Hi guys- Jennine and Dave are two of our latest clients who have shared their AAP story (and are in the running for winning a tropical trip to Fiji).
This story shows that by investing in 4 properties over a two year period has seen this couple make at least $210K in profit – and the market is only just beginning to take off. You know that the one thing I’ve learnt in life is that unless you actually roll up your sleeves and do something, nothing will happen.
If you want to change your life or the situation you find yourself in, you have to actually DO something about it. Forget complaining ; this couple knew they had to do something to improve their situation instead of sitting back clinging to hope that somehow things would miraculously improve. You can sit back and analyse and talk about investing till the cows come home – but until you get out there and actually start doing something – all your doing is talking. If you’re serious about property investing – you need to realise that real estate is tied to inflation, and as such, if you don’t own at least one property, you’re as good as dead in the water.
Take a read through Jennine and Dave’s story which I hope you find motivating for your own financial success.
Our AAP story started in 2008 when we bought our first investment property. We were unsure what we doing and then the GFC hit. Even so, we still made over $130,000 in under 18 months!
If I include our own home which we built at the same time add another $150,000 pre GFC!
We thought that was pretty cool. By then we had been to a couple of seminars and started educating ourselves so we could continue on our wealth creation journey this time armed with knowledge. We also learnt to surround ourselves with like-minded people and build a team of professionals who could help us on our journey.
- We took action straight away and bought 2 more properties in 2010 within 6 months of each other in Brisbane and Melbourne.
- A 3rd and 4th purchase was made Sydney in mid 2011 and again in Sydney in 2012.
Both Sydney properties have grown spectacularly by 17.5 per cent in last 12 months to Sept 2013 bank valuations increasing our portfolio by $162,000 in less than 2 years.
RPData report sent out today says 11 per cent increase in Melbourne adding another $47,300 and that is just the beginning of Melbourne growth cycle.
Our first property in Redbank Plains hasn’t done well in capital growth but is paying for itself and that market will improve as the markets shift.
We’ve continued educating ourselves and are now investing in Masslands Hinchinbrook development. Based on our own research using local agents, RPData and Domain and our own knowledge and experience in the area, this is a no brainer. We estimate that this will give us a substantial return in capital growth during 2014.
We are time poor so AAP is working well for us. All in all, we know property really is the vehicle to wealth that any ordinary Australian can achieve if they take the time to obtain knowledge from fantastic educators like Massland and have the courage to take action!!!!
Kind regards Jennine and Dave