide more numbers to show how Fred was able to continue borrowing. I know the equity increased but a drawdown of equity decreases borrowing.
Good point mate, it's always a delicate balance between info overload and not enough, We're going to make similar eps to this soon, based on feed back we'll be increasing the detail in the info 🙂
Great chat and takeouts. Always enjoyable. However, wd be gd if done using everyday median wages (before side hustles etc to show the required extra hard work, sacrifice and work ethic which are necessary to get moving). And wd be gd to get a bit more detailed about what's in the figures on the screen (oe some rolled up capital growth of old properties plus some newer current cost ones). Housing inflates a lot but I would argue many people's incomes don't and in real terms have gone backwards (hence the bite of the cost of living crisis) and not everyone gets promotions. There are only so many people who rise way above the median income by definition! Real people, real properties, real prices, real wages would be more representative for far more people.
I hear you Miss truth bomb! We’re playing with a few more episode conspets like this will see how much more detail we can slip in before it become tricky to follow 👍🏼
Great video but not many get paid 150k even after being in same industry with 18 years of work experience. Can you do an episode for mid income earners 70-80k approx. what is achievable for those people. 😊thank you 😊
100% mate! This episode wasn’t suppose to show how the average earner builds a good sized portfolio, this is all about massive while you can built a solid portfolio on $80k you can’t build a $20m portfolio on $80k
"If you haven't found your career by 25, statistics will tell you that you'll probably never find it".... alright, I'd love to see these statistics. It sounds more to me like his assessment based on his experiences and the people he's had as clients, but that does not constitute statistics. Some of the most successful people in any field didn't start studying it until their mid to late 20's, or even early 30's. Some people who had a "stable career" at 35 had a mid life crisis at 40. I think a lot of this advice is great, but to claim people who haven't found a stable career by 25 never find it is a big stretch. So please, let's see these statistics
Perhaps "at some stage, you need to stick to something and master it" would be far more useful advice to the 50-90% of the population who haven't found a "stable career they love" by 25. Not everyone starts at 19 doing what their dad did mate, some people actually HAVE to try a few things. I mean half the guests I've seen on this podcast didn't have the same career at 25 as they do at the peak of their success.
@@pizzaandproperty1246 it really did, and today I was pondering all the absolute gold in this podcast and thought "oh yeah that bit really struck a nerve, jesus".... but yeah, cracking podcast all around! Some of us just don't have it all figured out at 25, so I have taken the lessons and moved them forward a decade or so :P
I hear you bro! I didn't start properly investing in property until I was in my early 30's I completely wasted my 20's being a drunk chasing girls and feeling sorry for myself because of a workplace accident. Everyone's path is different, just keep pushing forward doing the best you can in the direction of your goal bro 🙂
So basically unless nothing ever goes wrong for 20 years, you are able to work 60+ hours a week and able to be in a well paying industry then happen to marry someone who is in a similar position and then you are in the position to start your own very successful business (most small businesses fail and it isnt because of the lack of hard work) then this wouod be impossible otherwise? If this is the only way to make a 20 million dollar portfolio then its no wonder less than 1% of people do this because that whole scenario is out of touch and completely unrealistic for 99% of the population. My question is what is realistic for the average?
It’s not supposed realistic bro it’s a $20m portfolio it’s a massive achievement that only a fraction of a % will archive, the truth is you don’t need a $20m portfolio to become financially free. Don’t feel like a failure mate get to work on what’s important to you and hit the goal you’re happy with 😊
Hey Todd, Been watching for a while and this is one of the best episodes you’ve done. This type of openness and ‘brutal honesty’ is what is missing from a lot of other property investing podcasts/channels. Keep up the great work, only a matter of time before this channel goes to the moon. Crazy underrated.
Thanks bro! Glad you enjoyed it
What a great episode I’m going to share this with everyone I can including my kids if I can get them to sit still long enough :-) thank you for putting this on. When you two guys get together it is so great might even watch this a few more times so good!! Thx for your time and effort both of you too it together !
Thanks mate! Happy to hear how much you’ve enjoyed it 😊
Thank you, Jeremy and Todd, for such brilliant episodes, such incredible value!
You’re welcome Maria 🙌🏼
Love the episode.. When you two guys sit together , tons of value added to community. What a incredible and inspiration for gen Z. Would like to have episode on, what is ideal portfolio $ for modest retirement say @55 yrs of age and how to build down the portfolio from say 10-15 mil portfolio
Thanks mate!
Love it working on something like that atm 😊
Best episode on property ive listened to. Great work guys, must get fred on the pod!
Thanks mate!
Wow Todd!
What a way to come out firing in 2025… I think this my new favourite episode you have ever posted.
I would love to see Jeremy back with the goals he set for Fred and what to do if you’re behind those goals when you hit those ages and how to try and catch up.
Or actually; cut out 25 and go from 30 -50. And then 35-55. 40-60.
Hey Morgan! Thanks mate, I love the idea of a check in episode but I’m not sure how it’d play out with a fictional example character
Jeremy is always the best!!!!! So happy to see him on an episode again.
Thanks mate! The guys great to work with 😊
What an amazing episode. Thank you gents.
You’re welcome mate!
“After his initial 4 Freddie buys an additional 7 properties in the space of 5 years” I love the episodes with Jeremy mate but it would be great if he can provide more numbers to show how Fred was able to continue borrowing. I know the equity increased but a drawdown of equity decreases borrowing.
Good point mate, it's always a delicate balance between info overload and not enough, We're going to make similar eps to this soon, based on feed back we'll be increasing the detail in the info 🙂
Brilliant pod. When he is talking about salaries of $100k, 130k ect. Is that excluding or including super ?
Great question that’s excluding Super
Hey todd, With the 3-4 properties being worth 1.8M at the age of 30 is that net equity or total including all related debts
Hey mate good question, that's total Value being built up in the first 5 years from 25 to 30
Great chat and takeouts. Always enjoyable. However, wd be gd if done using everyday median wages (before side hustles etc to show the required extra hard work, sacrifice and work ethic which are necessary to get moving). And wd be gd to get a bit more detailed about what's in the figures on the screen (oe some rolled up capital growth of old properties plus some newer current cost ones). Housing inflates a lot but I would argue many people's incomes don't and in real terms have gone backwards (hence the bite of the cost of living crisis) and not everyone gets promotions. There are only so many people who rise way above the median income by definition! Real people, real properties, real prices, real wages would be more representative for far more people.
I hear you Miss truth bomb!
We’re playing with a few more episode conspets like this will see how much more detail we can slip in before it become tricky to follow 👍🏼
Great video but not many get paid 150k even after being in same industry with 18 years of work experience. Can you do an episode for mid income earners 70-80k approx. what is achievable for those people. 😊thank you 😊
100% mate! This episode wasn’t suppose to show how the average earner builds a good sized portfolio, this is all about massive while you can built a solid portfolio on $80k you can’t build a $20m portfolio on $80k
Not many people build a 20mil portfolio....
"If you haven't found your career by 25, statistics will tell you that you'll probably never find it".... alright, I'd love to see these statistics. It sounds more to me like his assessment based on his experiences and the people he's had as clients, but that does not constitute statistics. Some of the most successful people in any field didn't start studying it until their mid to late 20's, or even early 30's. Some people who had a "stable career" at 35 had a mid life crisis at 40. I think a lot of this advice is great, but to claim people who haven't found a stable career by 25 never find it is a big stretch. So please, let's see these statistics
Perhaps "at some stage, you need to stick to something and master it" would be far more useful advice to the 50-90% of the population who haven't found a "stable career they love" by 25. Not everyone starts at 19 doing what their dad did mate, some people actually HAVE to try a few things. I mean half the guests I've seen on this podcast didn't have the same career at 25 as they do at the peak of their success.
Feel like this comments really struck a nerve bro, I’m sure it wasn’t ment that way more of an observation 😊
@@pizzaandproperty1246 it really did, and today I was pondering all the absolute gold in this podcast and thought "oh yeah that bit really struck a nerve, jesus".... but yeah, cracking podcast all around! Some of us just don't have it all figured out at 25, so I have taken the lessons and moved them forward a decade or so :P
I hear you bro!
I didn't start properly investing in property until I was in my early 30's I completely wasted my 20's being a drunk chasing girls and feeling sorry for myself because of a workplace accident. Everyone's path is different, just keep pushing forward doing the best you can in the direction of your goal bro 🙂
So basically unless nothing ever goes wrong for 20 years, you are able to work 60+ hours a week and able to be in a well paying industry then happen to marry someone who is in a similar position and then you are in the position to start your own very successful business (most small businesses fail and it isnt because of the lack of hard work) then this wouod be impossible otherwise?
If this is the only way to make a 20 million dollar portfolio then its no wonder less than 1% of people do this because that whole scenario is out of touch and completely unrealistic for 99% of the population.
My question is what is realistic for the average?
Sounds like commercial properties are the end game?😂
Yeah very much! Slight sell down and re shuffle into less assets that are higher in value and yield
I love it. But I swear he had a $17mil port like 3 months ago.. coz I watched that ep about 4 times 🤔.
#killingit
Was it an old episode? Jez hasn’t had a $4m portfolio for a very long time
bro bought in sydney 20 years ago. Relax
Where could you buy now you’ll look back in 20 years with the same feeling?
well none of this is realistic for an average joe, thanks now I feel like a total failure
Maybe you should listen to what he says at 5:26
Well spotted mate 😊
It’s not supposed realistic bro it’s a $20m portfolio it’s a massive achievement that only a fraction of a % will archive, the truth is you don’t need a $20m portfolio to become financially free. Don’t feel like a failure mate get to work on what’s important to you and hit the goal you’re happy with 😊
What's your advice for 50 year old to start with ?
if you don't want to take massive risk, contribute to super as hard as you can all the way until retirement.
@
Thanks for your reply. Should I buy property in SMSF ?