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802 from first home fail to 6 properties worth over $3m (Ryan's story)

802 from first home fail to 6 properties worth over $3m (Ryan's story)

this is property ยท John Pidgeon & Rachelle Kroon

January 20, 202653m 22s

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Show Notes

In today's episode Rach interviews Ryan* who, after selling his first home at a loss, has methodically rentvested and built up a portfolio worth over $3m across QLD. Ryan walks through every decision, mistake and turning point, touching on:


๐Ÿ‘‰๐Ÿพ buying his first home on the Gold Coast in 2009 and selling 5 years later

๐Ÿ‘‰๐Ÿฟ rentvesting and buying IP 1 in 2018 in Brisbane

๐Ÿ‘‰๐Ÿป buying IP 2 in 2020 in Ipswich

๐Ÿ‘‰ buying IP 3, 4 and 5 in 2022 in Townsville

๐Ÿ‘‰๐Ÿฟ buying IP 6 in 2024 in Townsville with the long term goal to retire into it

๐Ÿ‘‰๐Ÿป his landlord philosophy

๐Ÿ‘‰ what each property is worth as of December 2025

๐Ÿ‘‰๐Ÿฝ Ryan's tips for selecting properties and property managers

๐Ÿ‘‰๐Ÿฟ owning property 6 outright and his ultimate goal for the property portfolio


*Name changed for privacy


Have a question for John and Rachelle? Connect with Rachelle on Instagram: https://www.instagram.com/rachellekroon_money/ or post in our Facebook group: https://www.facebook.com/groups/m3.podcast


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Rachelle Kroon is the director and founder of Sphere Home Loans, which sponsors this podcast. Need a mortgage broker? Check out https://www.spherehomeloans.com.au/


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