Success Story

ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #80

Heads up: you’ll meet John and Sarah on our podcast in a few weeks, so this success story is an insight into their property journey so far…


When someone comes to us and informs us they need assistance with these points, it makes our job so much easier.

 
– We want to ensure we buy in the right locations, at the right time, via the right method
– Develop a property portfolio which will one day allow us to live with financial freedom
– Give us the confidence to pull our finger out and stop dicking around
– Help us create a plan which leads to passive income
– Help us buy our dream home one day (pool, big entertainment area)


We helped John and Sarah build their first investment property back in 2020. That $483K property is now worth approx $700K. John was a Medic in the RAAF in Newcastle, and Sarah a NSW Police Officer.
In Feb 2022, as part of our ongoing coaching and mentoring, John and Sarah provided direction to me to commence the planning for IP#2. The value of IP#1 had grown enough for the mortgage broker to access equity to form the deposit and costs for IP#2.


𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝘁𝗵𝗲𝘀𝗲 𝘀𝘁𝗮𝘁𝘀 𝗳𝗼𝗿 𝗜𝗣#𝟮:
* 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗽𝗿𝗶𝗰𝗲: $𝟲𝟬0𝗞 (𝟯93𝗺𝟮 𝗯𝗹𝗼𝗰𝗸 𝗮𝗻𝗱 180𝗺𝟮 𝗵𝗼𝘂𝘀𝗲, 𝗳𝘂𝗹𝗹 𝘁𝘂𝗿𝗻-𝗸𝗲𝘆)
* 𝗟𝗮𝗻𝗱 𝘀𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁: Dec 𝟮𝟬𝟮𝟮
* 𝗞𝗲𝘆 𝗛𝗮𝗻𝗱𝗼𝘃𝗲𝗿: Aug 𝟮𝟬𝟮𝟯
* 𝗥𝗲𝗻𝘁𝗮𝗹 𝗶𝗻𝗰𝗼𝗺𝗲: $510𝗽𝘄
* 𝗩𝗮𝗹𝘂𝗲 𝗻𝗼𝘄: ~$685𝗞


Their first property was in the Western growth corridor of Brisbane. Interestingly, we decided to replicate that with IP#2. The performance of IP#1 was a great guide for John and Sarah to rinse and repeat. To ensure there is an element of diversity we sourced IP#2 in a different suburb that still oozes everything about the 7 ingredients to a healthy property market.

 
The numbers don’t lie.

 
Fast forward to now, John has successfully transitioned out of the RAAF and he is a budding Paramedic. He, Sarah and their daughter have relocated to Bateman’s Bay to be closer to family.

 
After our recent end-of-build coaching session, we received this review from John and Sarah:
The team at Axon have been incredible in helping us build and tenant our two properties. We have been well supported through every step of the process, from drawing a bead on our borrowing capacity, finding land through developers, engaging builders, insurance, solicitors, real estate agents. An Axon team member has always been just a quick phone call or email away to clarify our questions. Thanks to Axon, my wife and I have been empowered to invest in our future. We both initially had a lot to learn when it came to property, and Axon’s coaching and support were crucial throughout our journey. We look forward to continue working with the team to achieve our financial goals. 

 

Thanks Legends.


My take on this is that John and Sarah are not dicking around anymore and they’re well on the way to living in their dream home one day.