Client Story: Mr. and Mrs. Shah generated $64,000 in rental income from three properties.

Mr. and Mrs. Shah generated $64,000 in rental income from three properties.

A professional couple is dreaming about building their large property portfolio so they can retire early on rental income. They wanted to reach financial freedom faster than expected. They are very keen, confident, and love to work hard to achieve their financial freedom based on their terms.

Finally, they googled “Cashflow Properties” and approached Bharat on their first meeting. Since Day 1, since they met Bharat, they have been convinced that this is the only buyer’s agency that can help them reach financial freedom faster than expected.

Our Action

We prepared a detailed strategy with a proper action plan to embark on their journey.

We wanted to buy the right investment property in a market where there is growth and rising rental income, so their borrowing capacity won’t become an issue.

Within a week of signing the buyer’s agency contract, we found a solid investment property with a strong rental yield.

The purchase price of the property was $355,000. It has 3 bedrooms and 1 bath on a large piece of land. It has rented at $480 a week within weeks after settlement.

Soon after settling on our first investment property, we sourced two more property investments in the right order so they could settle on it.

The second investment was purchased for $240,000 in a blue-chip location. It has 2 bedrooms, 1 bath, and a single lock-up garage. It gets $340 a week in rent at the time of settlement and will rise to $360 a week.

The third investment was $180,000, with rents up to $340 per week on a periodic lease. It has 3 bedrooms, 1 bath, and a single carport. Rent will rise to $400 a week.

After purchasing three entry-level properties, the client has generated a whopping $64,480 in rental income per year.

The couple is still purchasing more affordable investment property, and we will add it here.

We believe in action instead of high hopes and no action.

 

 

Are you ready to take action with our Buyers Agency service?

Free Consultation

Book Appointment