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.
For 30 days and 30 nights, young Vu and his parents sailed the open sea on a fishing boat.
They were fleeing persecution in Vietnam, but they were soon faced with brand new challenges. While at the mercy of the unrelenting sea, they ran out of food. They ran out of water. And they had to watch some of their companions pass away from hunger, thirst, or sickness.
But against all odds, the whole family made it to Hong Kong. That’s where they spent a year in refugee camps while waiting for their asylum application to get accepted.
Eventually, they were invited to live as refugees in four countries: Australia, France, Canada, and the USA.
Australia caught the eye of Vu’s dad simply because of all the nice beaches. And little did he know, it was a winning choice that would change the course of Vu’s life forever.
After all, it was in Sydney where Vu found I Love Real Estate (ILRE) decades later. With the help of Dymphna Boholt, Vu was able to build a multi-million-dollar property portfolio.
A portfolio that has already secured the future of Vu, his wife, and two daughters.
A portfolio that has allowed Vu to give back to his parents for all their sacrifices.
A portfolio that has turned his life around just after doing just three deals.
Prior to joining ILRE, Vu had already invested in a three-bedroom house.
But even after adding a granny flat to it in 2013, his cash flow just amounted to no more than $9,000.
It wasn’t bad… but Vu knew he could do a lot better.
Vu bought another property using the equity that had been built up from that first deal. Initially, his plan was just to pay this investment off over time.
But the truth is that that plan would have put him in debt for the next 30 years had he not worked with Dymphna.
“I’m very grateful to be in a community that taught me strategies, goal-setting practices, and visualization exercises to dramatically change my result,”
You see, Dymphna helped Vu map out a plan to just keep the front house and use the lot in the back to build five townhouses. And the initial plan was to keep all five townhouses… But the ILRE community had bigger plans for Vu.
After brainstorming with the team, Vu decided to sell three of the townhouses for an impressive net profit of $962,000.
Meanwhile, the remaining three properties, which included the freshly renovated front house, created a $32,000 annual cash flow for Vu.
Because of the dramatic financial results from this deal Vu’s wife, Vivian, no longer had to work and could just spend her time taking care of their daughters.
With the connections Vu built from doing deal number two, he was able to secure a nearby site very quickly and the results are projected to be even more impressive than his previous deal!
After purchasing a house and lot for $610,000, Vu is now building six more townhouses in the lot at the back of the front house.
Local agents are projecting that Vu would be raking in $1.2 million net profit and a $74,000 annual cash flow from this deal.
And for now, the plan is to hold on to these properties for as long as he can.
“But I’m always open to changes,” said Vu. “If a different site comes up and we need the funds to double down accordingly, we will.”
For the foreseeable future, though, Vu is looking at a property portfolio worth $2.5 million, from just $374,000 before joining ILRE.
Even better, his initial passive income of $9,000 would go up to $114,000 once this third deal is finished.
Looking at everything he’s achieved in the past couple of years, Vu couldn’t be more thankful about taking the leap with ILRE.
“Looking back in 2018 where I first attended an ILRE conference, I felt quite overwhelmed seeing the results from some of Dymphna’s students,” admitted Vu. “Luckily, I didn’t let that feeling stop me.”
Instead, Vu challenged himself to achieve even just a small part of what other ILRE students have achieved.
And Vu’s courage was rewarded with education, proper guidance, and a portfolio that has his family secured for life.
As a young child who fled Vietnam and ended up in a foreign country with a language that his parents didn’t even speak… there weren’t many doors that opened up easily for Vu.
Still, he took the leap of faith with ILRE.
And that decision has allowed Vu to extend help to kids who were just like him.
With the money he’s earning from real estate investing, Vu is now helping Vietnamese orphans pay for school. He hopes that by giving unfortunate Vietnamese kids access to education… they’ll be able to escape the poverty cycle much, much faster than he did.
Down the road, Vu is counting on real estate and ILRE to help him ensure that his wife will never have to work again. And that their daughters will never get to experience the hardships Vu experienced in his time.
“Thank you, ILRE, for reducing my family’s debt sentence.”
Discover how you can create a new and exciting life with our unique real estate system to create passive income forever.
Schedule your exclusive, personal Property Genius Blueprint Call today and create a customised plan to potentially never worry about money ever again.
Book Your FREE Blueprint Call Here
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.
“Thank you, ILRE, for reducing my family’s debt sentence.”
3 BR HOUSE + GRANNY FLAT
Value: $950,000
Loan: $576,000
Equity: $374,000
Cashflow: $9,000
4 BR HOUSE + 3x TOWNHOUSES
Est Value: $2,100,000
Loan: $1,138,000
Equity: $962,000
Cashflow: $32,000
4 BEDROOM HOUSE
Value: $600,000
Loan: $552,000
Equity: $48,000
Cashflow: -$500
6x 3 BR TOWNHOUSES
Value: $3,600,000
Loan: $2,400,000
Equity: $1,200,000
Est Cashflow: $74,000