Client Story: Uday Purchased three investment properties in less than 5 months with $ 122,000 in equity.
Uday Purchased three investment properties in less than 5 months with $ 122,000 in equity.
A couple was looking to invest but was not sure what strategy to use to keep purchasing properties despite a series of interest rate rises. This was the case for Working professionals Uday and Lakshmi.
Having a house in Sydney but unsure of how to build an investment property portfolio using the right strategies.
Unfortunately, due to their busy working lives, they cannot find the time to balance their lives.
So, they came to us, and they received valuable advice through us.
Our Action
The journey started back in August 2022, after meeting with our founder, Bharat, through strategy meetings.
The first investment property was purchased for only $372,000. It was a modern 2013 property in one of the most desirable coastal communities. The house has a large piece of land with 3 bedrooms, 2 bathrooms, and a double garage.
Soon after the settlement of their first investment property in September, the couple was looking to invest again!
This time our strategy was different, and houses were also purchased in different locations to diversify our portfolio.
The second investment property was purchased for only $230,000 and settled on January 20, 2023.
It has 2 bedrooms and 1 bathroom, and due to the land, there is potential for subdevelopment subject to council approval.
Soon after settling on two solid foundation properties, we obtained the valuations.
The first investment property valuation came in at $445,000. The second investment property valuation came in at $279,000.
Together, they had $122,000 in growth in two properties in under 5 months—that is insane!
The journey did not stop there.
We have helped secure a third investment at only $127,000, rented at $320 a week.
They are very impressed and left us a video testimonial here.
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