Game Plan – The Next Level

Juggling family,work and trying to get a foot on the investment ladder will be a challenge that many will be familiar with – and that’s exactly what Mick ans Sandy Greenway are facing. The Townsville-based couple Mick, 35, and Sandy, 42, met through the Army Reserves in 1996. They have been married for nine years and have a 14-month-old daughter, Alexandra. The couple are no strangers to building and renovating properties, and have owned four properties over the last 10 years, with the end goal of building their ‘dream home’. The first home they owned was an older property, and Mick also had a half share in another property, in which his mother owned the other half. Following a six-month stint in East Timor with the Defence Force in 2000, they used the money they saved from their deployment to buy land, on which they built a new home. Once they’d moved in there, they sold their first property, while continuing to rent out the property in which Mick had the half share.

In the investment game plan, a carefully considered plan is crucial. Your Investment Property Magazine (YIP Magazine) asked the team at Empower Wealth to devise an investment strategy for a couple who are looking to rebuild their portfolio following a setback. We started the journey by understanding Mick & Sandy’s circumstances and their future plans then, draft out their monthly budget for a clearer picture. With a clear understanding of their background, we provided a game plan, clear investment goals, financing suggestions and most importantly the next properties to buy. Read to find out more!