Nick Bendel is a property investor and the founder of Hunter&Scribe, a copywriting agency specializing in property and finance. A journalist by training, Nick first took an interest in real estate around 10 years ago, when he took a writing gig about property and finance. But when in 2015 he set out to buy his first property in Sydney, he soon realized his budget wouldn’t get him very far. In this episode of Property Uncovered, Sanjeev sits down with Nick to discuss how he overcame his fear of debt in his first property investment, why seeking expert advice is crucial to your success as a property investor, or the impact that having 500 meals with strangers has had on Nick’s life.

— TIMESTAMPS —

(00:00) Intro

(00:51) Background and beginnings in property

(03:06) Fear of debt and the idea of owing someone money

(05:34) Nick’s happy accident and buying in Hobart

(08:16) Relying on a buyer’s agent

(09:52) Buying in Brisbane and Sunshine Coast

(13:19) Mindset and Nick’s Investment Plan

(16:02) Tips for up-and-coming property investors

(17:37) Reading and Nick’s best book recommendations

(20:19) Meeting for lunch with 500+ strangers as an introvert

(25:37) Going out for lunch with Sanjeev

(26:44) Final words for investors

(28:56) Where to find Nick

(29:25) Outro

— QUOTES —

– “I had a fear about debt. I understood why a mortgage made mathematical sense. But I hated the idea of owing someone money.”

– “Often, we fear what we don’t know, so the more you know, the less you fear.”

– “The very moment I appointed my buyer’s agent, I suddenly thought to myself, «OMG, why did I ever think that I could do this myself?»”

– “By taking a long-term view it means that you can be a lot more philosophical about what happens in the short-term.”

— CONNECT WITH NICK —