A personal trainer with no real estate experience bought a 2-bedroom unit on Marine Parade in Labrador, renovated it, and sold it nine months later for a $70,000 profit. He cut expenses and found extra income to save for the down payment after attending a property seminar.
I started, I had no experience. I was a medim when I was a personal trainer. I went to a seminar, I learned about property investing. I made a decision I was gonna buy my first property in 6 months' time, even though I had no money. I chose to leave my excuses behind me and do it anyway. I saved as much as I could. I started scrimping on things. I started finding some more ways to earn some more income. I got the stamp duty savings. I bought my first place in Labrador on the Gold Coast on Marine Parade, a 2-bedroom, 1-bathroom unit. Did a reno on it, made $70 grand in the space of 9 months. That's how I got started, right? Like, what excuses are you gonna keep living by? Or what are you gonna go, nah, not another moment, not another day, I'm done. Let's go. What do we need to do? What do we need to do?
