Kevin’s Story

The [Property] Wealth Plan was a very good way to start things off because at that time,  we were nudging sort of 50. We had hoped to sort of retire around the mid-sixties, early sixties, earlier, if possible, but we knew we were getting to a point now where we were both earning, collectively, a good income.

We knew that we had our,  surplus money, but we didn’t really understand the process to get it to really work for us well.

We did the plan, and then we agreed that we would try and do an acquisition. At this point in time, it was getting towards the end of 2017, I think, and we purchased then and settled in early 2018 on the first property and that was purchased with Linda, but our plan sort of had us down for our second acquisition very soon after.

So, by mid-year in 2018, we purchased our second property, and we also had a third, which we’re sort of yet to purchase, yet to acquire, at this point.

Certainly not nervous about the exercise now as to what we probably were from day one.

Very comfortable with the whole way Empower did it.

We not only did the plan, but we then used Empower’s Buyers Agent service as well, and that was excellent. Well worth the money.

I think for us, it also gave us the comfort that, had we been trying to then step out of the process and do it ourselves, that we really could have gotten caught up in an emotional, purchase at the time.

We desperately want this property, paying way too much, that sort of thing. We’re able to use the Buyer’s Agents to sort of filter all that out and work out what property was good value and what location and that sort of thing.

Once you have the Buyers Agent on board and they’re starting that journey of going to have a look at houses for you, it’s quite an exciting process because you know that you’ve got someone that’s very knowledgeable; they’ve done it before they know what to do, all the little things that you’re worried about with, you know, contracts and real estate forms.

You’ve got to sign and bits and pieces to make offers and all that. They’ve got all that in hand.

So I think having someone driving the machine, and you’re just sitting in the back, looking out the window, going, How good is this?!

Any minute now, we’re gonna lock in something really good. Someone partnered with us to make it happen and make sure it’s going to be a good thing.

We’ve still got both of those properties, and they’re both going well. We’ve got great property managers up there that were referred to us by Empower. So that’s worked out fantastic. So yeah, very, very happy.

Dean’s done some desktop valuations and stuff for us recently, you know, for refinancing exercises and that sort of thing, and it’s definitely showing that we’re getting capital growth. There’s no doubt about it.

We’ve managed to create a really good trusting relationship with all the divisions – it doesn’t matter whether it’s Dean’s team that is doing refinance for us or whether it’s talking to Joel originally about where we wanted to go.

We really teased out lots of stuff and told him things that, this is what we want. This is where we want to head… He took it all on board.

If someone’s looking for a partner that they can partner with, to really have someone as a trusted partner to achieve their goals in property investing, then I think Empower’s definitely what I’d recommend in that space.

 

Note

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