Declan is a junior doctor here in Australia, he has studied very hard throughout medical school whilst some of his peers have started working during that period and have already purchased properties.
He feels “behind”Over the next few months, he’s gotten to know some of the consultants in the hospital, and some have as many as 20 investment properties in their portfolio whilst others own their own homes and have 1 investment property. See more
Declan has remembers that one of his good classmates Katie whom he went to school with was helping people invest in property and he wondered whether he should perhaps reach out to her and learn more about how to invest in property in more depth.
Katie is a property expert and tells him that one of the most common mistakes is to jump into buying their first property without actually building their long term goals.
Sometimes, mistakes made can be the difference between $100,000 passive income in 5 years vs 20 yearsShe tells Declan that if he is serious about property investing, the first thing he has to do is to educate himself and work with experts & advisors. See more
His expert team has ensured he does not make the basic mistakes such as:Maxing out his serviceability. Buying an off the plan property Going extremely negatively geared (there are some exceptions to this)Instead they’ve secured him a property with:Strong projected capital growth in supply constrained area Positive cashflow to increase his serviceability Better rate than working directly with the banksAll the necessary infrastructure such as trust accounts to accelerate his portfolio.
Declan loves the fact that he’s got an amazing investment. Just as he’s wondering how to get it growing faster, his Buyer’s agent builds a renovation plan for him. By hiring an expert to make key strategic renovations. He grows his equity by an additional 30% on top of the organic growth he has already experienced + doubles his cashflow. 💸Image: House being renovated
Declan is now ready for round 2. He has experienced the leverage power of property investment and can see his financial freedom.We now get him to refinance his first property to get his second and when ready refinance his first & second to get his third. All the while accelerating his capital gains and cashflow through renovations.
Once Declan has built enough equity, he knows its time to start playing the rich mans game.Commercial property.He refinances all his initial properties into a high cashflow commercial property that helps him reach his main goal.
From the end of year 5, how much more Declan wants to grow his portfolio is up to him. All he needs to do is rinse and repeat the above steps and use his expert team to minimise his taxes, maximise his portfolio growth and find ways around the serviceability wall.
Mohammad is a young Muslim in Australia, he understands the importance building a financial foundation for him and his family. For many years, he has heard that many Australians have built their wealth through property, but he’s found it to be a confusing topics.
He has overheard and been in conversations with uncles and aunties about property, and he’s also listened to some property investing podcasts in the past.
Mohammad s good friend Aisha is a property expert and tells him that one of the most common mistakes is jump into buying their first property without actually building their long term goals. Sometimes, mistakes made can be the difference between $100,000 passive income in 5 years vs 20 years
He tells Mohammad that if he is serious about property investing, the first thing he has to do is to educate himself and work with experts & advisors See more
1. An Accountant with Property Portfolio Building Expertise - setting trust accounts for asset protection. (We’ll connect you with the best in the game)
2. A Mortgage Broker Invested in your Long term Portfolio - multi-lender lending strategy to maximize your serviceability. (We’ll connect you with the best in the game)
3. A Buyer’s Agent that helps you select the best Property for you - choosing the right investment vehicle to maximize long term growth. (That’s us 💪)
With the help of his expert team Mohammad gets his first property. 🏠His expert team has ensured he does not make the basic mistakes such as:1. Maxing out his serviceability.2. Buying an off the plan property3. Going extremely negatively geared (there are some exceptions to this)Instead they’ve secured him a property with:1. Strong projected capital growth in supply constrained area2. Positive cashflow to increase his serviceability3. Better rate than working directly with the banks4. All the necessary infrastructure such as trust accounts to accelerate his portfolio.
Mohammad loves the fact that he’s got an amazing investment. Just as he’s wondering how to get it growing faster, we build a renovation plan for him. By hiring an expert to make key strategic renovations. He grows his equity by an additional 30% on top of the organic growth he has already experienced + sees strong cashflow gains. 💸
Mohammad is now ready for round 2. He has experienced the leverage power of property investment and can see his financial freedom. We now get him to refinance his first property to get his second and when ready refinance his first & second to get his third (Read more to understand Refinancing)All the while accelerating his capital gains and cashflow through renovations.
Once Mohammad has built enough equity, he knows its time to start playing the rich mans game. High-cashflow Properties. He refinances all his initial properties into a high cashflow commercial property that helps him reach his main goal of strong passive income after 5 years.
From the end of year 5, how much more Mohammad wants to grow his portfolio is up to him. All he needs to do is rinse and repeat the above steps and use his expert team to minimise his taxes, maximise his portfolio growth and find ways around the serviceability wall.
