My Multi-Million Dollar Portfolio REVEALED | Australian Property Investor | Passive Income Australia

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  • เผยแพร่เมื่อ 31 ต.ค. 2020
  • In this Video, I break down exactly what my multi-million dollar property portfolio is made up of. I go through each and every purchase of Australian Real Estate that I have managed to purchased and how much capital growth as well as rental growth each one has experienced.
    I am super proud to have an Australian Real Estate portfolio worth more than $4.5M made up of 13 properties by the age of 28!
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ความคิดเห็น • 257

  • @PersonalFinancewithRaviSharma
    @PersonalFinancewithRaviSharma  4 หลายเดือนก่อน +1

    ⏰ Watch Next - th-cam.com/video/2cAuEUnKOwA/w-d-xo.html

  • @annaalessandro376
    @annaalessandro376 3 ปีที่แล้ว +69

    I think this pandemic has taught people the importance of multiple streams of income, unfortunately having a job doesn't mean financial security. I really appreciate the transparency and giving people a fighting chance during this troubling times.

    • @obinnafrank8394
      @obinnafrank8394 3 ปีที่แล้ว +7

      Absolutely true

    • @jubrilusman7477
      @jubrilusman7477 3 ปีที่แล้ว +4

      That's a fact. The rate of unemployment has increased tremendously since this pandemic. People are advised to Diversify means of income.

    • @annaalessandro376
      @annaalessandro376 3 ปีที่แล้ว +3

      @@jubrilusman7477 Diversification of Investments is really a great idea for multiple streams of income.

    • @thomasgolden1081
      @thomasgolden1081 3 ปีที่แล้ว +1

      @@annaalessandro376
      I'm into stocks, Forex trading, property and making good profits from them all.

    • @leofreddie7278
      @leofreddie7278 3 ปีที่แล้ว +2

      @@thomasgolden1081 Forex trading is really profitable, now is the best time to take advantage of the market and earn a lot. And of course to do that you need the help of a professional.

  • @veekey4001
    @veekey4001 3 ปีที่แล้ว +14

    Great content ! Teaching my son atm , he is about to buy first investment at 20 , we have both subscribed

  • @LisaTran
    @LisaTran 3 ปีที่แล้ว +11

    Hey Ravi! I love how honest you are - it’s refreshing! I mentioned your channel as one of my property recommendations for beginners in my latest video :) keep up the great work!

  • @hiteshshah7103
    @hiteshshah7103 3 ปีที่แล้ว

    Great videos Ravi . I have been following your channel from last 2 months and I want to thank you for putting all this info out there for people like me who is looking to learn .

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hi Hitesh, thank you so much for watching and supporting the channel. I'm so so sooo happy to hear that you are getting great value from these videos! Is there any other videos in particular you would like to see?

  • @MikesMoneyMoves
    @MikesMoneyMoves 3 ปีที่แล้ว +2

    Wow, this was a great watch! subbed for your great journey!

  • @thefungiblemillennial-fina2207
    @thefungiblemillennial-fina2207 3 ปีที่แล้ว +1

    First time here. Loving the content! Good to see you have diversify your portfolio. Also I love buying in regional too!

  • @aussieinvestingmachine9912
    @aussieinvestingmachine9912 3 ปีที่แล้ว +1

    Great video mate, very well presented! Subscribed to the channel 😊

  • @brensavage
    @brensavage 3 ปีที่แล้ว +9

    What about property purchase costs and ongoing costs?
    Stamp duty, agency costs and commissions, water, council rates, maintenance costs, bank fees? You’ve left out a lot of costs

  • @PersonalFinancewithRaviSharma
    @PersonalFinancewithRaviSharma  2 ปีที่แล้ว +1

    LIVE WEBINAR EVENT (18th July, 2022)- Register now 👇
    bit.ly/3NVSh1M

  • @lwongss
    @lwongss 3 ปีที่แล้ว +1

    I've recently entered the property investment market and your videos are such great inspiration. Keep up the good work and see you at the top!

  • @throughthelife3275
    @throughthelife3275 2 ปีที่แล้ว

    first of all, congratulation on your progress, and other hands really appreciate that you sharing your knowledge.

  • @ashcowen5319
    @ashcowen5319 3 ปีที่แล้ว +1

    Such a great video mate, cannot wait to work with you 💪🏻

  • @jordanrowland-wild2055
    @jordanrowland-wild2055 3 ปีที่แล้ว +1

    Great video as always!

  • @JohnRicci
    @JohnRicci 2 ปีที่แล้ว +2

    Great portfolio mate!! Thanks for being very honest!! I would love to see an updated video when you hit a $10m portfolio

    • @gabwire6796
      @gabwire6796 2 ปีที่แล้ว

      Hit me up directly☝☝
      For more guidance and advice on investments...

  • @savikhush
    @savikhush 2 ปีที่แล้ว

    Thank you for very honest sharing and effective learning for us

  • @phurjangsherpa4432
    @phurjangsherpa4432 3 ปีที่แล้ว +3

    Thank you so much for your insight. I am an international students doing Masters in Australia. I hope to build my own investment portfolio in future.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Thank you for watching and commenting! I'm glad you enjoy this type of content :) Wow, that's awesome, good luck on your journey!

  • @Erica-rc9lo
    @Erica-rc9lo 3 ปีที่แล้ว +1

    I appreciate your content, very inspiring!

  • @markwilliams3245
    @markwilliams3245 ปีที่แล้ว

    Amazing work mate. U are a True inspiration to many many people. Keep up the great work mate.

  • @ayya7803
    @ayya7803 3 ปีที่แล้ว +1

    Your video's are so informative .keep up good work.

  • @InvestWithQueenie
    @InvestWithQueenie 3 ปีที่แล้ว +17

    Hey Ravi! Love this video. I’m actually looking to get into regional areas too. I’m considering getting a house perhaps in Wollongong? I really like how you broke down your property portfolio and all the numbers which you look at. Really impressive growth 👏👏

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Thank you Queenie!! Means alot :) ooo that's awesome, I love the Gong, wish I had property there tbh. Let's chat properly when things calm down ✌️

    • @InvestWithQueenie
      @InvestWithQueenie 3 ปีที่แล้ว +1

      Yess definitely!! Let me know when you’re free to chat and we can tee something up 😊

    • @michaelfittler653
      @michaelfittler653 3 ปีที่แล้ว

      The gong is a great place to live, I do not think it is the best place to invest imo. Being from there we have seen a sharp increase in prices I’ve the past ten years. Average house price has increased dramatically due to Sydneysiders invest or moving south. If you look hard enough I am sure you can find some gems in there.

  • @gauravmudgal5755
    @gauravmudgal5755 2 ปีที่แล้ว +4

    You are amazing Ravi, I could clear see you becoming a billionare in couple of years. Best part is you are super natural and very honest and it is clearly reflected that how passionate you are. You are a literal rockstar.. wish u all good luck for your future ventures as well. God bless you. Regards, Gaurav

  • @liamdean7435
    @liamdean7435 3 ปีที่แล้ว +2

    I love your videos Ravi, I'm 21 and am saving up to put a deposit for my first investment property. You're a great inspiration man, keep up the great work

  • @shabirkhanyousafzai6880
    @shabirkhanyousafzai6880 2 ปีที่แล้ว

    Such a wonderful Information 😍

  • @Rekke_yt
    @Rekke_yt 3 ปีที่แล้ว

    Thank you for the inspiration Ravi

  • @Lehrastudio
    @Lehrastudio 2 ปีที่แล้ว

    Hi, great vid Ravi. Congrats on your properties, and thanks for all advise and mentoring you provide. May I kindly ask whether your properties are purchased with principle and interest or interest only.. Would love to have a chat with you sometime in the near future when you have time. Thank you!

  • @PersonalFinancewithRaviSharma
    @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +4

    How much Passive Income I generate from this portfolio (Video) 👇
    th-cam.com/video/1cI8hBp88pY/w-d-xo.html

  • @jonathanlin2046
    @jonathanlin2046 2 ปีที่แล้ว

    watched this a few times. great video. proppps!!!

  • @SarahSmith-zr8bp
    @SarahSmith-zr8bp 3 ปีที่แล้ว

    Thank you for the inspiration.

  • @surfskateaddict5253
    @surfskateaddict5253 3 ปีที่แล้ว +1

    true teacher, thanks mate

  • @joseandrheasaavedra256
    @joseandrheasaavedra256 3 ปีที่แล้ว +3

    We just settled on our first property 10 days ago and received our first rent payment on the 30th. Feels so good!!!

  • @elizabethpalu2447
    @elizabethpalu2447 2 ปีที่แล้ว

    This is a fantastic video - priceless. Thank you for sharing. My issue is how you managed to purchase in so many different areas away from Syd. How do you manage all your properties since they are so spread out.

  • @harishbabu4034
    @harishbabu4034 8 หลายเดือนก่อน

    Very impressive !!!

  • @allisonwillcox9393
    @allisonwillcox9393 ปีที่แล้ว

    Wow, you’ve done so well

  • @gayaclav1973
    @gayaclav1973 3 ปีที่แล้ว +2

    Hi Ravi! Thanks for the amazing video! When you purchase a property or land, do you go for inspections? Or purchase them just base on research?

  • @rajanireddyk
    @rajanireddyk 11 หลายเดือนก่อน

    Hey Ravi, great video. thanks for sharing. the rental yield you mentioned for each property, is it gross or net?

  • @J58988S
    @J58988S ปีที่แล้ว

    Hi Ravi, nice work on the videos. I was wondering if you had a video on your Abundance mindset. What is an Abundance mindset, would you elaborate please.

  • @chancetewhata2896
    @chancetewhata2896 2 ปีที่แล้ว

    You so inspire me how can I build a portfolio like you!

    • @gabwire6796
      @gabwire6796 2 ปีที่แล้ว

      Hit me up directly☝☝
      For more guidance and advice on investments...

  • @michaelyoung8689
    @michaelyoung8689 3 ปีที่แล้ว

    Hi Ravi
    Thanks for sharing you portfolio
    When purchasing properties interstate from your residence what advice do you have with inspection properties?

  • @peeterlee8814
    @peeterlee8814 3 ปีที่แล้ว +3

    I've been watching your videos for a while. Inspired me alot. Just wondering that most of your properties were not cashflow from the start if including holding costs, especially Property #6. I would love to learn and know what are the costs to consider when calc for cashflow properties? Cheers

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey Peter, thank you for the support! I'm glad you've been enjoying the videos :)
      Some properties when initially bought were not cashflow positive mainly because interest rates were about 5.5% haha Over time though, if you have bought in the right area with huge rental demand then it will convert to rental growth which is as important as capital growth :)

  • @Kumar-qg5uz
    @Kumar-qg5uz 3 ปีที่แล้ว

    Really good Job. Thanks for your efforts Brother.. to some point definitely would talk to you.. 👍🏻

  • @markhayes8677
    @markhayes8677 2 ปีที่แล้ว +1

    Hey Ravi
    Great video
    How do you get the lending approval to borrow so much?

  • @AsimovVibes
    @AsimovVibes 3 ปีที่แล้ว

    Hi Ravi, thanks so much for sharing. Do you use trusts to buy property? I am having trouble understanding trusts, how to use them, if I reeaally need them.. Do you have a video, or any info you can point me to? Thank you again, Simon

  • @dylanrichard-ot3nq
    @dylanrichard-ot3nq ปีที่แล้ว

    hey mate great video! I am currently looking at purchasing my second property as an IP, this video is great info. I just have one question though, are your loans set up for interest only or interest and principle? I see the that loan balance is decreasing on most of your properties.

  • @azeemrahman1
    @azeemrahman1 3 ปีที่แล้ว

    Thanks for the video Ravi. Would be great for you to do a video showcasing the pros and cons of investing in gold

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Thanks bud. I personally don't invest in Gold but, it could be good content like why I don't invest in ETFs

    • @azeemrahman1
      @azeemrahman1 3 ปีที่แล้ว

      @@PersonalFinancewithRaviSharma Correct - cognisant you specifically talk about real estate and crypto but it would be good as there is often a lot of debate whether its lucrative investment or not. Thanks bud

  • @inspiredyourdesire
    @inspiredyourdesire 3 ปีที่แล้ว

    Hey Ravi,
    I appreciate your work and inspiring others to achieve their goals and also happy for your success.
    It would be great if you provide a plan and strategy, how we should start this from scratch. What things we need to keep in mind before buying property and how much money we need to have to begin with?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Thank you for the kind words :) Appreciate it alot! I cover this in the Confusion to Clarity online course if you're keen to learn about this :)

    • @lionheart1727
      @lionheart1727 ปีที่แล้ว

      Hi Ravi, how are your properties structured? Personal, trust, company etc?

  • @user-xf6fj4vr1l
    @user-xf6fj4vr1l 3 ปีที่แล้ว +3

    Awesome video as always. I'm 19 and hopefully I can build up a portfolio like yours over time here in Melbourne.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      Thank you! Oh wow 19, that’s awesome that you’re getting into learning about this stuff so early on :)
      Reach out if you ever need to chat ✌🏾

  • @squeezeeverypenny4996
    @squeezeeverypenny4996 3 ปีที่แล้ว +2

    You'd be a gun at Monopoly haha Amazing work and a great achievement

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      HAHAHAH! I freaking love that game :) Appreciate the support and glad you enjoy the content!

  • @masonsiviour3192
    @masonsiviour3192 ปีที่แล้ว +2

    How do you protect your assets with rising interest rates so that you aren’t over leveraged

  • @rothscliff6086
    @rothscliff6086 2 ปีที่แล้ว

    can't believe i watched the whole video!

  • @wpt729fx
    @wpt729fx 3 ปีที่แล้ว +4

    Thanks so much for the video
    Are you willing to share what your year land tax liability looks like? Or otherwise, how do you address this matter as part of your overall strategy?
    I have always thought that this is a barrier to owning lots of property in one state.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      Thanks for watching and engaging :) Yes, will add it to the long list haha will get around to it at some point for sure

  • @devakikarki9223
    @devakikarki9223 3 ปีที่แล้ว +1

    I almost became millionaire watching your video 😜. Inspiring 👏

  • @commanderkeen3787
    @commanderkeen3787 3 ปีที่แล้ว +1

    Great video

  • @jessesene-lefao916
    @jessesene-lefao916 3 ปีที่แล้ว +1

    Awesome bro ... hope to speak one day

  • @nev357
    @nev357 10 หลายเดือนก่อน

    When I was selling real estate 20yrs ago. I helped a new investor into his 1st investment property. My advice was to take it slowly and only buy when he had built up equity. Within 3 months, he owned 13 investment properties. Within 1 year, he was bankrupt, lost his investment properties, home and marriage break up. Don't rush in. Investing is a long term game over decades.

  • @sushamsarwar9707
    @sushamsarwar9707 2 ปีที่แล้ว

    Hi Ravi, such an inspirational video for me!! Hats off! Just got a quick question. For Property#6 (3 Bed House in Sydney South West), what was the total land size? Regards, Susham

  • @clintonjohnson2226
    @clintonjohnson2226 2 ปีที่แล้ว

    All the positive income and positive report on profitability. What’s the report on all outgoings, expenses, insurance, etc.?

  • @pratikpatil6865
    @pratikpatil6865 3 ปีที่แล้ว

    Great video Ravi. Are you buying these properties under your own name or through a trust?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey Pratik, I am purchasing these under my own name. There are pros and cons to buying under a trust so if you are starting out, I'd suggest having a chat with your accountant to figure out the best option for you :)

  • @michaelfittler653
    @michaelfittler653 3 ปีที่แล้ว +1

    Hey buddy, consumed hours of these videos over the past month or so. You have caught my attention in this video with the way you look at investing. One question I do have is about your risk mitigation. I know you suggest buying multiple properties on the lower end of the price bracket than going all in on a more expensive single investment. I would like to know about the areas you buy in? What is the socio-economical situation in these regional centres? Is there a risk of people not being able to pay rent or causing large amounts of damage to the property? Is the unemployment rate something you factor into locations you are looking at?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey Michael, thanks for watching and appreciate the comment :)
      Yeah so on that point, some of these markets are in actually better shape than most suburbs and council areas in metro cities. The unemployment rates in some areas are lower and it's data like that along with affordability that we look at for sure. When looking at the affordable side of the market, when uncertain times like 2020 occur, people try and save more money so often will downsize and none of our clients and none of my properties have had issues with rents. In fact, rents have increased for my portfolio and I'm getting word that a few other clients are experiencing the same thing. Hope that helps :)

  • @PersonalFinancewithRaviSharma
    @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +3

    PRE LAUNCH OFFER 👉 bit.ly/SP-OnlineCourse

  • @sourabhsharma7886
    @sourabhsharma7886 3 ปีที่แล้ว +1

    Hey Ravi,
    I just saw your video and just freshmen looking to buy investment properties in regional areas in western Australia. My goal is it get two properties before I turn 28. I just want to get in to it as I just graduated from university and wanted to invest my income in properties rather than buying a new home for myself.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Nice one! I think rentvesting is the best strategy for the current climate. I have a really exciting project I will be announcing in a couple of weeks, so be sure to keep an eye out. I'll be making the announcement in our private facebook group so be sure to join. I think you'll really gain some valuable insights from it :)

  • @dude3418
    @dude3418 3 ปีที่แล้ว

    Did you have a look at the properties in person or did you buy without viewing?

  • @mannylaris9925
    @mannylaris9925 3 ปีที่แล้ว +3

    Hey Ravi, how much did the duplex and land cost you on the central coast? You mentioned the purchase and build was around 561K but to get a very basic duplex built in Sydney you’re looking at around 400K min. Also was it an empty block you purchased?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +3

      Hey Manny! Yeah it was an empty block of land. The duplex build from memory was about $360k - $400k. It was a few years ago and the builders were local so got lucky with not paying the premium ‘Sydney tax’ haha

  • @Johnny-zj7ul
    @Johnny-zj7ul 2 ปีที่แล้ว

    how are you calculating your rates? It is inclusive of principle pay down?

  • @singlemaltjack2410
    @singlemaltjack2410 3 ปีที่แล้ว

    Really great and honest content mate. Finally someone I can follow in Australia that gives some good local advice and tells things how they are. Come across and check out our channel also for some great single malt whisky and craft beer advice!! Cheers Daniel

  • @jimilpatel4776
    @jimilpatel4776 9 หลายเดือนก่อน

    Are you able to cover emi , management, and insurance cost
    In rental yield ?

  • @Bakingismytherapy22
    @Bakingismytherapy22 2 ปีที่แล้ว

    Super like to know about your portfolio, but how do you get the loan? Banks refuse after few properties though we have deposit amount.

  • @dmac13
    @dmac13 3 ปีที่แล้ว

    Hey Ravi, only just found your channel. Very interesting. Do you get your properties independently valued often, are you working with bank valuations from when you have drawn out equity, or your estimations? Just trying to understand how I can value my properties.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey David, thank you for watching :)
      I’m basing it on the most recent bank valuations

    • @dmac13
      @dmac13 3 ปีที่แล้ว

      @@PersonalFinancewithRaviSharma cool thanks for sharing. Loving your content. Wishing you a big 2021.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      @@dmac13 Thank you David, wish you all the best too this year!

  • @charithsuminda123
    @charithsuminda123 ปีที่แล้ว

    Good one Well-done Ravi and thanks for your transparency. Just quick Question how much interest you are paying and i did rough estimation and i assume this is what you will will be making ( please correct if i m wrong all figures are my assumption as not mentioned) , Total Rent year= 220480 (assume 0 vacancy) , Agent Fees = 11000 (5% average) , Council rates =26000 , Water Connection charges =10000, Body Cooperate ? ( assume ) 7000, Insurance 13000 , Assume current interest rate (4-5% ) ypu will be paying 150,000 in interest for 3.1 mil , + repairs and Maintenances assume 1% year (30000$) do you think for 13 properties its enough passive income? I never Discounted the Capital growth which is massive around 450K per year. Just for my understanding only to convince my self...

  • @MyTk89
    @MyTk89 3 ปีที่แล้ว +1

    Hey Ravi, great video and great passive income build, congrats.
    Two questions:
    1. In regards to capital gains tax, when selling of properties, what is your strategy there? I am given to understand to avoid capital gains tax you need to live in the property the first year for 6 months and there after every 5 years.
    2. In terms of insurance for both the property and rental insurance, do you have a company or companies you recommend ?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +2

      Thank you!
      1. I believe with CGT, it's based on if you live in the property for 6 years as that will then determine if it's your PPOR. This is one way I am aware of that you can avoid the CGT. I don't mind paying taxes because it just means I'm making profits. I feel like "avoiding tax" is a defensive mindset and it's not what got me here so if the tax man wants their cut, I'm alright with that haha
      2. I've used NRMA, Westpac insurance and they seem to be fine. All the companies are pretty similar in their offerings though :)

    • @MyTk89
      @MyTk89 3 ปีที่แล้ว

      @@PersonalFinancewithRaviSharma thanks for the response mate. Appreciate it. Wish you luck in continuing your wealth growth :)

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      @@MyTk89 You too! Smash up 2021 :)

    • @MyTk89
      @MyTk89 3 ปีที่แล้ว

      @@PersonalFinancewithRaviSharma let me know where I can get in touch with you!

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      @@MyTk89 Feel free to shoot me an email on ravi@searchpropertyau.com.au

  • @Slashart666
    @Slashart666 3 ปีที่แล้ว

    So when you bought your first house did you have large deposit or use your own home as security? cheers

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey! I had a 10% deposit that I had saved up. I have a video on this channel about my first property experience where I discuss this in detail. Here is the video - th-cam.com/video/pVcHtct9znQ/w-d-xo.html

  • @willmcbeath1744
    @willmcbeath1744 3 ปีที่แล้ว +1

    Hi Ravi! Would you be able to address you own opinions and thoughts on the interest rate cuts that the RBA have announced? and what this means for investors and the real estate market? do you believe this will be better or worse for those investing in real estate?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      Hey Will, I broke it down in my private facebook group "Passive income and Australian Real Estate Tips" - come join the community :)
      I can make a more detailed video if you like?

    • @willmcbeath1744
      @willmcbeath1744 3 ปีที่แล้ว +1

      SearchPropertyTV - Australian Real Estate Hey Ravi, I can’t seem to find the group but I have found Search property on Facebook. any way for me to join the Group?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      @@willmcbeath1744 here's the link the bud :)
      facebook.com/groups/361198781729010

  • @imrichbtch1995
    @imrichbtch1995 2 ปีที่แล้ว

    Are these long term rentals what if you did short term would city be better investments

  • @qwewert9942
    @qwewert9942 10 หลายเดือนก่อน

    how do you calculate current value of one of your properties?

  • @alexfranse2289
    @alexfranse2289 2 ปีที่แล้ว

    Is the private fb group, passive income and real estate tips still active?

    • @gabwire6796
      @gabwire6796 2 ปีที่แล้ว

      Hit me up directly☝☝
      For more guidance and advice on investments...

  • @uberboiz
    @uberboiz 3 ปีที่แล้ว +1

    How come the current loan balances for properties 1 and 2 are higher than the original purchase prices? Doesn't make sense to me, but maybe I'm missing something here.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      Hi! So it’s because I went to extract equity from the first few properties to then be able to purchase more property.
      This would increase the debt on the property but the bank is happy to do so because the property had experienced capital growth 👍🏽

  • @JohnS-hr9qd
    @JohnS-hr9qd ปีที่แล้ว

    thank you for the insight. can i ask if all these purchases were by yourself or with a partner?

  • @kirk1canedo
    @kirk1canedo 3 ปีที่แล้ว +1

    I am inspired with this video. I bought my first property last year. and I am planning to get another one this coming March. What do you think about LMI? My bank ANZ asking me for a 20 percent deposit. I am still looking for some other bank which can give me 10 percent plus LMI.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey Kirk, thanks for commenting and engaging in the content :)
      I don't mind paying LMI if it allows me to get into the market with a good asset quicker. I have paid it multiple times. It comes down to the strategy and what asset you are looking to get into :) Hope that helps

    • @kirk1canedo
      @kirk1canedo 3 ปีที่แล้ว

      @@PersonalFinancewithRaviSharma I was looking to get 2 properties with 10 percent deposit rather than putting 20 percent deposit in 1 property. My goal is to grow my cashflow and get more properties if I can. What do you think about AIR BNB? I am planning to do a hospitality business like AIRBNB stuff. Rather than a long term rental. I don't know if it's a really good Idea as of the market is down at this time. I just like the feeling that I furnished the place and it's close to CBD so I can also stay with the place if I wanted too.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      @@kirk1canedo My preference is to have the safer, less risky options for my foundational properties and then later on I can get into more advanced strategies. This way, if there are some issues, I can cover it with my earlier buffers :)

  • @ricardogomes4929
    @ricardogomes4929 3 ปีที่แล้ว

    I’m 16. And I am wondering what I can do to best prepare myself for buying my first investment property the earliest I can. Any tips?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      I'd say get educated asap and learn the cause and effect in real terms. You should enroll in the COnfusion to Clarity Online course :)

  • @davidye8709
    @davidye8709 2 ปีที่แล้ว

    Hey Ravi, would you rather buy one inner city house for 1 mil or four 250k rural houses?

    • @gabwire6796
      @gabwire6796 2 ปีที่แล้ว

      Hit me up directly☝☝
      For more guidance and advice on investments...

  • @keanuphillips6424
    @keanuphillips6424 5 หลายเดือนก่อน

    Hey I couldn’t find the Facebook group

  • @brensavage
    @brensavage 3 ปีที่แล้ว

    What about bank interest costs also? The reality is your properties have grown in value by 31% which is great. How much has the interest payments been on this portfolio? Just interested as would like to know all costs involved to start, build and run a portfolio like your example.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      I’ve got a course that dives deeper into all the costs associated with building your own portfolio. It’s called confusion to clarity online course for Australian Real Estate.
      I also have another video which I’ve made about the income this portfolio makes with a breakdown of holding costs.

  • @IrishCoffee35
    @IrishCoffee35 3 ปีที่แล้ว +2

    Hi Ravi, great portfolio, would appreciate if you could share some tips of how to do research on finding those under valued properties, there are so many in the market and hard to make a choice. Also, do you do frequent trips to those regional locations for a on site checking? It is not easy for a ppl who work full time to do that... very curious to know how you manage it. Thanks

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      Hi Cally, I'm currently working a huge announcement coming out in about 3 - 4 weeks which will be research centric and helping people with how they can perform their own research :)
      We have a 4 point inspection system for our clients which has allowed us to continue buying even throughout lockdowns

  • @darccrow
    @darccrow 3 ปีที่แล้ว +3

    You bought for xxx amount. Is it just house price, or house+fees(stamp, pest, tax etc)? What are outgoings on these properties?(repair, council, strata, interest+principal, etc)? How much you can get from taxes, if you can?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      This is just the house price and doesn't include other purchase costs like stamp duty and inspections, conveyancing etc.
      For the ongoing costs you should check out my passive income video which breaks down my entire portfolio as a whole :)
      As for tax credits, that is super difficult to put together in a video because there are moving pieces to the puzzle there sorry!

    • @darccrow
      @darccrow 3 ปีที่แล้ว +1

      @@PersonalFinancewithRaviSharma Ok, so its not so rosy, but still ok. Thank you Ravi

    • @uberboiz
      @uberboiz 3 ปีที่แล้ว +4

      @@darccrow That's the problem with properties - once you take into account transaction and ongoing costs, the picture is never as rosy as what people paint it to be. People tend to focus only on the purchase and selling prices when assessing capital gains on their real estate, when the reality is financing cost itself could easily eat away a significant portion of the profit.

  • @natesheridan9289
    @natesheridan9289 3 ปีที่แล้ว

    So you actually had 9 properties. That's cute..

  • @desiListener
    @desiListener 3 ปีที่แล้ว +1

    Hi Ravi,.
    I am looking to invest in property. But before buying anything i need a advice from experts.
    How can i contact you?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hi Bikram, that's exciting :) shoot me an email about what your current position is what you are looking at achieving.
      ravi@searchpropertyau.com.au

  • @ps3rocksps2rocks
    @ps3rocksps2rocks 2 ปีที่แล้ว +1

    Investing is great but make sure you borrow money within your limit.
    You would wanna sleep well at night when things go dark.
    Great content tho.

    • @gabwire6796
      @gabwire6796 2 ปีที่แล้ว

      Hit me up directly☝☝
      For more guidance and advice on investments...

  • @ayushmandhan8518
    @ayushmandhan8518 3 ปีที่แล้ว

    How did you earn the money for your first property? Did you continue with job in the first few years of investment?

  • @differentworldswebseries3726
    @differentworldswebseries3726 3 ปีที่แล้ว

    Great content..

  • @joshweatherstone5232
    @joshweatherstone5232 3 ปีที่แล้ว +2

    Hey Ravi, just wondering have you made a video on buying your first investment property and if not you should. Hahaha

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +2

      That is a brilliant idea! I'll add it to the list ☺️ thank you for the idea ✌️

    • @joshweatherstone5232
      @joshweatherstone5232 3 ปีที่แล้ว +1

      @@PersonalFinancewithRaviSharma yeh, I’m really young and just want to get into real estate as soon as I can

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      @@joshweatherstone5232 compound growth will be your best friend ;)

    • @joshweatherstone5232
      @joshweatherstone5232 3 ปีที่แล้ว +1

      @@PersonalFinancewithRaviSharma Should do a video on compound growth too, ahahah

    • @AFulfilledLife
      @AFulfilledLife 3 ปีที่แล้ว +1

      @@PersonalFinancewithRaviSharma I second this please! Assuming your first had a tonne of lessons you learned, and lessons others can learn before going into property #1?

  • @imaadshukur9200
    @imaadshukur9200 8 หลายเดือนก่อน

    Ravi but 5% growth is nothing when inflation itself is at 7% per year. Could you please explain why property investing is worth it. I mean for example, an S&P 500 index would give you more returns over the years without any overheads (maintainance, no water or council fees)

  • @samuelbarnes9243
    @samuelbarnes9243 3 ปีที่แล้ว +1

    So what I'm seeing here as is that the rental income hasn't increased at the same rate as the housing price. Won't this cause a shock in the future where rent is either pulled up to meet the housing price increase or what i would argue is more likely the house price is pulled down by the slower increase in rental returns?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      Hey Sam, thanks for the comment. Here's my POV.
      It's very rare to find a high growth area where you have rental growth keep up with the capital growth. I don't see this changing anytime soon, if ever. To illustrate, the best example is to look at places like Sydney/Melbourne. They once had 7%+ yields and as capital growth kept coming in, their yields kept dropping. Now they sit at about 2-3% which is tragic. It's been like this for the past 10 years, yet capital growth as part of the cycle has continued to grow at 5%+. In regional areas, it's a similar story in that they had yields of 12%+ and now are at about 6-7%.
      This is a major reason why buying properties sooner rather than later allows you to take advantage of strong cashflow from the beginning whilst being the market long enough to get the capital growth too.
      I've found that with my properties, I've experienced great rental growth whereas average properties out there, have very little rental growth. Hope that helps bud

    • @samuelbarnes9243
      @samuelbarnes9243 3 ปีที่แล้ว +1

      ​@@PersonalFinancewithRaviSharma Wow i was not expecting you to respond so quickly. Thank you so much for getting back to me mate i really appreciate it. I understand all of that but that cannot continue forever as It causes a disconnect between the value of the underlying asset and the income that asset produces. That's exactly how bubbles form and pop. At what point do investors say "This isn't profitable for me anymore"? One thing we do know however is the Government is going to do whatever they can to keep the party going, they have proven this already but at what point does it become unsustainable? Personally i simply can't see the housing market being anywhere near as profitable in the next 20 years as it was in the last 20 years without a correction of this misalignment. Regional centers are performing better then major hubs, but in both cases the gap between housing prices and rent is widening.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      @@samuelbarnes9243 haha caught me on a good day 😂
      I agree with that for sure! The days of creating massive amounts of wealth and property portfolios of 10+ properties is definitely numbered.
      You've hit the nail on the head, it's now clear as ever that the government will not allow for real estate to slip through the cracks. This is evident across the world's major economies too.
      Interesting times ahead for sure!

  • @daniel2future777
    @daniel2future777 3 ปีที่แล้ว +1

    Hi how may i arrange a strategic section with you ?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey Daniel, at the moment we are completely booked out for the rest of the year. If you would like, shoot me an email with your current financial position and what you are looking at doing. From there, I can let you know when someone cancels and how I can fit you in :)
      ravi@searchpropertyau.com.au

  • @arjitsingh7296
    @arjitsingh7296 2 ปีที่แล้ว

    Best regional towns to buy in?

  • @georgemahfoud1204
    @georgemahfoud1204 3 ปีที่แล้ว +1

    I`m 19 and I just started a real estate course it`s confusing to be in the business with people who had a lot of experience, even you feel they are speaking a different language. Thanks for this helpful video.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Hey George! Don't be too harsh on yourself bud, alot of the stuff is learnt along the way. If you ever want some help or need some guidance, I'm here to help :)
      Would love to hear your story and progress, shoot me an email bud.
      ravi@searchpropertyau.com.au

    • @TheAuzzieSniper1
      @TheAuzzieSniper1 3 ปีที่แล้ว

      @@PersonalFinancewithRaviSharma Do you ever buy properties in the meblourne region?

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว +1

      @@TheAuzzieSniper1 At the moment, no. I do think there's better opportunities elsewhere at those prices so just couldn't talk myself into getting in. It's a similar sort of story with Sydney.

    • @TheAuzzieSniper1
      @TheAuzzieSniper1 3 ปีที่แล้ว

      @@PersonalFinancewithRaviSharma yeah, true prices are sky rocketting for both melb and sydney all the time, where would be good, I think Tasmania would be a good market right now.

  • @Keeping1tReal
    @Keeping1tReal 10 หลายเดือนก่อน

    Why do you always refer to yield rather than roi

  • @damienfrizzell9394
    @damienfrizzell9394 ปีที่แล้ว

    are all these intrest only purchaces?

  • @sindujamariyappan9324
    @sindujamariyappan9324 3 ปีที่แล้ว

    How do I know the undermarket value

  • @shoaibrehman9988
    @shoaibrehman9988 3 ปีที่แล้ว +1

    Unbelievable how did you buy property 3,4,5 in 2016 who is paying stamp duties.
    Who is paying council fee , other expenses.

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  3 ปีที่แล้ว

      Haha thank you :) Obviously, I’m paying for all my expenses as I own this portfolio 100%.
      This is the power of having a strong plan and strategy as well as proper research to get the best results 🙌🏽

  • @user-bi2yc3lh8c
    @user-bi2yc3lh8c 11 หลายเดือนก่อน

    Which town is the regional Vic property in?