Tabitha and Thanh both grew up in Bundaberg and were childhood friends. Eventually, they developed romantic feelings for each other and became a very happy couple that’s been together for 14 years.

The two of them love fishing and the outdoors. And they both worked as mechanical fitters in the mining industry.

Because they were doing DIDO (Drive-In Drive-Out) mining work, that meant both of them were constantly away for months. The work was also exhausting, burdensome, and, at times, dangerous.

And soon enough, they realised that their bodies wouldn’t be able to do that kind of work forever. So, they needed to find alternative income streams in the future. At the same time, they wanted to retire early and spend more time with their family.

It’s because of these reasons that they got into property.

Luckily, they complemented each other perfectly even in this regard. Thanh was a people person and had the gift of getting clients and closing deals. On the other hand, Tabitha was a numbers person, so she meticulously calculated every step to ensure their profitability.

With this natural acumen, Tabitha and Thanh acquired eight investment properties and made successful deals.
…But not all of them were perfect. And they couldn’t make much profit.

To be precise, they made $10,175 per annum on all of their properties combined, with a total value of $1,637,000.

That wasn’t enough to sustain their property investing journey.

The couple always had to work and save for months on end just to get enough money for their next property deal. They also made dangerous mistakes, like always buying all their properties in their own names and all with the same bank.

That was a risky move that, thankfully, didn’t lead to disaster.

Recognising all of these problems, they decided to enlist the service of Dymphna through ILRE. They realised that even though they had a natural knack for property investing, getting professional help would enable them to reach greater heights.

After joining a few boot camps and taking Dymphna’s advice, Tabitha and Thanh learned all the mistakes they made while investing in properties on their own. And they also discovered all the opportunities they missed.
With their newfound knowledge…

The couple decided to pounce on the market like a tiger and incorporate everything they learned into new deals!

The New Approach to Buying Properties After Meeting Dymphna

After Tabitha and Thanh attended ILRE boot camps and conferences, things became much clearer for them. And they were now equipped with the proper knowledge to conquer the real estate market.

Their first deal was a cosmetic renovation flip in a regional area.

Tabitha and Thanh got this deal in 2020, just a month after joining ILRE. They were still working as mechanical fitters and were away most of the time. That meant they were only able to work on the property during the weekends.

It wasn’t easy for them.

They used the home as their PPR. And to complete the reno, they slept in a swag outside and had to take cold showers late at night in the backyard.

But despite all the challenges, Tabitha and Thanh were set on making this work. So much so that they incorporated new concepts, like styling and staging. The couple wanted to ensure that they sell at the property’s maximum value.

From this deal, the couple was able to make a profit of $82,209. It was a lot more money than the pair made from their first deal.

…And with it came the realisation that things were getting serious.

They then bought a trailer so they finally won’t have to sleep in swag. More importantly… They could have hot showers inside it!

Tabitha and Tranh continued to enjoy the same level of success in their following deals. In particular, they found their winning strategy in low-cost regional flips. They profited $67,445 from their second deal. On their third deal, they decided to rent out the property to tenants, but they projected a profit of $73,000 once they decide to sell it.

Tabitha and Tranh were satisfied with those results… But it wasn’t enough for them. And what happened next is what pushed them to go full throttle with property investing.

Helping Out the Parents

The couple’s fourth deal was Tranh’s family home. His parents were running a farm, but they went bankrupt because of bad weather and other unfortunate events. So, in 2015, Tranh’s parents went to them and asked them to buy the house.

That’s what they did. And they worked on the house until 2021.

In particular, the house was renovated, revalued, and a second house was built on the land. Tabitha and Tranh also painted the inside and outside of the house, ensuring that the Trans could live their elder years in luxury.

Currently, Tabitha and Tranh get paid half-rent with all expenses paid for the property.

…But their goal is to make it rent-free for Tranh’s parents.

Tabitha and Tranh spent $720,000 on the work done on the property and garnered a combined value of $900,000. That’s an uplift of $120,000 and a total cash flow of $19,974.

With this experience, the couple finally found the true value of real estate. They realised that it’s not only a way to make money but also a way to help people they love.

It was also the deal that made the couple finally decide to go full-time with property investing.

Their fifth deal was a quick three-week renovate and flip that earned $119,000, and Tabitha and Tran took home $70,000.

For the sixth deal, it was another renovate and flip. They helped out their electrician friend and got a share of $20,000.

As for the seventh deal, they bought a valuable piece of land they stumbled upon on the Facebook marketplace and made a quick $108,000 profit.

And their eight deal?

It was to help Tabitha’s parents sell the family home. The property was a 5-acre block bought by Tabitha’s dad 28 years ago for $13,000. But at that point, her parents decided it was becoming too hard for them to deal with the upkeep of the property.

Not to mention it’s time for them to enjoy life.

So, Tabitha and Tranh renovated the home, which raised the property’s selling price from $425,000 to $640,000. And by selling the house for such a great price, Tabitha’s parents could finally enjoy retirement.

Continued Growth and New Ventures

All’s well that ends well, as the childhood sweethearts-turned-business partners continued their property investing success.

They began earning more from their deals and even expanded to metro areas. And right now, Tabitha and Tranh plan on setting up Airbnbs to gain more passive income while the land value generates.

In their two-year journey with ILRE, they made significant strides in their newfound careers as property investors.

Even better?

They made a lot of profit and are now able to live the life they want!

See, before meeting Dymphna, their total properties were valued at $1,512,000…

They had an equity of $422,846…

And a positive cash flow of $10,175.

But after meeting Dymphna, guess what?

Their properties were now valued at $3,545,000 in total…

They have an equity of $2,321,000…

And a cash flow of $63,996!

As Tranh put it:

“Now that we don’t have to go working away, we have spent a lot more time with our family. Life is just better. Working at the mine was very heavy and dangerous. Now, we are a lot happier and safer.”

By becoming property investors, Tabitha and Tranh achieved their goal of quitting the mining industry in five years. They also have more time to spend with each other. And they were able to gain the freedom to choose what to do next.

Additionally, they were able to get the correct structuring and got a consultancy trust set up. They also learned a ton of investment knowledge and found a great community of real estate investors that gave them valuable insights and support.

Tabitha and Tranh were able to turn their natural aptitude into a business empire with Dymphna’s help. Joining ILRE gave them the proper tools and network to achieve their dreams and grow as people.
But most importantly…

They were able to help out the people they loved most: their family.

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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.

“Now that we don’t have to go working away, we have spent a lot more time with our family. Life is just better. Working at the mine was very heavy and dangerous. Now, we are a lot happier and safer.”