I just made $55,000 on settlement of my first investment property!
Purchase Date: March 2012
Purchase Price: $355,000
Build Time: 10 months
Rented for: $460pw (March 2013)
Market Value On Completion: $410,000 (March 2013)
Glenn is as a fly in fly out worker who has just settled his first investment property in High Wycombe, that he bought off the plan through Investors Edge. He paid $355,000 and the property was valued on completion by the bank at $410,000. We found him a great tenant to move in the day of settlement paying $460 per week.