Ep.130: Building a Property Portfolio that Helps You Sleep at Night, with Dawn Fouhy

In this week’s episode of the Geared for Growth podcast, host Mike Mortlock sits down with Dawn Fouhy, Buyers Agent and Founder/Director of Future Proof Property Advisory, to explore the current property market with a focus on Melbourne. Dawn shares her unique approach to guiding clients on their property journeys, drawing from her personal experiences.

 

Having transitioned from an Intensive Care Nurse to building a multimillion-dollar property and now helps others replicate her success. In this episode, she offers valuable insights, including why she’s a strong advocate of rent-vesting and why chasing the latest property “hotspot” isn’t always the best strategy.

One of Dawn’s key tactics is to identify locations with decreasing supply and strong demand, particularly from first-time homebuyers. She walks listeners through how she pinpoints these areas and shares specific examples of her successful strategies. Dawn also emphasises the importance of helping her clients find investments that don’t negatively impact their lifestyle, allowing them to sleep well at night. Mike and Dawn further delve into the classic debate between capital growth and cash flow, with Dawn offering her view that finding balance is essential.

The conversation offers a practical, grounded perspective on the challenges of investing in today’s market and assures listeners that there’s an investment strategy suited to everyone.

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In this week’s episode of the Geared for Growth podcast, host Mike Mortlock sits down with Dawn Fouhy, Buyers Agent and Founder/Director of Future Proof Property Advisory, to explore the current property market with a focus on Melbourne. Dawn shares her unique approach to guiding clients on their property journeys, drawing from her personal experiences.

• Is the Melbourne property market still on life support?
• Countering the argument you need 10 properties and $100k passive income
• The first key metric that Dawn looks at for her clients
• Why chasing the latest hot spot shouldn’t be the most important part of your strategy
• Finding property that will help you sleep at night
• How rent-vesting can boost your portfolio
• Capital growth versus cashflow – is one better than the other?

“Melbourne is huge geographically and many different LGAs and building approvals and demographics so it’s not to be painted with the same brush. Yes it’s very early to be investing in Melbourne but there’s certainly opportunities in certain suburbs where stock is falling” 2:33

“We focus less on the location but more so on where is affordable for your budget, on your risk appetite so every investor is different” 4:20

“We’re not in a cost-of-living crisis, we’re in a cost of lifestyle crisis and my job, what I focus on is that (my client’s) lifestyle isn’t impacted by investing” 9:55

“You don’t necessarily have to hold forever especially if you’re an employee. If you’re a PAYG worker your borrowing capacity is going to be capped so you need to be really smart about moving your money around. Gone are the days of just holding your asset forever if you want to grow well” 12:10

“I think that you can just look at it as capital growth versus cash flow I think it has to be balanced because you know yield will help you hold their portfolio through any sort of economic turbulence but I think ultimately we just want an asset that is going to grow and perform and give you confidence in investing” 26:45

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