Success Story

ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #91

I love compiling success stories for clients who are coming back around a second timeโ€ฆ this one is no exception!
Ben is a Veteran (ex-Army Engineer, working โœˆ๏ธ FIFO in the WA mining sector), and Laura is a ๐Ÿšข Navy Officer. Living in Sydney with their 2 kids, they actually came to Axon way back in May 2020.

 
After being coached IAW the Axon model, Ben and Laura built their first property with us in 2021. That property is located in a master-planned community in SEQLD and has risen in value > $250K, with plenty more growth to come! ๐Ÿ™Œ It was named IP#2, as they came to us with an investment property in Darwin that they had bought in 2015.

 
In July 2022, we got together and created a plan for Ben and Laura to acquire IP#3. With the feeling of being successful with their first Axon build, some DVA money, and equity from IP#2, their intent to buy again and their finances stacked up easily.

 
๐“๐š๐ค๐ž ๐š ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ข๐ฌ ๐ก๐จ๐ฎ๐ฌ๐ž ๐š๐ง๐ ๐ญ๐ก๐ž ๐ฌ๐ญ๐š๐ญ๐ฌ:
* Purchase price: $639K (4/2/2 house, FULL turnkey)
* Land settlement: April 2022
* Key handover: Dec 2023
* Same land and build value now: ~$775K+
* Rental income: $640pw


IP#3 is sitting in a very buoyant market, in a different master-planned community in SEQLD. Effectively, Ben and Lauraโ€™s investment portfolio is a self-licking ๐Ÿฆ ice cream, and theyโ€™re stoked with their investment portfolio.

 
Their 5โญ review is: ๐‘Š๐‘’ โ„Ž๐‘Ž๐‘ฃ๐‘’ ๐‘๐‘ข๐‘–๐‘™๐‘ก 2 ๐‘–๐‘›๐‘ฃ๐‘’๐‘ ๐‘ก๐‘š๐‘’๐‘›๐‘ก ๐‘๐‘Ÿ๐‘œ๐‘๐‘’๐‘Ÿ๐‘ก๐‘–๐‘’๐‘  ๐‘ค๐‘–๐‘กโ„Ž ๐ด๐‘ฅ๐‘œ๐‘› ๐‘Ž๐‘›๐‘‘ ๐‘–๐‘› ๐‘๐‘œ๐‘กโ„Ž ๐‘๐‘Ž๐‘ ๐‘’๐‘  ๐‘กโ„Ž๐‘’๐‘ฆ โ„Ž๐‘Ž๐‘ฃ๐‘’ ๐‘š๐‘Ž๐‘‘๐‘’ ๐‘กโ„Ž๐‘’ ๐‘๐‘Ÿ๐‘œ๐‘๐‘’๐‘ ๐‘  ๐‘๐‘Ž๐‘–๐‘› ๐‘“๐‘Ÿ๐‘’๐‘’. ๐ผ ๐‘๐‘Ž๐‘›’๐‘ก ๐‘Ž๐‘๐‘ก๐‘ข๐‘Ž๐‘™๐‘™๐‘ฆ ๐‘กโ„Ž๐‘Ž๐‘›๐‘˜ ๐‘กโ„Ž๐‘’๐‘š ๐‘’๐‘›๐‘œ๐‘ข๐‘”โ„Ž ๐‘“๐‘œ๐‘Ÿ ๐‘กโ„Ž๐‘’ ๐‘Ž๐‘š๐‘œ๐‘ข๐‘›๐‘ก ๐‘œ๐‘“ ๐‘’๐‘“๐‘“๐‘œ๐‘Ÿ๐‘ก ๐‘กโ„Ž๐‘’๐‘ฆ ๐‘๐‘ข๐‘ก ๐‘–๐‘›๐‘ก๐‘œ ๐‘š๐‘Ž๐‘˜๐‘–๐‘›๐‘” ๐‘ ๐‘ข๐‘Ÿ๐‘’ ๐‘’๐‘ฃ๐‘’๐‘Ÿ๐‘ฆ๐‘กโ„Ž๐‘–๐‘›๐‘” ๐‘–๐‘  ๐‘‘๐‘œ๐‘›๐‘’ ๐‘Ÿ๐‘–๐‘”โ„Ž๐‘ก, ๐‘กโ„Ž๐‘’ ๐‘“๐‘–๐‘Ÿ๐‘ ๐‘ก ๐‘ก๐‘–๐‘š๐‘’. ๐‘‡โ„Ž๐‘’๐‘Ÿ๐‘’ ๐‘–๐‘  ๐‘™๐‘–๐‘ก๐‘’๐‘Ÿ๐‘Ž๐‘™๐‘™๐‘ฆ ๐‘›๐‘œ ๐‘ ๐‘ก๐‘œ๐‘›๐‘’๐‘  ๐‘™๐‘’๐‘“๐‘ก ๐‘ข๐‘›๐‘ก๐‘ข๐‘Ÿ๐‘›๐‘’๐‘‘ ๐‘ก๐‘œ ๐‘š๐‘Ž๐‘˜๐‘’ ๐‘ ๐‘ข๐‘Ÿ๐‘’ ๐‘ฆ๐‘œ๐‘ข โ„Ž๐‘Ž๐‘ฃ๐‘’ ๐‘’๐‘ฃ๐‘’๐‘Ÿ๐‘ฆ๐‘กโ„Ž๐‘–๐‘›๐‘” ๐‘ฆ๐‘œ๐‘ข ๐‘›๐‘’๐‘’๐‘‘, ๐‘œ๐‘Ÿ ๐‘ž๐‘ข๐‘’๐‘ ๐‘ก๐‘–๐‘œ๐‘›๐‘  ๐‘Ž๐‘›๐‘ ๐‘ค๐‘’๐‘Ÿ๐‘’๐‘‘.


๐ผ๐‘ก’๐‘  ๐‘›๐‘’๐‘ฃ๐‘’๐‘Ÿ ๐‘“๐‘’๐‘™๐‘ก ๐‘™๐‘–๐‘˜๐‘’ ๐‘Ž ๐‘๐‘ข๐‘ ๐‘–๐‘›๐‘’๐‘ ๐‘  ๐‘Ž๐‘Ÿ๐‘Ÿ๐‘Ž๐‘›๐‘”๐‘’๐‘š๐‘’๐‘›๐‘ก ๐‘๐‘ข๐‘ก ๐‘š๐‘œ๐‘Ÿ๐‘’ ๐‘™๐‘–๐‘˜๐‘’ ๐‘Ž ๐‘š๐‘Ž๐‘ก๐‘’ โ„Ž๐‘’๐‘™๐‘๐‘–๐‘›๐‘” ๐‘Ž ๐‘š๐‘Ž๐‘ก๐‘’. ๐ถ๐‘Ž๐‘›’๐‘ก ๐‘Ÿ๐‘’๐‘๐‘œ๐‘š๐‘š๐‘’๐‘›๐‘‘ โ„Ž๐‘–๐‘”โ„Ž๐‘™๐‘ฆ ๐‘’๐‘›๐‘œ๐‘ข๐‘”โ„Ž.


Fast forward to now, Laura is also a Veteran and the whole family has bought and relocated to their dream property in rural Tassie. Peace and quiet. Bring the kids up with country culture in their veinsโ€ฆ we are all so happy for Ben and Laura. ๐Ÿ˜Š