EPI 033 | How to turn your property investing into a great lifestyle forever

So you’re all geared up for property investing.

You’ve got a plan to grow your massive property empire?

Fantastic – but what’s your overall plan? What’s your exit strategy?  How much do you actually need to retire comfortably?

Well, listen in as we talk through ‘the big picture’ on how to turn your property investing into a lifestyle and how to plan for your retirement.

Things we talk about:

  • The slap – and how your perception creates your reality (oooo…esoteric!)
  • The cost of raising kids!
  • Property investing and your lifestyle
  • How to calculate how much money you need for a comfortable retirement
  • Exit strategies for property investing


  • Work out how much you need for your retirement
  • Determine if you are on track toward this goal and what you need to do to make sure you are!


  1. Hi Guys,

    We have bought a +ve cashflow property off the plan 20 months ago in a mining town with several surrounding coal mines and more planned.It is due to settle in the next few weeks.
    We payed $388 000 and it can be rented for $1000-$1100 pw (current rental appraisal and $430 000 value appraisal) leaving us with a nice surplus.

    My wife is uncomfortable with the property and wants to sell.I would like to somehow better understand the risks we face so as to make an informed choice about how to proceed.

    Loving the show,
    Regards Adrian

  2. Hi Adrian,
    Glad you like the show!
    I think it’s important to find out why your wife is uncomfortable with the property. Is it the property itself or the location? What experiences has she had which are leading her to her current discomfort?
    Obviously your choices are to sell or hold;
    You’re up for a little Capital Gains Tax (CGT) here, as well as the fees for selling. If you sold it for the appraisal value of $430k, then you’ve made about a $40,000 profit. From this profit, you’ll have to take selling costs (which would be about $10,000 – $15,000) and then your CGT which might be up to $10,000 depending on your tax level. This would leave you with a profit of around $20,000 on the whole deal.
    This property is, by my reckoning, very positively geared. It will increase your cashflow and quite possibly enable you to start expanding your portfolio relatively quickly. You could use the profit to pay down the debt on the home you live in (if you owe money on that) or the investment property (if you already own your own home). Of course, it will also increase the amount of tax you pay, so you need to take that into account. Another risk of holding is that the town might be a single-industry town and once the mining stops, the property is worth next-to-nothing. Is that likely?
    I hope this has helped. I’d need to know more about the situation to chat any more about it!
    Good luck, and thanks for the message,

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