What have you achieved this year!!
- Thread starter jpcashflow
- Start date
2014:
2014/2015:
- Bought my first IP, which has been rented since day one.
- After buying that, I realised I had streched myself a little thin and would need a cash buffer. Managed to save cash buffer.
- Saved a portion towards deposit on 2nd IP
- Learnt a lot about property investing
- Started to assemble a team
- Refined my system for picking shares
- Changed jobs
- Joined AIQS
- Deadlift 2.2 x bodyweight
- Won local cricket grand final
2014/2015:
- Enjoy Christmas and seeing my family.
- Support wifey in upcoming exams.
- Buy 3 more IP's. To do this I will need to create some equity and release.
- Join RICS
- Take a course. Vague at this stage!
- Increase property investment knowledge.
- Make more contacts, do more networking.
- Build team
- Go on holiday! New Zealand in March.
- Play more golf.
- Deadlift 3 x bodyweight!
It's been a good year on the property front. Below purchases are houses in Brisbane:
1. IP #6 purchased in March
2. IP #7 purchased in April
3. IP #8 purchased in May
4. IP #9 purchased in June
5. IP #10 purchased in October
6. IP#11 purchased in November
7. Graduated from my MBA course
8. Had my wisdom teeth removed, I hate the dentist so this was a biggy for me
Ha Ha
See below from an earlier post (pre #10), congrats on completing your MBA also
Waiting for the detailed journey thread now
It's been a good year on the property front. Below purchases are houses in Brisbane:
1. IP #6 purchased in March
2. IP #7 purchased in April
3. IP #8 purchased in May
4. IP #9 purchased in June
5. IP #10 purchased in October
6. IP#11 purchased in November
7. Graduated from my MBA course
8. Had my wisdom teeth removed, I hate the dentist so this was a biggy for me
That's a lot of property for one year in Brisbane ,maybe you might be able to give us an idea on the location within Brisbane,if not then well done Qld needs more people like you..imho..
They are all in the Logan Council, mostly around the $250-300k price range. Numbers work so I continue buying.
That's what I thought,well done,and good luck..
Very inspiring thread!
Now that i think of it, it has been a hectic year for us also....
* settled on PPOR late Dec 13 and spent the summer renoing
* got engaged
* changed job
* planning a Wedding for march
* taken an opportunity to relocate for said new job
* so PPOR becomes IP2
* planning development of IP2 block to kick off end of 2015
Bring on 2015
Now that i think of it, it has been a hectic year for us also....
* settled on PPOR late Dec 13 and spent the summer renoing
* got engaged
* changed job
* planning a Wedding for march
* taken an opportunity to relocate for said new job
* so PPOR becomes IP2
* planning development of IP2 block to kick off end of 2015
Bring on 2015
Thought I'd have a crack....
Bought IP#2 - Buy & Hold. Hopefully some good capital gains in the next few years.
Bought IP#3 - Did a reno & now cashflow positive
Bought IP#4 - In the process of doing a reno. Will be a cashflow play
Bought IP#5 - Planning to demolish & rebuild a house
Potential for IP#6 to sneak through this year too (although probably early Jan at this stage). This one will require a quick reno too.
Outside of that - works got me on a new project thats alot more interesting than what I was doing previously. No pay rise yet though....
Bought IP#2 - Buy & Hold. Hopefully some good capital gains in the next few years.
Bought IP#3 - Did a reno & now cashflow positive
Bought IP#4 - In the process of doing a reno. Will be a cashflow play
Bought IP#5 - Planning to demolish & rebuild a house
Potential for IP#6 to sneak through this year too (although probably early Jan at this stage). This one will require a quick reno too.
Outside of that - works got me on a new project thats alot more interesting than what I was doing previously. No pay rise yet though....
Wow - looks like it was a big year for purchases.
No purchases this year for us - but that may change still.
First half of the year was spent renovating 3 units in North Brisbane that was purchased at the end of 2013.
The second half was about recovering and sorting out the loan structure.
The start of next year will be spent on major renovations to the PPOR.
No purchases this year for us - but that may change still.
First half of the year was spent renovating 3 units in North Brisbane that was purchased at the end of 2013.
The second half was about recovering and sorting out the loan structure.
The start of next year will be spent on major renovations to the PPOR.
- Had the best year of my life
- Became a better person (perpetual goal)
- Doubled my net worth
- Had a significant, positive impact on a few people
- Was flown to the US to do a small workshop by a company worth > $10 billion
- Bought IP2 - $40k under value
- Had IP1 revalued - up 20% in the 12 months since I purchased it
- Reeled in my "be able to retire by" age significantly
- Diversified investment holding into cryptocurrencies
- Massive, positive evolution of mindset
- Took more risks
- Invested heavily in myself and realised the importance of doing so
- Become intensely goal-oriented
- Read 40-50 books
- Made a handful of life-changing connections
- Started building a business
- Wrote a short book
- Featured in media
- Helped both of my parents get on track financially
- Watched 100+ sunrises/sunsets
- Jettisoned detrimental acquaintances
- Remained fit and healthy as ever
- Sourced properties for a few folks
- ..and am now studying to become a BA
- Became a better person (perpetual goal)
- Doubled my net worth
- Had a significant, positive impact on a few people
- Was flown to the US to do a small workshop by a company worth > $10 billion
- Bought IP2 - $40k under value
- Had IP1 revalued - up 20% in the 12 months since I purchased it
- Reeled in my "be able to retire by" age significantly
- Diversified investment holding into cryptocurrencies
- Massive, positive evolution of mindset
- Took more risks
- Invested heavily in myself and realised the importance of doing so
- Become intensely goal-oriented
- Read 40-50 books
- Made a handful of life-changing connections
- Started building a business
- Wrote a short book
- Featured in media
- Helped both of my parents get on track financially
- Watched 100+ sunrises/sunsets
- Jettisoned detrimental acquaintances
- Remained fit and healthy as ever
- Sourced properties for a few folks
- ..and am now studying to become a BA
I love these threads. Its great reading looking at what others have achieved as well as looking back on what has been.
It is similar vein to this thread
For me;
Finished (after 5years) my first development. Kept all 3 which are rented.
Started a partnership with Westminster to develop a site. Opened 2 other investing entities.
Travelled to Japan, Indonesia, Australia (x3) and Russia.
Increased net income by about 30%
Reduced net debt by 5%. Reduced interest bill by 12% and decreased living costs by about $10k/pa.
Started a share portfolio
Got engaged, and Mrs Blacky is due to have Jnr Blacky in January
Mrs Blacky also purchased an apartment in Moscow. Given how things have panned out we expect to repay the debt on this in March 2015 and purchase another one.
Blacky
It is similar vein to this thread
For me;
Finished (after 5years) my first development. Kept all 3 which are rented.
Started a partnership with Westminster to develop a site. Opened 2 other investing entities.
Travelled to Japan, Indonesia, Australia (x3) and Russia.
Increased net income by about 30%
Reduced net debt by 5%. Reduced interest bill by 12% and decreased living costs by about $10k/pa.
Started a share portfolio
Got engaged, and Mrs Blacky is due to have Jnr Blacky in January
Mrs Blacky also purchased an apartment in Moscow. Given how things have panned out we expect to repay the debt on this in March 2015 and purchase another one.
Blacky
Point 3 sounds interesting. Can you elaborate?
financing - made some introductions and pointed some in the right direction which they followed up with.
media - overlapped with the promotional efforts for Startup Weekend. Several startups conceived at the event have gone onto raise funding and the media ran with these stories.
