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Gary & Pam

success

Gary and Pam* came to us self-educated in property and investing, discovering us after listening to The Property Couch as part of their ritual of listening to “every” other property podcast! Certain of what they wanted their future to look like, they worked with our Property Wealth Planning Team, and received a tailored property plan to action their dreams of a financially-independent retirement. With their plan in place, they now knew they were in a financial position to purchase an investment property to execute their vision right away.

 

The Search

With a long term goal of capital growth, while also requiring enough rent to supplement any cash flow loss, Christa targeted good growth and a decent yield for Gary and Pam’s purchase. This strategy required a home with land, located in a good suburb, but removed from a sky-high price tag. With this, and the decent yield in mind, Brisbane was our choice of destination.

The Selection

With Christa professional relationships with agents, she was able to find a suitable off-market property for Gary and Pam, an option that wouldn’t have been available to them had they not outsourced to a Buyers Agent. This was a low maintenance brick home in Brisbane, located on a sizeable corner block. This meant that alternative avenues to increase capital growth, such as potential development (subject to council approval), were available to Gary and Pam if they wanted to take this option further down the track.

The Negotiation

Negotiations with the agent went smoothly, and allowed us to advertise and find tenants prior to settlement. Without delay, Christa, again using her contacts, was able to secure a quality tenant with a better-than-expected weekly yield (almost equivalent to shouting 10 mates at the bar for every round)!

The Pre and Post Settlement Service

As usual, what you should expect post settlement, we coordinated all contract reviews, additional contract conditions and various maintenance items that were included in the negotiations to be rectified by the landlord. Lastly, we assisted Gary and Pam with property management through recommended property management companies.

What They Said:

Christa has been amazing to work with! Her enthusiasm and passion for property was evident in every communication. We appreciated Christa and her team’s regular contact, professional advice, guidance and ongoing support throughout the whole process. Particularly being our first investment property, we felt at ease knowing we had an exceptional team of people looking after us. We are looking forward to working with Christa again on our future properties! Thank you Empower Wealth.

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