Geoff McGuinness is a reformed master procrastinator. As someone who loved the idea of investing but equally feared the idea of debt, he made some decisions (and paid the price of waiting) that only took him further backwards in his attempt to move forward.
Despite these setbacks (which he explains in the podcast), he’s found the inner strength and resolve – and knowledge – to make some incredible decisions. Now with four properties under his belt and more than $1.5 million in healthy and leveraged debt, Geoff shares his experiences in this insightful conversation.
My favourite quote from Geoff in this interview is “surround yourself with legends and you can’t go wrong.”
Enjoy this episode!
1:15 – Being told he wasn’t ready to invest
2:15 – Dealing with a fear of debt
7:15 – Buying poor performing properties and the cost of waiting
20:30 – Talking real estate with family and friends
27:30 – The power of coaching (being wisely held back at times)
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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]