Growing up on a property where he rode motorbikes and explored the outdoors, he envisioned a similar life for his children. He wanted to raise them on a spacious property, away from the confines of a housing estate.
The journey began when Gary attended several I Love Real Estate (ILRE) one-day events. Initially skeptical, he soon realised the immense potential and authenticity of the program.
This led him to join I Love Real Estate and embark on a transformative journey.
At the time of joining ILRE, Gary and his family lived in a modest house with minimal equity and some toys financed by leveraging their home. Gary worked as a fitter and was studying to become a mechanical engineer to improve his income and serviceability for future investments.
Despite the challenges, he was determined to make a change.
His first major step was purchasing a piece of land for $570,000, significantly below the asking price, with a delayed settlement.
To make ends meet, Gary and his family lived in a shed they built on the property for nearly six years.
This unconventional living arrangement allowed them to save money and focus on their real estate projects.
Their first project was a renovation, subdivision, and new build, which involved renovating an older house and building a new one on the subdivided land.
Despite facing numerous challenges, including stringent lending rules, Gary secured private funding and completed the project with a net profit of $256,000.
Buoyed by their initial success, Gary and his team took on more ambitious projects.
They completed a three-townhouse development, generating a $300,000 profit.
They then designed and built their dream home, a process that took two years and was featured in a magazine.
This home, built on the property they initially purchased, significantly increased in value, with a current valuation of $4 million.
To manage the growing number of projects, Gary brought in joint venture (JV) partners, including family and friends.
One notable project was a six-lot subdivision that generated $773,000 in profits.
Another involved demolishing an old house and building three townhouses across from the water, projected to yield $530,000 in profits.
To handle the increasing workload, Gary hired a project manager, his cousin Dan, who brought valuable expertise to the team.
Gary’s journey wasn’t just about financial success.
He focused on personal growth, understanding that his mindset needed to grow alongside his wealth.
Inspired by his experiences and mentors, Gary and his family decided to give back.
They donated $28,000 to RAW Impact over the past few years and pledged to donate $5,000 after every development project.
Looking ahead, Gary is committed to scaling his business even further. He attended an elite program who encouraged him to 10x his business.
This led to the purchase of a helicopter and the development of new office space to accommodate their expanding team.
Gary and his wife, Camilla, who has been instrumental in the business, are also planning to build a holiday house with a helicopter pad, allowing them to balance work and personal life seamlessly.
Gary’s story is a testament to the power of dreams, determination, and hard work.
From living in a shed to managing multi-million dollar projects, his journey showcases the transformative potential of real estate investment.
By sharing his experiences, Gary hopes to inspire others to pursue their dreams, embrace personal growth, and create a life they are proud of.
His journey with ILRE has not only transformed his financial situation but also enriched his personal life, proving that with the right mindset and support, anything is possible.
“Fast forward seven years later. We’re running a multimillion dollar business, we’ve got 31 houses under design and construction and $27 million worth of builds on the construction site.”
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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.
“If you apply yourself and change your mindset you can achieve the goals that you want to “
PRE-ILRE
PPR
Value: $470,000
Equity: $47,000
Boat
Value: $100,000
Equity: $80,000
Total
Value: $570,000
Equity: $127,000
POST-ILRE
Reno, Sub Build
Value: $1,335,000
Profit Gain: $299,000
Pre-approved 3
Value: $1,800,000
Profit Gain: $300,000
Freestanding Torrens
Value: $2,680,000
Profit Gain: $869,000
New PPR Build
Value: $4,000,000
Profit Gain: $2,030,000
Consolidation & Build 6
Value: $4,048,000
Profit Gain: $773,000
3 Across Road From Water
Value: $2,780,000
Profit Gain: $530,000
12 Town Houses
Value: $9,190,000
Profit Gain: $2,200,000
4 High End Build
Value: $5,800,000
Profit Gain: $1,530,000
Socioeconomic Shift
Value: $3,580,000
Profit Gain: $680,000
Project Managers Build
Value: $1,900,000
Profit Gain: –
Clear Skies Ahead Office
Value: $700,000
Profit Gain: Endless
4 Town Houses
Value: $3,400,000
Profit Gain: $750,000
Total Values & Profit Gains
Value: $41,213,000
Profit Gain: $9,979,000