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Listen "Buyer’s Agent EXPLAINS: How Doctors Can Actually Retire on Property | Ep. 34"
Episode Synopsis
Join 28,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors -----In this episode, we're once again joined by Rich Harvey, buyer’s agent and founder of Property Buyer. Rich shares what it really takes to go from dabbling in property to building a scalable, income-generating portfolio, especially for doctors who feel stuck after buying one or two properties.Rich breaks down how to reverse engineer your target passive income figure, why $250K per year from property is achievable with the right strategy, and how debt recycling and equity play a much bigger role than most doctors realise.He also discusses why many high-income professionals hit a lending wall, how to restructure through trusts and asset protection, and the real cost of procrastination, especially if you’ve been sitting on the sidelines post-COVID.If you want to escape the trap of small-scale investing, scale your property portfolio like a seasoned strategist, and finally understand what it takes to build long-term passive income from property, make sure to listen to this episode!TIME STAMPS:00:00 Intro/Hook01:43 Rich's Background02:32 How to build your portfolio06:39 Reverse Engineering Your Numbers08:58 Overcoming Serviceability Constraints12:57 Competition in Rental18:05 Structuring Property Investments22:45 Starting Your Investment Journey + Role of Financial Advisers26:11 Impact of Labor's Housing Plan (1.2M Dwellings)33:29 Negative Gearing in Australia43:39 Conclusion/Outro-----SHOW NOTES LINKShttps://ifdgroup.com.au/ https://doctorbi.com.au/ https://au.linkedin.com/in/mian-bihttps://www.linkedin.com/in/sydney-buyers-agent/https://www.propertybuyer.com.au/----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast ----- FIND US HERE Website: https://ifdgroup.com.au/ Facebook Group: https://www.facebook.com/groups/investingfordoctors Facebook Page: https://www.facebook.com/investingfordoctors ----- DISCLAIMER The information provided in this podcast is for general purposes only
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