Building a profitable Portfolio of 12 short term rentals at the age of 23
In this week's episode, Dr Miranda sat down with 23- year- old Thomas Mathew of Nomadify to speak about short term rentals.
Since age nine, Thomas has been playing with code - an engineer at heart with an aggressive pivot towards property investing.
He explains why he adopted his current real estate strategy, why he has invested in higher-end suburbs and why he has stayed with his strategy despite having been hit hard over the lockdown in 2020.
Thomas’s journey was smoothed out by partnering with an older partner that was ahead of him in both earning and property investing in general.
He was so deliberate about his journey, and placed an offer on an apartment within 10-months of having his first job, at the age of 20!
Starting early before he could accumulate debt of non-cash flowing items.
He is currently on property number 12.
He and his partner run their Airbnb properties personally and have lived in several of their units, which has sharpened how they approach their Airbnb hosting experience.
He is ready to add affordable housing and the development of apartments into his strategy.
This episode is made for the millennials and new graduates.
