Have you ever thought about investing interstate but don’t know what to do, how to do it, or where to buy?
Well, that was the story for our client Liam, a first time investor, and entrepreneur from Western Australia. He had been stuck for some time, and finally decided to reach out to us for help (wise move), and subsequently made an absolutely supercharged leap in his wealth journey.
Not only was this property heavily discounted due to vendor distress, we also negotiated for them to complete the required works to get the place up to tenantable standard including: Bathroom repairs, repainting and more.
Now, I’m not gonna lie… this was a long, and protracted purchase process with a number of stumbling blocks along the way…
But, we’re all absolutely delighted with the result. This is going to be a massively powerful launchpad for a high performing portfolio. Not only that, the block size and zoning will allow for a knockdown rebuild development in future years! Bonus!
Some key property stats:
- Purchase Price: $335,000
- Gross Yield: 5.8%
- Cashflow: $1,307
- Cash required for purchase: $78,669
- Months since purchase: 25
- December 2021 Bank Valuation: $450,000
- Total % Growth Since Purchase: 34.3%
- Total $ Growth Since Purchase: $115,000
- Return On Capital Invested: 147.8%
Pretty good, right?
”⭐⭐⭐⭐⭐ Hi! My name is Liam, I’m 23 and I am a first-time property investor.
I was looking to get my start in real estate investing but had no idea where to start and needed someone who had a proven process and knew how to get results and avoid the pitfalls in real estate.
Dashdot helped me find and negotiate a good positive cash flow property at a great price and provided me with excellent guidance, coaching and support through the challenges that arose.
I feel very relieved and grateful that I had Dashdot to help me and navigate the obstacles and situations that came up throughout the purchase of this property.
I would highly recommend Dashdot to anyone considering investing in real estate to help them achieve their real estate goals faster and avoid the mistakes and setbacks on the way.LiamThis is what Liam had to say