How Hang Made $900,000 in 5 Years

 

Background

Hang was feeling frustrated. She was pulling serious overtime hours but still only earning around $50,000 per year.

 

Solution

2016 – First meeting with us.

  • Property portfolio value (only her home): $665,000
  • Total mortgage: $320,000
  • Total equity/property net worth: $345,000

 

2017 – Bought first investment property for $190,000.

  • Earning $16,640 rental income per year.

 

2018 – Recycled equity to buy second investment property for $180,000.

  • This property was earning her $17,160 rental income per year.

 

2019 – Bought 3rd investment property for $285,000.

  • Again she sourced this deposit by recycling equity from her home and previous investment properties.
  • This was earning $20,800 rental income per year.

 

2020 – Bought her fourth cash flow positive investment for $334,000.

  • This was earning $20,800 per year.

 

2021 – After discussing options with us, she eventually decided to sell her first investment to reallocate capital into a new potential property development.

  • She sold her 2017 investment property – doubling her money!
  • Then purchased a $500,000 two unit property on a 2,600m2 section.
  • This property is earning $31,200 whilst land banking!

 

Outcome:

  • Portfolio value: $2.8 million
  • Portfolio equity: $1.2 million (also her net worth in property)
  • Annual portfolio profit: $28,000+
  • Earnings: +$500 per week just from her property investments.

 

Future Plans

She has achieved her dream of becoming mortgage free in just 5 years. Every day Hang wakes up knowing she is able to sell part of her portfolio to clear all her debt.

Or, if she sold all of her properties she would have $1,200,000 in her bank account.