Property Confessions Ep 11 | Everyone Said Don't Buy in South Australia. Now They're Up $400,000

Everyone told them not to buy in South Australia. Not long before this conversation, they nearly sold. Josh and Vy were both in their 30s when this was recorded. They started out saving for one home, like most people do. Then they found out their position could stretch further than they thought, and they bought a home to live in and an investment property in the same window. The South Australian purchase was the one nobody understood. Then rates rose, the build dragged, and the tenant took another month. There was a point where selling was genuinely on the table. They held. The property was bought in the low $400,000s. At the time of recording it was valued at $700,000. It has since been valued at $817,000, close to double what they paid. What we cover: - Buying a home and an investment at the same time - Why they almost sold at the worst moment - Handling pushback from friends and family - What a 7% yield actually does to your cash flow - Three options once you've built real equity: sell and own your home outright, cash out and build a cash flow portfolio, or recycle the debt - Paying off a Sydney mortgage without extra repayments - Why the right team matters more than knowing all the answers This episode is about what happens when you hold through the hard part. Figures discussed reflect the position at the time of recording.