Another great question here from @Jonah Pitkin Keep sending them questions through...

Welcome to the Money Wellness Pond 🐸 where Aussies buy property with a plan, not panic! You’re on the right path if you want to buy property for long term security. Here in the Pond, we have that ONE destination, just two different starting points: _____________________________________________________________________ Starting point #A : “I need to get my money sorted” (First Home Path) 🏡 You’re trying to save for your first home and your money feels a bit… messy. You might be thinking: - “I don’t even know where my money goes each week.” - “I’m saving… but it never feels like enough.” - “I want a deposit, but expenses keep rising.” In the Money Wellness Pond, you’ll learn how to: - build a S.I.M.P.L.E. savings system that actually sticks - stop leaking money without feeling restricted - create a clear deposit plan (with confidence + calm) - get “buyer-ready” habits before you become “buyer-ready” on paper _____________________________________________________________________ Starting point #B) “Investor-ready” (Investment Path) 📈 You already own your home (or you’re basically there) and now you want your first investment property... and maybe even build a profitable portfolio. You might be thinking: - “I can save… but I want strategy now.” - “I don’t want to make an expensive mistake.” - “I’m ready to make a move, but I just need to take the 'right' next step.” For you in the Money Wellness Pond, you’ll learn how to: - shift from saving mode to investor mode - strengthen your borrowing position and buffers - understand the foundations of portfolio building without overwhelm - how to apply the 'Easy as ABC Fast Retirement Formula' - create a clear “next property” roadmap _____________________________________________________________________ The shared mission (no matter your starting point) This isn’t just a “tips and motivation” group. This is a practical, step-by-step Money → Property Power pathway built to help you:

Good evening everyone 😊 A question I think many young people neglect. How do you enter the property investment market while still living at home? What are the best ways to secure a mortgage- perhaps have a parent co-sign. And is it better to positively or negatively gear your first property? Thanks Janene!

Lets give a big Pond welcome to @Jonah Pitkin . I had the pleasure of meeting Jonah in person at the local jewelry shop and he's on a mission to utilise his previous working experience in real estate to build his investment portfolio. He’s young and hungry (in the good way), and properly passionate about getting into investing - not just “one day” energy… more like “let’s build something real” energy. Jonah, stoked you’re here. 🐸

Another great question here from @Jonah Pitkin ❓ Now, when you’re living at home, there a number of smart ways to enter the property market, and the ‘best’ one depends on your goal. OPTION A: Rentvesting (best for: investors + people not ready to move out) This is where you buy an investment property first, rent it out, and you stay living at home. Why it works: you keep your costs low, your tenant helps cover the mortgage, and you’re building equity while you save . Best if you want to start investing now without changing your lifestyle. **** Remember that if you buy the investment property first, NO First Home Owner grant later. – this MUST be factored into your decision as it a rather valuable grant!! OPTION B: Buy to live in later (best for: future homeowners + people wanting flexibility) This is where you buy a property that you could live in later, or one that works as an investment first. Think: a layout that’s rentable for tenants, a location that you’d actually want to live in (its hard to change location), and a property that doesn’t lock you into one outcome . Best if your end goal is a home to live in, but you want the property to work hard for you in the meantime. OPTION C: Buy with someone (best for: people needing more buying power) Partner, sibling, or a structured agreement with parent/friend/colleague . You combine deposits and incomes to buy sooner. But this only works if you have clear rules: who pays what, who owns what percentage, what happens if someone wants out, and how decisions get made in the future. Best when you’re both aligned on strategy and you treat it like a business ‘joint venture’ decision, not just a vibe, kind of transaction. Here's an afterthought, that I have often told my youngest son Josh - Go and buy the home to live in and rent out all spare bedrooms to reduce the mortgage ASAP. Later, when you have the wife and kids, you kick out the tenants