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916b Mitch has 3 properties & no borrowing power, what to focus on next? (clarity call with John Pidgeon)

4/22/202653 min

Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/

In this clarity call, John Pidgeon host of this is property chats with Mitch who is feeling stuck and unsure on how to move his property portfolio forward. They unpack:

👉🏼 Mitch’s roadblock

👉🏽 his businesses

👉🏿 long term lifestyle, property and business goals

👉 cashflow and expense management

👉🏻 the lending reality as a new business owner

👉🏾 clarifying focus & building income first, then investing

👉🏼 Mitch's property portfolio

👉🏿 John's 4 pillars of wealth creation

👉 action steps

Interested in a clarity call with John? Book here: https://www.solverewealth.com.au/clarity-call-with-john-pidgeon/

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This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.


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Transcript preview

First 90 seconds
  1. John Pidgeon· Host0:00

    [upbeat music] Okay. Today we're doing something a little bit, little bit different on Money Money Money. First of all, I'm John Pigeon, not Glenn James, and we've got a guest on the show that, uh, basically doing a live clarity call for. So those who are over on the property show, go and check it out. This is property. Um, we do a, a clarity call in my business, and we basically overcome roadblocks that people have got in their life. Now, this young fella has three investment property, or three properties, sorry, under his belt, um, and like a lot of investors at this stage, hit a few roadblocks. So the big question becomes, um, how do we build from here over the next ten to 15 years, especially when he's got a little bit of time on his hand, um, without getting stuck in this world that we live in? So looking forward to unpacking this with Mitch. I'm John Pigeon, and you're listening to Money Money Money.

  2. Glenn James· Host1:00

    [gentle music] Before we get into it, this show is general advice only. I've got a license to provide that advice. Full details can be found in the show description. My name's Glenn James, former financial advisor. I host this show and a show called Retire Right. I've got some books, the award-winning Quickstart Guide to Investing and the Quickstart Guide to Your First Property available where good books are sold or in the description. If you're new here, welcome. If you're an old hand, welcome to M3. Let's get into it right

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