Ep.139 | Pete Wargent, Multimillionaire at Age 33: How did he do it?




The Property Couch show

Summary: It’s podcast day, yay! Today we have a special guest on indeed — Pete Wargent!<br> Aside from achieving financial freedom at AGE 33 (yep) through property investing primarily in London and Sydney, Pete is now one of Australia’s leading experts on market trends, co-founder of AllenWargent property buyers, a 4-time published author, a Buyers Agent and a blogger —<a href="http://petewargent.blogspot.com.au/" target="_blank" rel="noopener">http://petewargent.blogspot.com.au/</a><br>  <br> Originally from the UK and now living in Brisbane, Pete has a worldly insight into investing, finance, shares and is our first guest who achieved a passive income with an international property portfolio. So how many properties did it take Pete to retire?<br> Pete and the boys discuss:<br> <br> * How he retired as a multimillionaire in his early 30s (Pete works for fun now)<br> * What he did after he said goodbye to his fulltime job as a Chartered Accountant<br> * When and why he started investing<br> * Why he has never sold a property (<a href="http://thepropertycouch.com.au/ep81-does-investing-for-the-long-term-actually-matter-stuart-wemyss/" target="_blank" rel="noopener">Does investing for the long term actually matter?)</a><br> * Investing in London and the considerations involved <br> * The problems with drawing comparisons with world cities (i.e. Melbourne Vs London)<br> * Pete’s<a href="http://thepropertycouch.com.au/episode-029-common-mistakes-when-investing-in-property/" target="_blank" rel="noopener"> Property Investment Mistakes</a><br> * The consequence of Brexit on property investors<br> * His thoughts on franking credits<br> * Does he recommend Australians buy in London?<br> * The hard lessons of growing up in a recession<br> * What is the equity target to achieve a passive income?<br> * The important variables to identify a trend to find investment grade markets<br> * <a href="http://thepropertycouch.com.au/ep133-housing-affordability-chris-odell/" target="_blank" rel="noopener">Investing in Sydney</a> vs investing in Brisbane (he has now invested in Brisbane)<br> * The importance of taking action<br> * What NOT to do if you’re investing in the stock market<br> * His investment decision on <a href="http://thepropertycouch.com.au/ep66-winter-is-coming-market-correction/" target="_blank" rel="noopener">off the plan/</a>high density apartments<br> <br>  <br> Pete’s own books and seminar mentioned:<br> <br> * Get a Financial Grip and The Wealth Way (out in October).<br> * <a href="http://www.quadrant2.net/" target="_blank" rel="noopener">Money for Life</a> : Saturday October 7 , 9am – 5.30pm (Sydney) – And a special 2-for-1 deal just for our podcast listeners: <a href="http://www.ticketmaster.com.au/event/130052F3B9996675?did=2for1">Click here to book your tickets!</a><br> <br>  <br> Interested to join us on Facebook LIVE next Wednesday, 4th of October at 7:30pm? <a href="https://www.facebook.com/events/1567185263348201/">Register your interest here!</a><br>  <br>  <br>