303. How to Buy 100 Properties before 30 - Eddie Dilleen
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"If you want to continue growing and get to the next level, you've got to get comfortable being uncomfortable." -Eddie Join us in this episode featuring Eddie Dilleen, an Australian property developer who achieved the remarkable feat of amassing over 100 properties by the age of 30. Discover his inspiring journey, from humble beginnings working at McDonald's to purchasing his first property at just 18 years old. Eddie underscores the importance of high rental yields, thorough market research, and strategic leveraging in building a successful property portfolio. Gain insights into overcoming investment biases, striking the right balance between growth and yield, and the crucial role of financial discipline in investment endeavors. Tune in for invaluable advice on entering the property market with a small deposit and to glean the wisdom of continuous learning and mentorship in realizing investment success. Episode Highlights: 00:00 - Episode trailer 03:42 - Acquiring the first property 07:32 - Key considerations for property investment 10:00 - Identifying growth opportunities 12:43 - Property valuation and acquisition strategy  17:49 - The three keys to successful property investment 19:32 - Mitigating risks in property investment  22:07 - The mindset of wealth building in one's 30s 25:04 - Investment advice for those not excited about property 26:10 - Selecting a reliable buyer's agent 30:46 - Managing finances for property investment  34:09 - Navigating market uncertainties in property investment  37:11 - Types of properties and biases 42:23 - Property investment strategies and mentors 47:19 - Commercial property investment Want to come to spend 2 full days with me alongside a lineup of other incredible speakers and like-minded people? Dream Fest is back this year in September and you can join the wait list right now for free to be first notified and get the cheapest prices tickets when they drop. Drop your details here to get on the waitlist https://dreamfest2024.com/waitlist Become a globally recognized Trainer and Speaker in just 90 days! https://www.speaktoleadblueprint.com/speaktoleadblueprint Want to manage your life the same way that helped me make $1 million by 28 and travel the world at the same time? Grab my FREE one-page Life By Design productivity planner below ⁠https://planner.morgantnelson.com/optinplanner About my guest: Eddie Dilleen, the Founder and Director of Dilleen Property, epitomizes the journey from adversity to success. Raised in Mount Druitt, a challenging neighborhood in Western Sydney, Eddie's upbringing was marked by financial hardship and single-parent struggles. Determined to break the cycle of poverty, Eddie began his journey to financial independence at a young age, starting with humble jobs at KFC and McDonald's. Inspired by a colleague's success in property investment, Eddie embarked on a journey of learning and self-improvement, eschewing material temptations for long-term financial freedom. Through discipline and sacrifice, he saved enough for a deposit on a unit in Central Coast, NSW, laying the foundation for a thriving property portfolio that now exceeds 80 properties. In 2016, Eddie founded Dilleen Property with a mission to empower ordinary Australians with the knowledge and tools to achieve their own financial goals through property investment. His story serves as a beacon of hope and inspiration for aspiring investors nationwide. Connect with Eddie Website: https://www.eddiedilleenproperty.com.au/ https://www.dilleenproperty.com.au/ Instagram: https://www.instagram.com/dilleenpropertyau/ Youtube: https://www.youtube.com/channel/UC-uaFiyoDyhfyIr7JonlIPw Join the Dream Out Loud Facebook Community https://bit.ly/2RSBKVF Follow me on Instagram here https://www.Instagram.com/morgantnelson Subscribe to my YouTube channel https://www.youtube.com/@morgantnelson
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