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Unpacking Rentvesting with Lorna Wang

Unpacking Rentvesting with Lorna Wang

Released Thursday, 7th December 2023
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Unpacking Rentvesting with Lorna Wang

Unpacking Rentvesting with Lorna Wang

Unpacking Rentvesting with Lorna Wang

Unpacking Rentvesting with Lorna Wang

Thursday, 7th December 2023
Good episode? Give it some love!
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After only hearing about the good things going on with property I bought my first investment at the age of 22 šŸ™ŒšŸ¼ It was a huge milestone that I'd been working towards for many years but I was naive and uneducated šŸ¤” in this space which led to a massive missed opportunity šŸ˜£

Over the subsequent years I built a successful career in recruitment but knew I wanted a way out at some point. To allow me to pivot into something else I knew investing was an avenue to provide me the ability. Even though I'd bought a dud šŸ‘ŽšŸ¼ as a novice investor I was able to turn it all around ā†©ļø with the help of buyers agency, InvestorKit which was my missing puzzle piece šŸ§© to be successful in real estate investing. I purchased 4 more properties over the course of 2.5 years and held a portfolio of 5 properties by the age of 30, now worth $2.7M šŸš€

This experience has ignited my passion ā¤ļøā€šŸ”„ to prevent others from making large financial commitments to an asset that doesn't produce the outcome they're hoping for šŸ’ø

I'm now working as a Buyers Agent, partnering with InvestorKit (Buyers Agency of the Year 2023 šŸ†) who is known for their industry leading property market insights and data-driven decision making in uncovering the top performing locations across the country.

As a Buyers Agent I represent the buyer in the real estate transaction providing full end-to-end service from;
- strategy creation ā™Ÿļø and portfolio mapping šŸ“
- discovering outperforming locations across the Australian property market šŸ“Š
- sourcing desirable properties both on and off market šŸ”Ž
- networking with real estate agents šŸ“ž
- negotiating at relevant stages of the buying process šŸ¤šŸ¼
- ensuring a property is successfully settled and tenanted āœ…
- all whilst helping my clients stay accountable to their long term investing goals šŸ’ŖšŸ¼

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Connect with Lorna here:

www.lornawang.com.au

https://www.linkedin.com/in/lorna-wang-59450255

https://www.instagram.com/lornawang.buyersagent/

https://www.facebook.com/lorna.wang/

https://www.tiktok.com/@lornawang.au?_t=8gNpcZW1n2k&_r=1

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Thanks for listening!Ā  We love your support, please subscribe, review, comment and share this episode to help empower and educate more folks around the money stuff!

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Check out more about us here:

www.moneymechanics.com.au

www.scottmalcolm.com.au

Check out our Financial Service Guide and Privacy Policy here.

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Follow and like us on socials:

Instagram:Ā @moneymechanics

Twitter:Ā @moneymechanics

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Money Mechanics Pty Ltd (ABN 64 136 066 272) is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd (ABN 47 097 797 049) AFSL and Australian Credit Licence No. 236523

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General Advice WarningĀ Information in this podcast has been prepared for general information purposes only and not as specific advice to any particular person.Ā 

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Any advice contained is General Advice and does not take into account any person's particular investment objectives, financial situation and particular needs. Ā Before making an investment decision based on this advice you should consider, with or without the assistance of a qualified adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. Ā Past performance of financial products is no assurance of future performance. Ā Product Disclosure Statements contain information necessary for you to make a decision whether or not to invest in financial products which may be mentioned in this podcast. Ā 

See omnystudio.com/listener for privacy information.

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Money Mechanics with Scott Malcolm

As human beings we share a commonality.Ā  We are all born into the financial system in which we live.Ā  On a daily basis we make decisions on how we earn, spend, save, invest and give away our money as well as how willing we are to get into debt.Welcome to Looking Under the Hood ā€“ a podcast all about helping you to unpacking money so you can move towards financial freedom.Iā€™m Scott Malcolm, Iā€™ve always been curious to understand how things work.Ā  When I was a kid there was that one time, I pulled apart our family toaster to see how it worked ā€“ sorry again Mum and Dad!When I became a financial planner ā€“ fresh out of Uni in 2000 I had the same desire to get a deep understanding of the money stuff and how to make it work for you.What I have learnt and seen working with clients is that the Money stuff is no different.Ā  If you have an understanding of how the system works and how you relate to it, you can empower yourself for a better financial future.My aim of this podcast is to give you money insights as we ā€˜look under the hoodā€™ and unpack how the financial system works, and provide some stories around clients situations I have worked with over the last few decades to give you greater understanding of you and the money in your life.We will kick of our first series to look under the hood and unpack money in the context of the Australian financial system.Ā  While tax and retirement systems change between countries the fundamentals and foundations of money are a shared human experience.Financial planning weather you are doing it yourself or paying for professional advice, is all about having a decision making framework in place to navigate your life transitions as you move through startup phase, accumulation phase and then into retirement or financial freedom phase.I look forward to taking on you a journey to unpack your money stuff and get the foundations in place to be living your ideal life.Thanks for listening!Ā  We love your support, please subscribe, review, comment and share this episode to help empower and educate more folks around the money stuff!_Money Mechanics Pty Ltd (ABN 64 136 066 272) is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd (ABN 47 097 797 049) AFSL and Australian Credit Licence No. 236523General Advice Warning Information in this podcast has been prepared for general information purposes only and not as specific advice to any particular person.Ā Any advice contained is General Advice and does not take into account any person's particular investment objectives, financial situation and particular needs.Before making an investment decision based on this advice you should consider, with or without the assistance of a qualified adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. Ā Past performance of financial products is no assurance of future performance. Ā Product Disclosure Statements contain information necessary for you to make a decision whether or not to invest in financial products which may be mentioned in this podcast. Ā Ideally we suggest you speak with a licensed financial planner and seek out personal advice!

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