While your mates are blowing money on Hiluxes and European holidays, these two former McDonald's workers are building a six-property portfolio in their twenties.

Brodie and Joel started working together at McDonald's when they were just 15 years old, but unlike many of their peers, they channelled their earnings into building wealth through property.

By living at home with their parents to minimise expenses, they've managed to acquire six properties between them while still in their twenties.

In this episode, we explore how rentvesting - investing in property while renting or living at home - has allowed these young investors to build impressive portfolios despite starting on apprentice wages.

They share insights on overcoming the temptation to spend on immediate pleasures, how they researched markets, and why buying in the right suburb does "99% of the heavy lifting" for property growth.

Plus, they explain why even imperfect properties can be excellent investments if they're in high-growth areas.

Key Points

00:01:00 Living at home
00:02:10 Sacrificing short-term pleasure
00:04:20 Starting a side business
00:06:30 Looking beyond your home state
00:10:10 Research and education
00:12:40 Getting professional help
00:15:00 What to focus on
00:17:30 The importance of the suburb
00:21:10 You don't need a 20% deposit
00:22:40 When rentvesting makes sense

Ready to see how you could use rentvesting to get ahead financially years or even decades before your peers?

Listen now to learn from two young investors who are already well on their way to financial freedom.

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Follow Brodie and Joel - https://www.instagram.com/thepropertytradies/

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Disclaimer: All information contained in this podcast is general in nature and does not consider your individual circumstances. You should consider the appropriateness of this information with regards to your individual objectives, financial situation and needs, and speak to a professional.