PIT 145: Property investing on a single income

Welcome to Property Investor Tales – Stories From The Front Yard. In this episode, Tabitha Bright sits down with Positive Real Estate coach Rosie Bason to share the story of her client Chelsea and how she started investing on a single income.

Chelsea initially considered buying close to home, but after looking at the numbers and her long-term goals, she realised the property could actually hold her back.

After stepping away from investing for almost a year, Chelsea returned ready to take action. With a clear strategy, the right team and disciplined budgeting, she purchased a four-bedroom investment property in Melbourne in less than two months.

🏡 Investing on a single income📊 Strategy over emotion🚩 Avoiding the wrong first property💰 Budgeting and building buffers📈 Planning for property #2🎯 Turning hesitation into action

Chelsea’s story proves you don’t need a partner to start building a property portfolio — you need a plan, the right support and the willingness to take action.

Chapters

00:00 – Investing as a Single Person

00:27 – Meet Rosie & Chelsea’s Story

02:52 – Asking “How Can I?”

03:26 – Chelsea’s First Property Mistake

05:12 – Why Buying Close to Home Can Be Risky

09:51 – Why Your First Property Matters

12:09 – Choosing the Right Investment Market

14:34 – Finding Markets With Growth Potential

16:51 – Why Melbourne Is an Opportunity

19:16 – Chelsea Gets Back Into Investing

21:41 – Budgeting to Build Wealth

26:24 – Finding the Right Property

28:41 – Managing Cash Flow & Risk

32:59 – Planning for Property #2

35:15 – Ignore the Noise & Follow the Data

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people’s property investor tales, so if you’d like to share yours then please get in touch with me via email at [email protected]

You can watch all of these podcasts over on YouTube at positivementor.com.au

About the Author
A 13-Year Property Coach and strategist at Positive Real Estate, Tabitha is a licensed real estate agent in NSW and VIC, and has her Cert IV in both Property Services and Finance. She has personally coached over 600 Clients and her passion for education, property and client results focus everything she does at Positive Real Estate and we’re better for it.