Today we share an inspiring story of Maddy, a longstanding client who has achieved remarkable success as a Rentvestor. Maddy's journey is as a perfect example of how Rentvesting can be a powerful strategy for building wealth and diversifying your investment portfolio, while still living in your dream location.
A BIT ABOUT OUR RENTVESTOR
Maddy, a young and ambitious professional in his 20s, migrated to Australia in 2013 for better work opportunities. As he settled into his new life and career, he found himself drawn to the idea of travel and exploring different locations.
Despite being a high-income earner with ample savings, he hesitated to invest in property due to his limited understanding of the market and his evolving perspective on settling down in a single location.
However, he was determined to build his wealth and secure his financial future without compromising his current living standards. Regardless of these challenges, he knew that he wanted to invest and was eager to find a way to make his money work for him.
FIRST STEP TOWARDS INVESTING
Inspired by his brother's astounding success in creating a multi-million-dollar property portfolio with SONI Wealth, he turned to our team for professional guidance. Our team took care of the entire process, starting from understanding his financial situation, goals, inspiration, and blockers.
Through our efficient step-by-step system, UNLEASH YOUR WEALTH he gained a deeper understanding of property investments and was introduced to the concept of Rentvesting, which was the best suitable strategy for him. With this approach, he realised he could still enjoy the freedom to live wherever he wanted while successfully investing in properties.
“Rentvesting is the strategy of building a property portfolio that allows property investors to rent and live in the location that suits their lifestyle needs while getting into the market and investing in property where they can afford “
SUCCEsSFUL FIRST INVESTMENT
With the guidance of our team, he was able to make an informed decision and bought his first investment property in 2018. From selecting the property to obtaining finance, conveyancing, and leasing the property post-settlement, the entire process was managed swiftly by #TeamSONI.
After his first year as a Property Investor, what was shown to him as a strategy on paper came to fruition when he received an $8,000 tax refund. This was his light bulb moment. He realized that investing in property was not only a safe and reliable way to build wealth but also a way to manage his money smartly and leverage his tax dollars.
ACHIEVING GOALS WITH SONI WEALTH
Emboldened by his success, he went on to invest in more properties over the next 3 years by smartly using the equity from existing investments as a deposit for the next one. The fear of getting a mortgage was replaced by the excitement of knowing that his money was finally working for him.
Over the past five years, Maddy has accomplished extraordinary milestones. He successfully built a portfolio valued at over $2 million dollars, consisting of four properties. During this time, he also tied the knot and recently celebrated the arrival of his first child.
Remarkably, Maddy achieved all of this while enjoying the lifestyle in his dream place, Central Coast. By making his money work harder through strategic investments, his property portfolio now generates positive cash flow, substantial tax benefits, and capital growth. This story is a true testament that with an open mind, a willingness to make your money work for you, and the proper guidance and support, you can build wealth through property investment without sacrificing your lifestyle.
TEAM SONI CAN HELP
If you are committed to starting or accelerating your property investment journey or looking to explore if Rentvesting is the right strategy for you, Team SONI can help!
Book your free Wealth Consultation today. A simple chat with our experts can help you clarify your questions and give you the confidence you need to get ahead. Working with our team:
✅ You’ll get an accurate understanding of your potential as a property investor.
✅ We will help you define your financial goals together with realistic milestones.
✅ You’ll discover personalised strategies to make your money work harder for you.
✅You will experience our proven system to help you reach your financial goals faster.