Alice & David

How Alice And David Created $267,000 Annual Cash Flow And Change Lives Doing It

Alice and David: The Dream Team

Have you ever met a team so unstoppable that even when life throws a curveball, they turn it into an adventure?

Meet Alice and David – partners in every sense of the word. “We’ve got two kids,” Alice says with a big smile, “and we’ve been together for, like, more than half our life.”

That’s pretty impressive!

Alice and David’s story began in Sydney, a bustling, vibrant city where they were both working and loving life. They were climbing the corporate ladder, enjoying the good things – weekends out, beautiful views, and a two-story penthouse apartment to call home.

Everything seemed perfect. But then… two little superheroes entered their lives: their kids!

Now, Alice and David are amazing parents, but, like all superheroes, kids have a special power – they change everything. Suddenly, life wasn’t just about fancy dinners or living in a dreamy apartment.

It was about juggling work, time with the kids, and figuring out how to pay for daycare that cost – wait for it – $35,000 a year! Can you imagine?

Alice jokes, “Life is amazing with children. It just significantly changed our perspective.” David laughs along, but they both knew something had to change.

Sydney was great, but it felt like they were working hard just to stay still.

The dream of having time for their family, flexibility, and a better life pushed them to make a big decision.

Chasing Dreams and Changing Cities

Alice and David were earning good incomes in Sydney, but between $35,000 a year on daycare and sky-high property prices, they felt stuck. “We were still priced out of the Sydney market,” Alice shared.

Wanting more family time and a better lifestyle, they made a bold move to Perth—seeking affordability and breathing space.

Alice managed to transfer her job, but as soon as they arrived, she was made redundant!

David had already resigned, so suddenly they found themselves in a new city, two kids to support, and no clear plan. Instead of panicking, they decided to try something new: owning a business.

The Gym Gamble

They bought a 24-hour gym, imagining flexibility and fitness. The reality?

Gruelling 16-hour days, staff issues, constant stress. “It was actually worse than living in Sydney,” Alice admitted.

They realised they hadn’t moved just to feel stuck again. Determined to find a better path, they kept looking.

The “Aha!” Moment: I Love Real Estate

One day, David came home holding a flyer: “I Love Real Estate.” He’d attended an event and told Alice, “You’ve got two choices: go back to work or do this.”

It wasn’t a hard choice. They signed up to the Ultimate Real Estate Success Coaching and joined the community.

Within weeks, Alice attended her first Ultimate Members Only event.

Inspired by others’ success stories, she even approached host Dymphna and said, “Thank you.” Dymphna replied, “So you’re going to come back and be on stage, aren’t you?”

Nervous laughter – yet it would soon come true.

The Big First Deal: Four Townhouses

Not ones for small steps, Alice and David’s first deal was a block of four townhouses.

“If you’re going to go, go hard, right?” Alice said. They bought the site two weeks after joining I Love Real Estate.

Then COVID hit. Selling off-the-plan wasn’t working, so they adapted—selling in stages. It paid off. They sold three, keeping the fourth for almost free.

Their profit? Over $700,000, plus a positive cash-flow property.

Hard Lessons: Leaky Roofs

New to property, they’d trusted their builder without inspections. A year later: leaking roofs, water damage, expensive repairs.

Stressful, but a lesson learned.

“Now we know: always get building inspections done,” Alice said. They fixed the problems and kept moving forward.

Changing Lives with Special Homes

Their journey evolved into building NDIS Special Disability Accommodation homes for people living with disabilities.

Navigating NDIS was challenging: mismatched regulations, endless paperwork. But they persevered, determined to create homes that felt like homes, not institutions.

One tenant, after waiting 10 years for a proper home, walked in and cried with joy. “That moment will stay with us forever,” Alice said.

For them, this became more rewarding than financial gains.

When Plans Change: The Big Pivot

Not every deal worked out. Planning delays and rising costs forced them to sell land they’d intended for more NDIS homes. It wasn’t easy, but they knew it was the smart choice.

“Sometimes, letting go is the smartest move,” Alice said. Flexibility became one of their biggest lessons.

Building for the Future

Next, they focused on their own family home. Selling their Sydney penthouse, they bought a property in Perth and cleverly split it—turning the front into an Airbnb to cover the mortgage. “We’re building freedom,” Alice said.

The best part? More time with their kids. Their son drew pictures of four houses — one for each family member. Their daughter sketched their happy family. “Our kids know why we’re doing this,” Alice shared. It wasn’t just about money; it was about lifestyle, family, and choice.

From Ordinary to Extraordinary

Over five years, Alice and David built a $3.6 million property portfolio with $267,000 annual cash flow. From negative gearing and daycare bills to financial freedom, their story is proof that ordinary people can achieve extraordinary things.

Their biggest secret? Persistence, learning from mistakes, and having heart. They give each new NDIS tenant a month’s rent as a gift to furnish their home, it’s a gesture they repeat every year. “It’s just our way of giving back,” Alice said.

For anyone wondering if they can do it too, Alice’s message is simple: “Take the first step. Make mistakes. Keep going. And remember – you’re not alone. There’s a whole community here to help you.”

Alice and David’s story shows what’s possible with courage, community, and determination. From struggling parents in Sydney to changemakers building homes and changing lives—they’ve proven that dreams really can come true.

“Take the first step. Make mistakes. Keep going. And remember – you’re not alone. There’s a whole community here to help you.”

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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.

“Sometimes, letting go is the smartest move you can make.”

Results

PRE-ILRE

PPR
Value: $0
Equity: $0
Cashflow: $0

All Investment Properties
Value: $1,530,000
Equity: $493,000
Cashflow: -$39,896 pa

SMSF
Value: $000,000
Equity: $00,000

Total
Value: $1,530,000
Equity: $493,000
Cashflow: -$39,896 pa (negative)


POST-ILRE

PPR
Value: $1,700,000
Equity: $1,335,000
Cashflow: $0

Investment Property 1
Value: $890,000
Equity: $396,0000
Cashflow: +$23,054 pa

Investment Property 2
Value: $2,420,000
Equity: $1,180,000
Cashflow: +$139,215 pa

Investment Property 3
Value: $1,300,000
Equity: $520,000
Cashflow: + $104,786 pa

Savings
Value: $200,850
Equity: $200,850

SMSF
Value: $298,000
Equity: $298,000

Total
Value: $6,510,850
Equity: $3,929,850
Cashflow: $267,055 pa