Episode 135 Ask Kevin Young - What Age Did You Buy Your First Investment Property

This week on Ask Kevin Young Roxy finally got to ask a question of her own, how old was I when I bought my first property?

I knew I wanted to get into property when I was eight years old, it wasn’t until I was twenty-one that I made my first investment. Now as you know I started out quite poor, I worked three different jobs at the same time in order to save up enough to buy a property. Luckily enough for me, the first property I invested in happened to be in the right place at the right time. I was able to sell it months later for the same amount of money I made working those three jobs.

I then bought another property and sold it in six months for a profit. It’s true what they say about the value of a property doubling in 7-10 years so it might have been wiser of me to hold onto those properties for a bit longer but I didn’t know everything that I know now, back then.

That’s how important educating yourself is when making a start in property investment. So if you want to run out the gate armed with all the information and support you could ever need, come in and talk with us at Property Club and we’ll help you reach success!

Regards,

Kevin Young