In this week’s episode of the Geared for Growth podcast, host Mike Mortlock is joined by Property Coach and Buyer’s Agent, John Pidgeon, to discuss his passion for educating people about property and making a real impact on his clients’ lives.
As the Director of Envisage Property, co-host of the Money Money Money podcast, and author of Sort Your Property Out, John embodies his philosophy by guiding people to see beyond the media hype and focus on their personal property journeys.
In their conversation, Mike and John explore the difficulties that many Australians face in trying to pay off their primary residence. They also discuss how savvy investors are leveraging their equity to take a different approach, helping them get ahead in today’s market. John emphasises the importance of viewing property investment as a long-term strategy and introduces his Four Pillars for achieving financial freedom.
John highlights the advantages of working with an experienced Buyer’s Agent to help investors navigate the complexities of the property market. Mike emphasizes the value of partnering with someone who negotiates regularly—particularly for investors who may only transact every few years. John also shares the key factors he prioritizes when guiding clients, explaining why location, although important, is often lower on his list than people expect.
The episode concludes with John offering his best advice for anyone looking to advance their property journey. As a seasoned investor and a first-class educator, John provides invaluable insights and tips that will benefit property investors at any stage of their journey.
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Podcast Transcript
In this week’s episode of the Geared for Growth podcast, host Mike Mortlock is joined by Property Coach and Buyer’s Agent, John Pidgeon, to discuss his passion for educating people about property and making a real impact on his clients’ lives.
What we cover in this episode
- Is paying off your PPOR still the great Australian dream?
- Helping people educate themselves in the property space
- The four key pillars on the path to financial freedom
- Managing time needed to devote to property investment
- Key starting points for mapping out a property plan
- Making sense of all the media around property investing
- John’s biggest piece of advice for property investors
Quotes
“There’s a lot of clients that have come to us saying “well hang on a minute there, this great Aussie dream thing, maybe I need to do something a little bit different and what’s this whole equity business about and how do we take advantage of that and still have a lifestyle” ” 2:12
“That’s the passion I have around that education piece. It’s like what we listen to in the media or who we listen to at a BBQ or a water cooler, we maybe need to challenge or maybe think about the answers for that for our personal life and how it affects us” 5:10
“We get that middle ground to say cash versus growth, which one’s more important, but which one’s not going to blow me up because I think a lot of investors, if they sell within the first two or three years of buying it’s not because they have had outstanding growth it’s because they can no longer afford it” 15:15
“It’s like raising a child. Everyone’s an expert, as a parent everyone’s an expert, as a property investor, and I think we look externally way too much as opposed to looking internally to say what can I control” 18:15
“I think the type of asset is just as important if not more important than the location itself but more important overriding the type and the location is the individual themselves, who are they, what do they want, what’s their overall situation” 25:52