Nov 27 2024 31 mins 4
On this episode of No BS With Birchy, Nathan Birch shares the raw realities of hitting the lowest points in investing. He dives into personal setbacks, challenges with staff and government pressures, and the lessons that shaped his success. Tune in for real-life examples and key tips to push through adversity and thrive in your investing journey.
Show Notes:
00:07 - Introduction to the podcast about the lowest points in investing
01:49 - Setting a goal to own 10 properties by age 30
02:39 - 25 properties at 25 years old
02:57 - Dealing with staff issues and adversity
07:12 - Working two full time jobs, 20 hour days for an entire year
07:52 - “How do I get there? How do I understand?”
08:32 - Learning how to be a businessman
09:13 - Living frugally to support investments
10:21 - Facing property challenges
10:57 - Putting protection measures in place to remove risk
12:44 - “The world is made of decisions”
13:52 - “I wouldn’t change a single thing”
14:20 - Purchasing motels without hospitality experience
15:35 - Dealing with government organisations
16:45 - Working two jobs and trying to budget
18:12 - Controlling emotions when faced with adversity
19:20 - “I’d staple my socks together” - Different stages of investing
23:55 - Renovating properties to provide equity
24:29 - Purchasing damaged properties to be resourceful
28:40 - Taking the first “No”. Importance of perseverance through challenges
Listen to this week’s episode while you’re running an errand or on the road here.
Liked the episode? Why not show it some love by liking it and leaving your thoughts in the comments?
Interested in building your property investment portfolio? Chat with our Investor Relations team to see how we can help you grow your investment property portfolio here.
Follow and turn on B.Invested’s Facebook page notification to know when Nathan’s going live every fortnight on Tuesday at 7:00 pm AEDT.
*DISCLAIMER*
The following videos have been prepared by Binvested.com.au Pty Ltd ACN (154 400 370). The factual information (“information”) provided in this website and the following videos is general in nature only and does not constitute any type of financial advice and is not intended to imply any recommendation or opinion about a financial product. The information has been prepared without considering your personal objectives, financial situation or needs. Before acting on any information provided in this website and in the following videos you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. Binvested.com.au Pty Ltd is not a financial advisor. Before making any decision, it is important that you should seek appropriate legal, tax, financial and other professional advice before you make any decision regarding any information mentioned in this communication, its website and the following videos. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Binvested.com.au Pty Ltd nor its related entities, affiliate companies, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information. We can provide access to our Investor Relations team should you wish to speak to them. Please contact 1300 367 925 to speak to a member of the Investor Relations team.
