The Problem:
Meet Katrina and Dave, tenured professionals who spent decades in their respective fields in the United States, before returning home to Australia for retirement. With their eyes set on Brisbane’s growing real estate market, Katrina was eager to secure a property here. However, the coupled faced two challenges: securing a piece of land in a tight market and navigating rooming houses, a concept that was entirely new to them.
The Decision:
Katrina and Dave joined the High Yield Property Club and unlocked the pathway towards fast-tracking their investment portfolio through a done-for-you rooming house flip.
The Solution:
Through their High Yield Property Club membership, Katrina and Dave turned their first rooming house project into a profitable flip. In this journey, they experienced:
Investor Support and Education: Kevin, Natasha, Georgios, and the rest of the High Yield Property Club provided constant support and guidance throughout Katrina and Dave’s journey. By actively engaging in the online program, monthly webinars, and other exclusive member events, Katrina and Dave were equipped with the knowledge and assurance to begin their journey towards their first rooming house.
Land Acquisition Support: With the guidance of the High Yield Property Club’s CEO, Natasha Howie, Katrina and Dave secured a suitable piece of land. Natasha not only sourced the site but also negotiated the purchase to align with the couple’s budget
Expert Build: Backed by the High Yield Property Club’s network of builders and contacts, Katrina and Dave enjoyed a hands-off process. They had every stage managed seamlessly, from development approvals, construction, all the way through competition and turnover. Although it was their first rooming house project, they were delighted with the straightforward and stress-free experience.
Efficient Delivery: Katrina and Dave wanted their project completed on time and within budget. Thanks to the High Yield Property Club’s streamlined process, both goals were achieved. The build was completed in a shorter timeframe and with a cost perfectly aligned with their budget.
The Result:
The High Yield Property Club swiftly connected them with a buyer and negotiated a strong deal for the couple.
Katrina and Dave’s total investment was $1.076m ($585k for the land + $491k for the build). The property was sold at $1.365m, giving them a remarkable $289k gross profit.
In another perspective, if Katrina and Dave had decided to keep the property, they should have made at least $100k rental income a year.
Both scenarios represent the strength of the rooming house strategy in terms of returns and cash flow.
Katrina and Dave walked away with both a significant return and a positive experience from building their first rooming house.
After developing a strong confidence and trust with the High Yield Property Club and its network, Katrina and Dave were already looking forward to getting another rooming house that will become a long-term investment.
Ready to Explore Rooming Houses?
Ready to Explore Rooming Houses?
If you’re like Katrina and Dave and want to combine savvy property investing with high social impact, reach out to High Yield Property Club today to discover how our team can support your journey.
