Alberto De Grazia | Rigger | NSW | mid 40s
Read the story of how a hardworking couple stepped out of the comforts of their regular jobs and into the complex world of property investment.
WHAT STARTED IT ALL
My wife and I sat down a few years ago and discussed our future. We have both worked really hard in our lives and agreed that we didn’t want to have to work into our 60s. We set a goal that we would retire comfortably in our mid 50s.
This plan meant that we needed to find a way to make this happen as we were well aware that our regular jobs were not going to give us the financial gains to achieve this goal no matter how hard we saved.
MAKING A WRONG MOVE
I had some experience in property investing from some time ago when my brother and I bought an apartment in Sydney. We went into the purchase without knowledge of current property market conditions, prices or any other information that may have helped us make a better decision, so in the end we bought a property for which we paid too much and didn’t make the capital gains we had hoped for.