Ep 14: Property Nerds Unite!!! Joint Ventures, Renovating & Developing with Karen Young

 

Today’s special guest is the much loved host of Everyday Property Investing Podcast Karen Young!

Karen’s incredible journey from 1 bedroom flat to award winning property business is full of valuable lessons and a few cautionary tales for all of us!

 

SHOW NOTES

04:36 How Karen started property investing

08:00 How Karen educated herself on property investing

09:59 The story behind Everyday Property Investing Podcast

13:11 Karen’s upgrade: renovating and developing properties

15:17 Research and Analysis: Karen’s approach to purchasing properties

16:24 The people that Karen enjoyed talking to on her podcast

18:46 The perks of podcasting

21:00 More property purchases!

22:29 Karen’s tips and steps in developing her properties

26:33 Turning her passion into business – How Karen became a Buyer’s Agent

33:55 Karen’s tips on what to look for and how to know an area

37:25 Who is Karen’s ideal client?

38:51 Karen’s edge from other BA’s

41:45 Karen + JV partner = crazy but successful reno project!

48:07 Karen’s thoughts and tips on DIY vs hiring tradies

51:52 Karen’s tips to people planning on doing renovation and flipping projects

52:52 What’s next for Karen Young?

53:30 Tips for finding the right suburb

54:32 Karen’s thoughts on Brisbane market

56:41 Karen’s best tips to new investors

I wanted to make my passion into my business.” – Karen Young

Getting to know an area and getting to know the type of people, the type of properties can really add to that value bank of research.” – Jane Slack-Smith

What’s right for one person isn’t necessarily right for another and what’s right for you at one point in time isn’t necessarily right for you at another point in time. You have  to evolve.” – Karen Young

RESOURCES AND LINKS

ALSO MENTIONED

If you are thinking about engaging a buyers agent then check out that they are members of REBAA (Real Estate Buyers Agents of Australia) https://rebaa.com.au/
REBAA members need to clear a number of hurdles before qualifying for membership, so this gives consumers a little more certainty.

 

TWEETABLES

[bctt tweet=”It’s good to be able to learn and not lose money”]
[bctt tweet=”Consistency and commitment is my thing”]
[bctt tweet=”If you’re the person taking the action then you’re gonna further than the person who doesn’t”]
[bctt tweet=”Sales by education is a big part of our business”]

 

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