How to Build a Property Portfolio Fast! (Lender's Mortgage Insurance)

15/10/2024 21 min Temporada 1 Episodio 21
How to Build a Property Portfolio Fast! (Lender's Mortgage Insurance)

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Episode Synopsis

Send us a textHow to build a property portfolio fast! (Lender's Mortgage Insurance)Unlock the secret to fast-tracking your entry into the property market with lender's mortgage insurance (LMI) as your ally. Ever thought of LMI as a burden? Think again. I, Casey Taylor, share my personal journey where a $19,000 LMI payment on a property purchased in July 2021 became the key to extracting significant equity and launching a thriving property portfolio. Tune in as we challenge the conventional mindset, shining a light on how LMI can be used strategically to enter high-growth areas with minimal deposits, and capitalize on rising property values. It's time to shift from seeing LMI as just another cost to viewing it as a powerful tool for wealth accumulation.Join us as we explore the art of leveraging LMI to accelerate your real estate ambitions. We'll dive into scenarios that demonstrate how embracing higher risk and leveraging equity can deliver long-term wealth benefits, thanks to the compound effect and strategic asset growth. Learn how to navigate the pitfalls of a scarcity mindset and the importance of serviceability and financial structures. Discover the advantages of investing in the right locations, while avoiding the dangers of bypassing professional guidance. This episode is packed with real-life examples and actionable insights to inspire and educate you on the potential of LMI in building a substantial property portfolio.Book a Discovery Call!https://tayloredpropertywealth.zohobookings.com/#/bookdiscoverycallSupport the showLearn, invest, grow! Did you learn something new in this episode? Or found value in the episode? Please make sure you leave us a 5 star review if you haven’t already. FOLLOW US: IG: https://www.instagram.com/tayloredpropertywealth?igsh=MTdndjJmbnpjdXd0cA%3D%3D&utm_source=qr TikTok: https://www.tiktok.com/@casey.taylor_tpw Facebook: https://www.facebook.com/tayloredpropertywealth?mibextid=LQQJ4d Youtube: https://youtube.com/@tayloredpropertywealth?si=qCGpAx9G1gPLES8I Taylored Property Wealth Buyer’s Agency: https://tayloredpropertywealth.com.au/ Disclaimer: The viewer/listener acknowledges and agrees that: Taylored Property Wealth Pty Ltd is a licensed Buyer’s Agency operating in New South Wales, Australia. It is not a licensed financial adviser, accountant, solicitor, mortgage broker, builder, engineer, architect, town planner, or property manager. The information provided in this episode (or any related media content) is general in nature and does not...

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