Success Story

ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #13

Now, this success story is exciting and a lesson in focus and determination to achieve the end state, no matter what life throws at you! 
We originally sat down with these clients in Feb 2019, yes 3 years ago! He was in the RAAF at AMB in Brisbane, his wife was not in the workforce; rather she was looking after their 4yo daughter at home. 

They had been very diligent with their money, with over $100K saved. We put a plan together for them to acquire their first investment property. EOI submitted on 15 May 19 – and we are away! $490K package in a fast-growing region of SEQLD.

However, life got in the way (he was pulled from pillar-to-post with short-notice ADF taskings and courses, so the timing was not right for them to proceed). Withdraw EOI, get the deposit refunded and press pause. Remember, our life priorities always supersede our property endeavours.

Then in mid-2020, we identified another opportunity for them to try again. EOI down for a $515K package, including solar, with a predicted rent return of $480pw (which is good rental yield). It was a very similar package to EOI #1, still in the same region, but not in the same estate.

Luckily the pause we had to have in late-2019 only caused them to pay ~$25K more by mid-2020. It could have been worse.

Investment Property Success Story Details:

  • Purchase price: $515K (comparable packages are now selling for approx. $700K!!)
  • Build complete: Mid-2021
  • Actual rent achieved: $560pw (this is awesome rental yield!), with comparable rents NOW, over $600pw… how good?!
 

As you can see, their belief in the area we directed them to, and a laser-like focus on getting their first investment property, no matter the false starts, has really paid off.

Now posted to RAAF RICH in Sydney, and with a second child in their clan, we have put a macro strategy around when investment property #2 will transpire. Sure, this will include the wife going back to work part-time… but that’s a relatively small contribution to rinse-and-repeat the outcome above.

Tell us what you think of this success story – I bet so many of you can relate to this!

 

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ADF Housing: Investment Property Success Story of a Double-Army Couple

Rae and Alyta came to us in April 2022. A double-Army couple 👩🏻‍🤝‍👩🏽 living in Brisbane, we explored 2 x COAs: Build their first investment property (outside of their posting radius); or pull the trigger on their ADF and Govt housing entitlements and build their own home (PPOR).

After some analysis from the mortgage broker and more planning with Axon, it was decided that we would discard IP#1 and enact the COA that provides stability and surety (building their PPOR).

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Growing a family and a property portfolio is very difficult at the best of times. Watch now for a complete demonstration, by numbers, of how to get it right!!!

P&S came to us with some clearly defined goals around creating intergenerational wealth for their family but were very unsure of how to start working towards achieving them. Initially, on P’s single RAAF income, we knew that this was going to be a difficult task to get their foot in the market in the near term. After the initial Coaching session, S made the decision to turn part-time employment into full-time employment to solidify their ability to start generating wealth. A power move indeed!

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This is a success story that informs us that it’s never too late to ensure our retirement is what we deserve…

Rob and Cassie came to us in June 2022. Living in Sydney, Rob is a 20-year Construction Engineer in the Army, and Cassie works in professional services. In their early-mid 50s, one of their concerns was whether it was too late for them to improve their situation as they start to consider retirement on the GC.​

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ADF Housing: Investment Property Success Story #93

This highly accomplished couple came to us as first-time investors with great money habits yet no refined goals in mind. They knew they wanted financial security but were unsure of the path to take, and that’s where we employed step one of the process. Establishing a list of detailed goals around all areas of their lives, we were now ready to commence the coaching series to gain clarity over our options.

B and J, through their own admission, had very little free time to apply to make this acquisition a success and, as such, employed Axon to guide and support them through the process. B and J said they wanted Axon to “𝑇𝑎𝑘𝑒 𝑡ℎ𝑒 𝑠𝑡𝑟𝑒𝑠𝑠 𝑜𝑢𝑡 𝑜𝑓 𝑝𝑢𝑟𝑐ℎ𝑎𝑠𝑖𝑛𝑔 𝑎 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑎𝑛𝑑 ℎ𝑒𝑙𝑝 𝑢𝑠 𝑡𝑜 𝑛𝑎𝑣𝑖𝑔𝑎𝑡𝑒 𝑎𝑙𝑙 𝑡ℎ𝑒 𝑑𝑖𝑓𝑓𝑒𝑟𝑒𝑛𝑡 𝑟𝑒𝑞𝑢𝑖𝑟𝑒𝑚𝑒𝑛𝑡𝑠 𝑎𝑛𝑑 𝑜𝑝𝑡𝑖𝑜𝑛𝑠. 𝑊𝑒 𝑙𝑖𝑘𝑒 𝑡ℎ𝑎𝑡 𝑡ℎ𝑒 𝑟𝑒𝑠𝑒𝑎𝑟𝑐ℎ 𝑜𝑛 𝑓𝑖𝑛𝑑𝑖𝑛𝑔 𝑡ℎ𝑒 𝑟𝑖𝑔ℎ𝑡 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑖𝑠 𝑑𝑜𝑛𝑒, 𝑎𝑛𝑑 𝑤𝑒 𝑐𝑎𝑛 𝑡𝑎𝑘𝑒 𝑎 𝑙𝑖𝑡𝑡𝑙𝑒 𝑚𝑜𝑟𝑒 𝑜𝑓 𝑎 ℎ𝑎𝑛𝑑𝑠-𝑜𝑓𝑓 𝑎𝑝𝑝𝑟𝑜𝑎𝑐ℎ 𝑤𝑖𝑡ℎ 𝐴𝑥𝑜𝑛 𝑚𝑎𝑛𝑎𝑔𝑖𝑛𝑔 𝑎 𝑙𝑜𝑡 𝑜𝑓 𝑡ℎ𝑒 𝑝𝑟𝑜𝑐𝑒𝑠𝑠𝑒𝑠.”

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This is a success story that emulates the changing circumstances of life many of us go through…

BLUF: Katie has recently refinanced this amazing investment property to her name, even though she and her previous partner, Ben, built 🏗️ the house as a couple.

After being referred to us by Laura (last week’s success story!), Katie and Ben came to Axon in April 2021. They were both Navy members, living in Sydney and in their early 20’s.

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ADF Housing: Investment Property Success Story #91

Ben is a Veteran (ex-Army Engineer, working ✈️ FIFO in the WA mining sector), and Laura is a 🚢 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! 🙌 It was named IP#2, as they came to us with an investment property in Darwin that they had bought in 2015

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