It is 6 pm and I start work at my second job, the one I am doing to make sure I can provide for my own retirement and I’m not solely reliant on the government
to support me. I am a painter, kitchen builder, curtain hanger, and cleaner also known as – property investor. I continue working until about midnight,
then go home and get a few hours’ sleep to do it all again tomorrow, after I have spent 8 hours at my day job, working to make sure I can pay the mortgage.
I am making a loss, a particularly big one in the months that I am renovating a property without rental income, to improve the standard of housing
I am providing for tenants. I invest in lower socioeconomic areas, so I might get a full night’s sleep without the police calling to say that one of
the back to base alarms that they have installed at the property, for women who need due to their extremely violent partners, has gone off and there
is damage to my property. I choose these tenants because I want to give back to others during my investing journey, this month 50% of my tenants are
single mothers who struggled to get other rentals and often have extremely violent partners.
This is my story and I am telling it to you not to impress you, but to impress on you that I could not have done this without the ability to offset losses
against my income. In the beginning, I was highly geared and making significant losses, but it is often the only way to get on the ladder and I wasn’t
