The Rentvesting Podcast: For Gen X and Y Property Investors
About This Show
If you're a property owner, investor or looking to get into the market this Podcast will help cut through the hype, look at the facts and draw on decades of experience to help you make smarter property decisions.
The Rentvesting Podcast is for Gen X and Y Property Investors. If you’re a property owner, investor or looking to get into the market The Rentvesting Podcast will help cut through the hype, look at the facts and draw on decades of experience to help you make smarter property decisions.
Each week Red & Co Director, and Award Winning Finance Broker Jayden Vecchio will unpack the facts behind the property market, explain what’s really going & where the market is heading.
Are you ready to make better property decisions and learn to live where you want, but invest where you can afford?
Most Recent Episode
Taku Ekanayake: The Uber Driving Rentvestor. His top 3 Rentvesting Strategies
6 days ago
Taku Ekanayake has gone from renting in Sydney to building a property portfolio of over 6 properties. He truly lives the rentvesting philosophy. In this episode, Taku goes through how he started investing with not a whole lot of money (middle-income salary) and then implemented the rentvesting strategy. We'll speak about: How he went from 1 to 4 properties Buying interstate Some cool ideas and tips on ways that you can renovate a property before you own it and get the previous landlord to pay for your interest and expenses. For those who haven't heard of Taku, he's actually not a full-time property investor. Tell us about yourself: I'm 28 years old and live in Sydney by myself renting, hence why I'm a rentvestor. I was born in Japan but moved here as a toddler, now I work as a sales professional for an IT consultancy. Eventually, I want to get into property full time, but right now investing is just humming in the background I started in October 2015, and I managed to progress pretty rapidly through the strategy I adopted. When you started, you were on a middle-income salary and renting a share house in Marrickville. How did you get into the market? Initially, I was looking for somewhere to live in Sydney, and even prices then were around $500-600k, I was priced out of the market and only had a deposit for half of that. This was a blessing in disguise. I read Robert Kiyosaki’s - Rich Dad Poor Dad which was a game changer for me, I shifted from that 'Australian dream' to making your money work for you and looking for income producing assets. Once I started researching into that space I got fixated on it and taken into a maze. Through that, I found different markets and went interstate. What made you look interstate, what was your criteria? I know I'm not supposed to be investing purely on how much I can afford, but at the time I wanted to get into the property market and only had saved a deposit and just had to look at the market through that. At the time, I was researching what areas were best suited to me, I wanted something that would look after itse