Unpacking Rentvesting with Lorna Wang Money Mechanics with Scott Malcolm

After only hearing about the good things going on with property I bought my first investment at the age of 22 🙌🏼 It was a huge milestone that I'd been working towards for many years but I was naive and uneducated 🤡 in this space which led to a massive missed opportunity 😣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 👎🏼 as a novice investor I was able to turn it all around ↩️ with the help of buyers agency, InvestorKit which was my missing puzzle piece 🧩 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 🚀This experience has ignited my passion ❤️‍🔥 to prevent others from making large financial commitments to an asset that doesn't produce the outcome they're hoping for 💸I'm now working as a Buyers Agent, partnering with InvestorKit (Buyers Agency of the Year 2023 🏆) 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 ♟️ and portfolio mapping 📍 - discovering outperforming locations across the Australian property market 📊- sourcing desirable properties both on and off market 🔎- networking with real estate agents 📞- negotiating at relevant stages of the buying process 🤝🏼 - ensuring a property is successfully settled and tenanted ✅ - all whilst helping my clients stay accountable to their long term investing goals 💪🏼

 

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

 

 

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

 

Check out more about us here:

www.moneymechanics.com.au

www.scottmalcolm.com.au

Check out our Financial Service Guide and Privacy Policy here.

 

Follow and like us on socials:

Instagram: @moneymechanics

Twitter: @moneymechanics

 

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

 

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

 

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.  Past performance of financial products is no assurance of future performance.  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.  
See omnystudio.com/listener for privacy information.