From Tragedy To A Multimillion Dollar Portfolio: Darryl Simms

At the age of 22, Darryl Simms dove head-first into the property investment world with no idea what to expect. After a fire burned down half of his first property and troubles arose with his insurance company, things didn’t seem to be going well for Simms at all on the investment side. However 25 years later, Simms is now the founder of Latte Property and his day-to-day life is filled with client enquiries and ongoing investment plans.

Tune into this episode and find out how Simms did a full 180 with his first investment property, what inspired him to get into property investment at such a young age and how he plans on continuing his road to success.

Explore all your options because the longer you're in property, the more you'll make so the sooner you start, the better - Darryl Simms

In this episode, here’s what you’ll learn:

  • 01:32

    Simms gives us a short introduction of what his job is, sharing his story growing up in the countryside and how drought shifted his career paths.

  • 06:13

    Working with Holden, Simms expresses how he moved into the property investment industry and how working three jobs – Simms finally saved enough to buy his first property.

  • 12:20

    How Simms’ passion for property taught him countless lessons that made investments easier for him.

  • 13:37

    Simms’ shares how a property caught on fire – leading up into issues with the insurance company.

  • 15:47

    Why you should be careful in buying property insurance, as Simms’ shares some skills he gained from renovation and how through these experiences led to the development of his business.

Show Notes and Credits:

Thanks a million for checking out this episode! Below are the websites and other tidbits that were mentioned in today’s podcast with Darryl Simms. If you have any questions, feel free to leave a comment below and I’ll respond right away!

Show Notes:

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Do You Have A Question or Have A Story To Share?

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Mentionable Quote

This episode was produced by Alex Cooper with narrations and interviews conducted by Tyrone Shum.

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