Kristen and David started investing when they had three children under five years of age. They’ve ridden many highs and lows – from holding property that had appreciated very little, to having the same properties explode in value and rental yields. And they have a cracking story on how they saved $15,000 per year simply by renegotiating their interest rate with their bank. The moral of this episode is to hold your real estate, no matter how “boring” it might be at times.
Enjoy this episode!
1:35 – We knew nothing about investing
5:15 – Buying properties is the fun part
9:17 – Setting expectations on property managers
19:45 – We’ve had some highs and some real lows too
27:35 – Being proactive with paperwork
28:45 – Renegotiating loans to save money
30:45 – Saving $15k in interest
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I love hearing people’s property investor tales so if you’d like to share yours then please get in touch with me via email at [email protected]