Purpose Property Podcast with Luke Wiles

Stop working a 9 to 5 | Retirement Strategy Australia

Retire Early in Australia with Real Estate Investing. In this episode, I will share with you a retirement strategy that is specifically tailored for Australians. This strategy is based on the FIRE (Financial Independence, Retire Early) movement. The FIRE movement teaches people how to save and invest their money so that they can retire early and live off their passive income. This is possible by following a few simple steps: -1. Save a high percentage of your income. 2. Invest your money wisely. 3. Live below your means. If you're serious about retiring early, or just giving yourself more freedom to make choices, then this episode is for you.

5 Best Brisbane Suburbs 2024

In this video, we'll explore five suburbs poised for growth in the Brisbane property market in 2024. With the southeast Queensland market experiencing consistent growth, now is an excellent time to invest in these promising areas. Remember, these are just a few of the many promising suburbs in Brisbane. Conduct thorough research and consult with a property expert to make informed investment decisions.This is not financial advice.

Our 2024 Investment Plans

Join us as we delve into our exciting property investment plans for 2024! This year is shaping up to be a significant one, with major renovations, strategic refinancing, and even the potential acquisition of a motel. Stay tuned for regular updates on our property journey and don't forget to subscribe for more exciting content!

How to Sell Your House & save thousands!

Are you thinking about selling your home or investment property? Why not save on the selling agent commissions? If you choose to use Property Now to sell, make sure you use code "PURPOSEPROPERTY". In this video, I'll show you how to sell your own home in Australia, step-by-step. I've sold several properties myself, including my childhood home, and I'm here to tell you that it's perfectly doable. And the best part is, you could save thousands of dollars in commission.

Property Investing Made Simple: 5 Steps to Success

Investing in real estate doesn't HAVE to be complicated! Today I chat through my 5 simple property investing steps.
1) Do your research: Understand the market, narrow down to a specific area, and look at the quantitative and qualitative data to make informed decisions.
2) Set yourself up with clean financials: Have a separate bank account for each property, and get confident in dealing with brokers and banks.
3) Take action: Don't worry about timing the market, focus on time in the market. Understand your risk profile and build your asset base.
4) Find the right management: Find a set-and-forget property manager who will charge a fair fee and provide you with high-quality service.
5) Track your property portfolio: Use a spreadsheet to track all of your income and expenses. This will help you to maximise your cash flow and make informed decisions about your investments.
Don't forget... Be patient: Property investing is a long-term game. Don't expect to get rich quick. Be diversified: Don't put all your eggs in one basket. Spread your investments across different properties and locations. Get professional advice: If you're not sure about something, it's always a good idea to speak to a professional, such as a financial advisor or a real estate agent.

From $300k to $700k borrowing capacity: How this client did it

In this video, I sit down with Baxter from Woodrow Finance to discuss the story a client who was able to increase their initial borrowing capacity estimate from $300,000 to a $700,000, even though they were an individual borrower and only had one income stream. This story is a great example of how working with a mortgage broker and a buyers agent can help you achieve your financial goals.

How We Make $215k/YR from Real Estate at 29

Breaking down our property portfolio's income and expenses, in detail! In this video, I'm going to share my story about how I and my wife, Emily, were able to build a $215,000 per year real estate portfolio before 30. I'll talk about the whole journey, including the strategies we used. I'll also discuss how the upcoming interest rate hike is going to impact our bottom line and what we're doing to prepare... If you're interested in learning more about how to build a successful real estate portfolio, be sure to subscribe to my channel and watch my other videos. I also offer a free consultation to anyone who is serious about getting started in real estate.

Solving the Australian Housing Crisis

Australia's rental market is a bit of a mess right now. Investors are selling up, rents are skyrocketing, and renters are struggling to find a place to live. In this video, I'm going to break down the five key things you need to know about the rental crisis, and I'm going to share some of my thoughts on how we can fix it. So, if you're a renter, a landlord, or just someone who's interested in the housing market, then this episode is for you. 

Property Investing Q&A: 10 Common Questions + Mistakes to Avoid!

Property investing can be a great way to build wealth over the long term, but it's important to do your research and understand the risks involved. In this video, I answer five common questions about property investing, as well as provide additional tips and advice.

8 Years of Property Investing: Lessons, Triumphs & Regrets