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Land & Legacy
Simon Johnson
7 episodes
6 days ago

Land & Legacy is a podcast dedicated to helping Jamaicans at home and abroad better understand the real estate market and how to build generational wealth through property ownership.


Each episode breaks down the key steps to buying, owning, and investing in property, from understanding mortgages and auctions to navigating the legal side of real estate. We simplify the process, demystify the jargon, and share insights from experts, homeowners, and everyday investors.


Whether you’re buying your first home, exploring investment opportunities, or simply trying to make sense of how the system works, this podcast gives you the tools and knowledge you need to take action.


Let’s build our Legacies together!



Hosted on Acast. See acast.com/privacy for more information.

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Investing
Education,
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All content for Land & Legacy is the property of Simon Johnson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Land & Legacy is a podcast dedicated to helping Jamaicans at home and abroad better understand the real estate market and how to build generational wealth through property ownership.


Each episode breaks down the key steps to buying, owning, and investing in property, from understanding mortgages and auctions to navigating the legal side of real estate. We simplify the process, demystify the jargon, and share insights from experts, homeowners, and everyday investors.


Whether you’re buying your first home, exploring investment opportunities, or simply trying to make sense of how the system works, this podcast gives you the tools and knowledge you need to take action.


Let’s build our Legacies together!



Hosted on Acast. See acast.com/privacy for more information.

Show more...
Investing
Education,
Business,
News,
Self-Improvement,
News Commentary
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S01 E05 - Budgeting and Saving For Your First Home
Land & Legacy
1 hour 39 minutes 53 seconds
6 days ago
S01 E05 - Budgeting and Saving For Your First Home

In this episode of Property Sundays, we dive into the first and most crucial step on the journey to homeownership getting your money right. Using the relatable story of Shanice, a 28-year-old aspiring first-time homeowner earning J$200,000 monthly, we walk step-by-step through what budgeting, saving, and preparing financially truly looks like for Jamaican buyers today.


With insights from NHT representatives Jodi-Ann Johnson and Hyacinth Eastman, Simon and Carlton Stewart break down:

  • How to determine what you can realistically afford
  • Why pre-approval and NHT eligibility letters matter
  • The 30% income-to-mortgage guideline
  • How credit limits and debt affect your approval
  • Strategies to reduce expenses and reset your finances
  • When refinancing existing debt makes sense
  • Why discipline, sacrifice, and a support system are crucial


We follow Shanice’s 2-year journey from struggling with high debt and limited savings, to restructuring her finances, earning a salary increase, and positioning herself to purchase a J$15M home (or even J$25M with a co-applicant) with 100% NHT financing on new schemes and support like the Contribution Refund Towards Deposit (CRTD).


.

This episode isn’t just about numbers — it's about mindset, preparation, and believing that your first home doesn’t have to be your forever home, but it can be your foundation to wealth.

Whether you're renting, planning to buy, or just learning how to get your finances in order — this conversation gives you the blueprint for moving from dreaming to planning to finally owning your first home.

Follow us to stay updated on all things real estate in Jamaica


https://linktr.ee/Laljamaica


Hosted on Acast. See acast.com/privacy for more information.

Land & Legacy

Land & Legacy is a podcast dedicated to helping Jamaicans at home and abroad better understand the real estate market and how to build generational wealth through property ownership.


Each episode breaks down the key steps to buying, owning, and investing in property, from understanding mortgages and auctions to navigating the legal side of real estate. We simplify the process, demystify the jargon, and share insights from experts, homeowners, and everyday investors.


Whether you’re buying your first home, exploring investment opportunities, or simply trying to make sense of how the system works, this podcast gives you the tools and knowledge you need to take action.


Let’s build our Legacies together!



Hosted on Acast. See acast.com/privacy for more information.