Ep. 012 - How Sovy Replaced Her Income Through Industrial Commercial Property Investing
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Ep. 012 - How Sovy Replaced Her Income Through Industrial Commercial Property Investing
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In this episode, we have Sovy Lie, a former accountant who successfully transitioned to a lifestyle mum by strategically investing in industrial commercial properties.
Sovy shares how she replaced her income with just two industrial properties, why she prefers industrial real estate over residential, and how having a big enough "WHY" became her first step to property investing success.
She also talks about the criteria to look for when evaluating property deals and the secrets to getting automatic cash flow increases and capital growth.
If you want to learn how to use commercial property as a vehicle to support your lifestyle and generate passive income, make sure to listen to this episode!
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SHOW NOTES LINKS
https://www.linkedin.com/in/sovylie/
https://www.linkedin.com/company/seelies
https://www.facebook.com/profile.php?id=61558734180681&mibextid=LQQJ4d
www.seelies.com.au
https://www.linkedin.com/in/sovylie/
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CONTACT US
Phone: 0426 94 77 33
Email: scott@yippeefinance.com.au
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TIME STAMPS:
00:00 Intro
02:36 Rapid Fire with Sovy
04:53 Sovy's Journey Before Property Investment
06:08 What Made Sovy Invest in Property
08:15 Why Industrial Real Estate Stood Out to Sovy
11:01 Steps Sovy Took to Grow Their Investment Portfolio
18:11 Agent or Hired Help for Property Audits and Repairs?
21:17 Average Vacancy Times for Industrial Properties
29:06 The Green Flags in Industrial Property Assessment
30:16 Breaking Down the Components of Your Investment Deal
39:14 Strategies for Investing Without a Deposit
40:54 Sovy Talks about Her Family
45:58 Future Plans for Sovy and Their Family
53:21 Outro
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DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.