They just wanted to dig themselves out of the financial hole they were in, grow their wealth, replace their income and enjoy a lifestyle of freedom and abundance.
Migrating to Australia in 2009 with limited English and facing significant personal and financial setbacks, including a painful divorce and subsequent financial destitution, Yan’s life took a pivotal turn when she discovered the I Love Real Estate community.
This marked the beginning of her journey from despair to becoming a successful real estate investor.
“There was a point in my life when I had no money, no job, nowhere to stay and had very limited ability and experience to communicate in English.”
Yan’s journey into real estate began almost by accident—a serendipitous click on an ILRE banner while searching for rental properties. This small action opened up a new world of possibilities and marked a significant turning point in her life.
She immersed herself in the resources provided by I Love Real Estate, which reshaped her outlook on life and equipped her with the knowledge she needed to succeed.
With a newfound determination, Yan saved $15,000 from working two jobs, which she used as a down payment for her first house — a house and land Package that she purchased for $352,000.
This property’s value increased by nearly 20% by the settlement date.
Five months after moving in, Yan refinanced and cashed out to fund her second home, where she rented out spare rooms to increase her income.
Despite her early successes, Yan felt she had more to learn and achieve. In August 2021, she joined ILRE’s Platinum Program, where she met her coach, Christine.
Christine provided invaluable guidance, helping Yan build a solid investment foundation and connect with like-minded investors in the community. This support was crucial as Yan embarked on more ambitious real estate ventures.
Yan’s real estate education encouraged her to apply her learning to practical projects. In December 2021, she purchased a 4-bedroom house in Cairns CBD for $430,000. She invested in renovations, which amounted to $70,210.
After renting it out for 12 months, she sold the property, making a profit of approximately $60,000! This project significantly boosted her confidence and motivated her to continue growing her portfolio.
Building on her success, Yan and her partner Tim purchased another property in the Northern Beaches of Cairns for $470,000. The renovation is nearing completion, and they expect to make a profit of $50k-$60k.
This project, along with her ongoing plans to seek out an income deal and buy a principal place of residence, showcases her growth and the practical application of her real estate education.
Yan’s journey through real estate is about more than financial success; it has been a pathway to personal fulfillment and independence.
She has left her job to focus on her family and personal development, managing her time to maximize the quality of life for herself and her loved ones.
This change was made possible by the stability and confidence gained through her real estate investments.
Yan expresses deep gratitude to Dymphna, Christine, and the entire ILRE community for their support. Her story is a powerful example of how education, community support, and personal determination can lead to profound life changes.
From a challenging start in a new country to achieving financial independence through real estate, Yan’s journey is an inspiring tale of transformation and success.
“My ‘I Love Real Estate’ experience has given me the confidence that I have always wanted.”
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These stories and the results in them were captured at a specific point in time. The real estate market and the investing strategies used to succeed are constantly changing. The achievements and results of these investors may have changed since these stories were recorded. Each of these investors engaged in in-depth training, coaching and mentoring to be able to achieve these results. Their results are not typical and should not be taken as a guarantee of the results you may achieve. Your personal results will be in-line with the training, education and hard work that you personally conduct.
“My ‘I Love Real Estate’ experience has given me the confidence that I always wanted.”
PRE-ILRE
No job, no money, and nowhere to stay
Undergoing Divorce Process
Cash: $1,500 (borrowed from a friend)
PPR Renting Value: $0
POST-ILRE
PPR
Value: $750,000
Equity: $400,000
Cashflow: $0
Rental – Smithfield
Value: $650,000
Equity: $450,000
Cashflow: $21,639
State: Holding
Reno – Westcourt
Value: $565,000
Profit: $60,000
Cashflow: $0.00
State: Sold
Reno – Kewarra Beach
Value: $600,000
Equity: $100,000
Cashflow: $0
State: Under renovation
Total
Value: $2,000,000
Equity: $950,000
Cashflow: $21,639