Tracey and Scott were renting in the Sydney market 3 years ago with a solid cash deposit but no property to their name.
They had an option of buying in Sydney in an over priced market, or continue to rent and invest interstate. We worked with Tracey and Scott to model their current position and future investment objectives. The objective – to build a property portfolio to generate $125,000 annual income within 20 years.
Their first investment was a 1600sqm house in West Brisbane (with future development potential) which also has a rental yield of over 5%. Within 8 months, this property had performed so well that we were able to continue to build their portfolio with a second investment into a separate market in North Brisbane at $440,000 with a 5.2% yield.
Fast forward 2 1/2 years Tracey and Scott now have a portfolio of 5 investments across 3 states with a total market value of $1,440,000 and yield of over 5.3% gross with $210,000 in equity which has been achieved in a very short space of time.
Here’s what Tracey had to say about how Paul helped then grow their portfolio.
“After speaking to Paul and some of the others in the team, I was confident that they of course knew what they were doing and as a novice investor, we would have our hands held the whole time and we would receive their guidance and support every step of the way, and that’s basically what’s happened from there.
So in the past two years, we’ve invested in five properties, we’ve seen fantastic capital growth and strong rental yields. Which was very surprising for me because I actually had no idea what we were doing and we were still able to achieve that and I think it’s because of all the extra support that we received from Pure Property.”
Tracey Duff, Proud Co-Owner of 5 properties
Tracey and Scott was able to act decisively. And with confidence. Why? Because they had a property buyer and mentor on their side and a clear Property Investment Blueprint. I’m offering to show you how we can work together to generate the property portfolio you want. I will help you find the right property so you have the confidence to Buy Right.
Click on the link to book in a strategy call with me now.