Australian Property Investor Karen Young’s 15 Properties By 50
Dec 18, 2023
Karen Young, founder and director of Property Zest, shares her property investing journey and her unique approach to helping clients achieve their property goals. She emphasizes the importance of having a combination of keys to unlock success in investing. She also discusses the challenges of finding reliable advice as a buyer's agent and the power of list making and goal setting.
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Turn Goals Into Tasks With Asana
- Use a project management system like Asana to capture tasks and move property projects forward.
- Put actions and dates into the system so they trigger reminders and stop plans being sidelined by busyness.
Melton Purchase Led To Development Learning
- After analysing many suburbs she bought a cashflow‑positive property in Melton and later explored development potential.
- She gained approvals for a townhouse at the rear and sold with approvals, learning about development along the way.
Have A Goal But Evolve It
- Set a clear goal to focus activity, but be prepared to evolve the goal as you learn.
- Karen's '15 by 50' mantra motivated action but later she prioritised quality and strategy over the number of properties.