Joel bought this property back in 2015.
It was one of the first he ever invested in.
There was no real strategy behind it. It was just buy and hold.
It’s based on the East Coast of Queensland and he
tried to sell it.. But all he could get were lowball offers.
So he was in a bit of a bind, particularly since he has another subdivision he is looking to kick off which he needed funds for.
He didn’t know what to do.
So using the strategies I teach, he did some research and started crunching a few numbers.
As a standard rental property it brings in $360/week. After expenses, not allowing for vacancies and providing he had no surprises, it is JUST positive bringing in $2,120 per year. Not bad, but not great either…
By using HI RES Strategies, what he and his partner Bianca found, and what we are going to show you in our upcoming 48 hour Facebook Live challenge, is how you can take this property from $360/week to $750-$780/week!
Yes, that’s an extra $390 a week, over $20,280 per year!