Chris and Erin first came to us back in Oct...Read More
ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #84
Mick and Cate first came to us in Feb 2021. With 10 years under his belt in the Navy, Mick is a brute of a man with a decent 🧔♂️ beard, beautiful soul and larrikin nature; Axon was the perfect fit for his character. Cate is also kicking butt in her role as a marketing manager in the retail sector.
When asked how they think Axon can help them, Mick outlined this: 𝑆𝑒𝑡𝑡𝑖𝑛𝑔 𝑚𝑒 𝑢𝑝 𝑎𝑛𝑑 𝑔𝑒𝑡𝑡𝑖𝑛𝑔 𝑚𝑒 𝑜𝑛𝑡𝑜 𝑚𝑦 1𝑠𝑡 𝐼𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑠𝑜 𝐼 𝑐𝑎𝑛 𝑟𝑒𝑡𝑖𝑟𝑒 𝑙𝑖𝑘𝑒 𝑎 𝑐ℎ𝑎𝑚𝑝𝑖𝑜𝑛.
Simple and straightforward, just the way we like it here.
At first, it was Mick driving the property bus with his girlfriend, Cate, watching on the sidelines. That’s fine; individuals can acquire property if the numbers stack up. During our initial ☎️ call, Mick literally turned around and put Cate on the spot and asked if she wanted in – it was the first real test of how committed she was…needless to say, they joined forces with this property, and now they’re married! 💒
They had to embark on a dedicated savings plan, and now they were officially DINKs. In Mick’s own words again: 𝑇ℎ𝑒𝑦 𝑤𝑒𝑟𝑒 𝑒𝑣𝑒𝑛 𝑣𝑒𝑟𝑦 𝑝𝑎𝑡𝑖𝑒𝑛𝑡 𝑤𝑖𝑡ℎ 𝑜𝑢𝑟 𝑞𝑢𝑒𝑠𝑡𝑖𝑜𝑛𝑎𝑏𝑙𝑒 𝑝𝑎𝑠𝑡 𝑠𝑝𝑒𝑛𝑑𝑖𝑛𝑔 ℎ𝑎𝑏𝑖𝑡𝑠. 𝑇ℎ𝑒𝑦 𝑔𝑒𝑛𝑡𝑙𝑦 𝑠𝑡𝑒𝑒𝑟𝑒𝑑 𝑢𝑠 𝑎𝑤𝑎𝑦 𝑓𝑟𝑜𝑚 𝑡ℎ𝑒 𝑝𝑎𝑦𝑑𝑎𝑦-𝑡𝑜-𝑝𝑎𝑦𝑑𝑎𝑦 𝑏𝑎𝑟𝑜𝑛 𝑎𝑛𝑑 𝑈𝑛𝑐𝑙𝑒 𝐷𝑎𝑛 𝑀𝑢𝑟𝑝ℎ𝑦 / 𝑀𝑒𝑛𝑢𝑙𝑜𝑔 𝑠𝑝𝑒𝑛𝑑𝑖𝑛𝑔 ℎ𝑎𝑏𝑖𝑡𝑠. 𝑇ℎ𝑖𝑠 𝑔𝑢𝑖𝑑𝑎𝑛𝑐𝑒 𝑔𝑜𝑡 𝑢𝑠 𝑡𝑜 𝑠𝑢𝑐𝑐𝑒𝑠𝑠𝑓𝑢𝑙 𝑓𝑖𝑛𝑎𝑛𝑐𝑒 𝑎𝑝𝑝𝑟𝑜𝑣𝑒𝑑 𝑔𝑙𝑜𝑟𝑦.
Yep, we got there in the end; 𝐜𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐭𝐡𝐞𝐬𝐞 𝐬𝐭𝐚𝐭𝐬 𝐟𝐨𝐫 𝐌𝐢𝐜𝐤 𝐚𝐧𝐝 𝐂𝐚𝐭𝐞’𝐬 𝐟𝐢𝐫𝐬𝐭 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲:
* Purchase price: $560K
* Land settlement: Nov 2022
* Key handover: Oct 2023
* Same land and build value now: ~$685K
* Rental income: $530pw (took 2 weeks to find tenants)
This property is located in a massive master-planned community in the South-Western growth corridor of Brisbane. Noting the capital growth that’s already occurred, Mick’s retirement will ❤️🔥 love this first property.
Fast forward to now. Mick and Cate are just about to settle on the land in preparation for the building of IP#2. They are both action-takers and firmly focused on creating some real 💰 wealth before pivoting towards starting a family in a couple of years.
Recently, we received a long and detailed review from Mick and Cate about their experience using Axon. An extract is below:
𝐼 𝑎𝑚 𝑖𝑛 𝑡ℎ𝑒 𝑁𝑎𝑣𝑦 𝑎𝑛𝑑 𝑚𝑦 𝑤𝑖𝑓𝑒 𝑖𝑠 𝑎 𝑠𝑢𝑝𝑒𝑟 ℎ𝑎𝑟𝑑 𝑤𝑜𝑟𝑘𝑒𝑟, 𝑛𝑜𝑤 𝑎𝑡 𝑄𝐴𝑁𝑇𝐴𝑆. 𝑇ℎ𝑒 𝑠𝑢𝑝𝑒𝑟 𝑜𝑟𝑔𝑎𝑛𝑖𝑠𝑒𝑑 𝑡𝑒𝑎𝑚 𝑎𝑡 𝐴𝑋𝑂𝑁 𝑚𝑎𝑑𝑒 𝑡ℎ𝑒 𝑑𝑒𝑐𝑖𝑠𝑖𝑜𝑛 𝑎𝑛𝑑 𝑎𝑑𝑚𝑖𝑛𝑖𝑠𝑡𝑟𝑎𝑡𝑖𝑜𝑛 𝑏𝑢𝑟𝑑𝑒𝑛 𝑜𝑓 𝑡ℎ𝑒 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑔𝑎𝑚𝑒 𝑓𝑒𝑒𝑙 𝑙𝑖𝑘𝑒 𝑎 𝑐𝑎𝑙𝑚 𝑠𝑒𝑎. 𝑊ℎ𝑖𝑙𝑠𝑡 𝐼 𝑤𝑎𝑠 𝑎𝑤𝑎𝑦 𝑜𝑛 𝑎 𝑙𝑜𝑡 𝑜𝑓 𝑑𝑒𝑝𝑙𝑜𝑦𝑚𝑒𝑛𝑡𝑠, 𝑡ℎ𝑒 𝐴𝑋𝑂𝑁 𝑡𝑒𝑎𝑚 𝑤𝑎𝑠 𝑣𝑒𝑟𝑦 𝑢𝑛𝑑𝑒𝑟𝑠𝑡𝑎𝑛𝑑𝑖𝑛𝑔 𝑎𝑛𝑑 𝑓𝑙𝑒𝑥𝑖𝑏𝑙𝑒 𝑜𝑛 𝑜𝑢𝑟 𝑐𝑜𝑛𝑛𝑒𝑐𝑡𝑖𝑣𝑖𝑡𝑦 𝑎𝑛𝑑 𝑎𝑑𝑚𝑖𝑛𝑖𝑠𝑡𝑟𝑎𝑡𝑖𝑜𝑛 𝑐𝑜𝑛𝑠𝑡𝑟𝑎𝑖𝑛𝑡𝑠.
𝑊𝑒 𝑙𝑜𝑜𝑘 𝑓𝑜𝑟𝑤𝑎𝑟𝑑 𝑡𝑜 𝑐𝑜𝑛𝑡𝑖𝑛𝑢𝑖𝑛𝑔 𝑜𝑛 𝑜𝑢𝑟 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑗𝑜𝑢𝑟𝑛𝑒𝑦 𝑤𝑖𝑡ℎ 𝐴𝑋𝑂𝑁.
𝑃𝑆: 𝑅𝑜𝑏𝑏𝑖𝑒, 𝑡ℎ𝑒 𝑡𝑜𝑝 𝑏𝑙𝑜𝑘𝑒 𝑎𝑡 𝐴𝑋𝑂𝑁, 𝑖𝑠 𝑎𝑙𝑠𝑜 𝑎 𝑠𝑡𝑒𝑎𝑘-𝑒𝑎𝑡𝑖𝑛𝑔 𝑒𝑥𝑝𝑒𝑟𝑡. 𝑌𝑜𝑢 𝑐𝑎𝑛 𝑟𝑒𝑙𝑦 𝑜𝑛 ℎ𝑖𝑚 𝑡𝑜 𝑠𝑡𝑒𝑒𝑟 𝑦𝑜𝑢 𝑜𝑛 𝑡ℎ𝑒 𝑗𝑜𝑢𝑟𝑛𝑒𝑦 𝑡𝑜 𝑎 𝑡𝑜𝑝-𝑞𝑢𝑎𝑙𝑖𝑡𝑦 𝑐𝑢𝑡 𝑜𝑓 𝑠𝑡𝑒𝑎𝑘.
Let us know what you think of this property and their success story!