My guest this week is the founder of an intriguing new property investor proptech - Godfrey Dinh from FutureRent.
Godfrey has a 12 year history in banking, financial services and property investment having spent nearly four years as a vice president of commercial property at Deutsche Bank and a director of Sanctuary Partners.
FutureRent is a proptech that forwards you a full year of rent from your property investment as an upfront payment, and then lets you pay it back from your ongoing rent. It’s not a loan - and the repayments simply reduce your rent rather than stop it altogether. And there is no restriction on what you can use the money for - whether that’s to fund another property investment, or just solve a problem in your private life.
01:54 - The FutureRent elevator pitch
05:34 - Who are the ideal clients?
12:23 - Where did FutureRent come from?
15:30 - The FutureRent business model
16:43 - Investing in real estate in Australia needs a shake-up
18:20 - There’s no catch!
21:52 - The channel to market
25:11 - What does the next 5 years hold for property investing?
31:21 - What can I do as a first home buyer?