Our four simple rules helped an everyday Australian earn $400,000 in equity and put three properties on their portfolio in just two years.
We had a client - let's call them Kim - join Buyers Club two years ago. Kim had the straightforward goal of paying off their house.
Paying off debt has evolved from the old-fashioned approach of waiting decades to pay off your mortgage.
If you want to pay off your debt quicker, do what Kim did and follow the Buyers Club’s four rules.
Rule 1: Buy Below Market Value
Buyers Club helps clients like Kim buy properties below market value by making them trusted buyers.
We have a list of trusted buyers, who we present to builders and developers of multiple-property packages. We strike a deal to buy all the properties under the offering price, giving the sellers a sizeable quick sale. While the buyers like Kim purchase a property below market value.
Rule 2: Purchasing Properties with Depreciation
People with an investment property can offset their property's decline in value from their taxable income.
Buyers Club helps our clients ensure they get the maximum depreciation possible using proven methods and buying a new property, which provides a higher depreciation compared to older properties.
Like all our clients, we helped Kim maximise their depreciation.
Rule 3: Buying in High-Growth Locations
We help our clients buy in areas with high growth potential in the property market.
Kim bought a dual key property in South-East Queensland at $450,000. Buying in South-East Queensland was no accident. We helped identify an area that would go up in value.
Only two years after the purchase, Kim’s property was worth over $800,000.
Rule 4: Buying Positive Cash Flow
Just as important as buying a property that will go up in value, is buying a property people will want to rent out.
During the two years since Kim bought the property, rental prices increased. If Kim wanted to take out $400,000 in equity and use that to pay off their home, the investment property would still be cash-flow positive due to rent.
In the end, Kim changed their goal and chose not to pay off the home but buy more property. Now Kim has three properties in their portfolio.
There are no tricks at Buyers Club; we want everyone who comes to us to succeed.
Join thousands of successful clients like Kim.
BOOK A MEETING with us today or call us on 1300 505 605 to find out more.
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