The importance of tailored strategies: Jack's success story
Frustrated with paying significant amounts of tax with a stagnant income, Jack came to us for guidance on how to make his hard-earned money work for him so he could build a secure financial future.
Working closely with Jack, we came up with a tailored strategy with the aim of reducing his tax burden and utilising his savings by investing in property. The results have been nothing short of remarkable.
Jack purchased his first investment property for just $500,000. A recent bank valuation shows it’s now worth an amazing $830,000.
Not only that but it’s never been vacant, bringing Jack $620 a week in rental income.
After this successful first experience, Jack was able to use his property’s cash flow and tax savings to invest a second time. We negotiated an instant equity gain of $60,000 before Jack even owned the land, and were able to reduce the asking price from $380,000 to $320,000.
While properties in the area are valued at over $1 million, Jack was able to build his investment property for under $700,000. Talk about instant equity!
Jack’s success story highlights the importance of tailored investment strategies.
If you’re ready to take control of your financial destiny like Jack, schedule a call with us today and together, we can invest in a brighter future.
