How a Bentley and an Investment Property Transformed My Life!
How a Bentley Car and a House Changed My Life
The Cool Story About Money and Houses
Hey there, if you’re into money stuff or just curious about it, I’ve got a story to tell you. It’s all about how I learned to handle money and make it grow.
A Fancy Car That Got Way Cheaper
Once upon a time, there was a super fancy car called a Bentley. Back in 1986, it cost a ton, like $240,000! But guess what? I found one for sale recently, and it’s only $32,000 now. That’s a big drop in price!
My First House Adventure at 19
But this story isn’t just about cars. It’s about me when I was 19 and my first adventure in buying a house. The house was at 25 Reynolds St, Old Toongabbie. It was just a regular house, nothing fancy.
How Choices Can Change Everything
You know, the choices you make in life can be very important, especially when you’re young like I was. The decisions we make at 19 could mean we have a $32,000 depreciating asset 37 years later or $8.76 million in assets.
A Chat About Cars and Houses
So, I was talking to my friend, Mr. D, the other day. He saw a Bentley for sale, just like the one I mentioned earlier. We started talking about how I got into owning houses. It all began with that house on Reynolds St when I was 19.
How I Managed to Buy That House
Back then, I didn’t have much money. So, I rented out every part of the house I could. I even put a caravan in the backyard and let my half-brother stay there. I rented out the bedrooms, My girlfriend rented the garage. That’s how I paid for the house.
Comparing Buying a Bentley and Houses
Now, let’s compare. That fancy Bentley cost $240,000 back then. Yeah, it would make us look cool, but it comes with lots of bills and stuff. But if we took that same money and bought three houses like the one on Reynolds St, it would be a smart move.
The Amazing Journey of My House
Guess what? That house I bought for $139,000 in 1993 is now worth $1.34 million! And I didn’t stop there. I built two more houses behind it, and they’re worth $855,000 each. That’s like $1.6 million more!
The Good Choice
Looking back, if you had the 240,000 and invsted in three properties instead of the fancy Bentley your life would be very different 37 years on.
Those three houses are now worth $8.76 million in total!
It’s proof that smart choices with money can make you really happy.
A Message for You
I wanted to share this story because when I was young, I didn’t always make the best choices. So, if you want to have a great life with lots of money for your future, think twice before buying something fancy like a car. Instead, put your money into things that grow in value, like houses.
Learn More in My Webinar
I made a short video where I explain simple property investment strategies you can use to start building your portfolio now. The webinar is not about selling stuff; it’s about sharing what I’ve learned about making money with houses.
Get Smarter About Money
In the video, I’ll show you how to buy a million-dollar apartment with just $20,000.00 and I give you a checklist of six things to look for when you want to buy an investment apartment.
I promise you’ll be way smarter about investing in property after watching it.
Need Help? I’m Here for You
If you need help with houses in Gold Coast or Brisbane, I’m pretty good at it. You can reach out to me at 0466427900 or [email protected]. I’d love to help you with finding your investment properties on the Gold Coast or Brisbane.
The End – Go Make Money and Be Happy!
So, that’s the story of how a Bentley and a house changed my life. I hope it inspires you to make smart choices with your money. Go out there, find great properties and become financially free.