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Joshua’s Story

We’ve got our own primary place of residence then we’ve got two investment properties. So we’ve got a Portfolio put in place by Rachel.

And then we’ve used Jake twice for two different properties now.

So Rachel put a plan in place 2019 and then bought the first one, December 2019 and then 2021.

The first property we bought was in Melbourne. So for us to go in that local Melbourne market, we don’t exactly know it. I could have gone and had a look around and things like that, but if you make a mistake and elect, for example, it goes up at 7%, when you could have gone on a place that goes up 8%, it doesn’t take very long to get your fee back. You know what I mean? And then the second property is Brisbane. So that’s also out of our area and then COVID made it very tough to get up and out and about and see places. And you don’t want to be flying out there every second weekend. Things like that.

To be honest, we love the process, and it’s just so easy. They just point you in the right direction and give you so much feedback.

Just so glad I came across it and everyone overall has been great. The whole team’s been great. Jake was great. All the people that worked for him and alongside him have been great too, putting us in touch with the right people and… both properties, they both needed some repairs or some improvements and even putting us in contact with the right people there, it’s been great.

And then  it’s  asset selection from what I can say so far, has been great.

Obviously the fees.. it’s not cheap, and everyone probably understands that, and there could be a bit of a turn off some people, but look, if you make that mistake, it’s going to cost you 10 times that amount in the long run.

If you’re looking to hold the property for say 20, 30 years – we don’t plan on ever selling any of our properties, just hold them for the whole time – but yeah, you got like say 1% of $600,000. If you make that difference – if you make, instead of making 7% makes 8%.

That’s going to be very quick to get your fee back. That’s what I think anyway. And to just take the stress out of things too. I just think it’s fantastic.

Imagine having to fly up to open homes and do 30 open homes on one weekend and then fly home. The next weekend I miss out on all of them are not like them and have to fly back the next weekend. Right? That cost is huge, you know, huge. And then your time costs, then you had mental health costs. God, I wouldn’t want to do that.

It’s just been so easy. Just follow the plan, and engage when the time’s right. Engage the buyer’s agent, get them in. It’s just been so easy to be honest.

It’s kind of weird. You don’t get super excited about it, but you don’t get that nervous about it. It’s just like, it’s part of your plan. You’re  gonna  move on.

I’d definitely go with Empower Wealth. And I definitely get a Buyer’s Agent for all the reasons I said before.

 

Note

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