NATASHA & ZANE

How a young mum became a full-time property investor … and brought her family home to Australia.

For seven years Natasha had been living in Indonesia, as her husband, Zane, worked long shifts on the mines. When the air pollution in Jakarta put her youngest son in hospital with breathing disorders, she knew she had to get her family back to Australia.

In her early forays into property, Natasha had made some classic mistakes. She and her husband had over-capitalised on their principal place of residence (PPR) and they had bitten off more than they could chew with a six-unit apartment block. This put her family into what she describes as a ‘deep hole’.

One day, Natasha tuned into one of Dymphna Boholt’s webinars from her bedroom in Indonesia and she quickly realised that there were smarter ways to be a property investor. Plus, Dymphna’s students’ success stories rekindled her long-held passion for property.

Zane, however, needed some convincing. They lost a lot of money on their previous investments and were struggling financially. It was a case of once bitten, twice shy. Natasha also had her step-dad’s voice in her ears, telling her that property development was “no place for a woman.”

Natasha had to dig deep and believe in herself. Fast-forward three years and her self-belief has paid off.

With the support of the I Love Real Estate community, Natasha is working on a deal that could potentially deliver a profit of $2.7M. More importantly, Natasha’s property investing has given her financial freedom and allowed her to bring her husband and three sons home to Australia.

This is how she did it.

“My step-dad was a developer. He always told that women just don’t do that. He was old school.”

Deal 1: Doing the Ground Work

Natasha knew that she had to sort out her PPR, which was being rented out at the time. First, she sacked the real estate agents and decided to manage the property herself.

Then Natasha renovated to increase the rental yield. The property is now neutrally geared but Natasha plans to sell and free up money for other ventures.

Deal 2: Get reliable tenants

In 2016, Natasha bought an investment property online, without seeing it in real life. The real estate agent who sold the house had recently put tenants in who couldn’t afford the rent and were selling drugs out of the garage. By the time the property settled, the tenants hadn’t paid rent in a month.

Natasha’s first step was to find some reliable tenants. She’d been inspired by some of Dymphna’s students’ success stories and decided to renovate and turn the property into a room-by-room rental.

The property is fully tenanted and brings in $810 per week. Natasha finally had an investment property that was putting money in their pocket and her husband was happy about it.

Deal 3: Renovate an original 1970s house

With renewed confidence, Natasha bought a property that hadn’t been renovated since it was built in the 1970s. Again, she bought it without seeing the site. She spent $90,000 on renovations and increased the property’s value by $140,000, with an equity gain of $50,000.

When she consulted a real estate agent, Natasha was told she could only get $300 per week for it. That wasn’t going to cut it, so she turned it into an Airbnb rental.

Now, the property earns Natasha close to $30,000 a year, putting more than $17,000 worth of positive cash flow in her pocket.

“I told my hubby, ‘I’ve got this great idea. I’m going to spend the last $10,000 we’ve got and turn it into an Airbnb rental.’ And he’s like, ‘Oh my God.’”

Deal 4: A Quick Profit Turnaround

Natasha decided to buy yet another property online, without seeing the site. She knew what she was looking for and found a dual-lot, single title property in Townsville. With a small renovation and boundary realignment, Natasha created two blocks. After advertising one as a rent to own deal, she was able to sell on vendor finance. The final sale price was $450,000, which turned around a quick $165,000 profit.

Deal 5: Stepping into property management

Natasha quickly realised that she had a gift for managing projects, and since her last Airbnb had gone so well, she started looking for a co-hosting deal, where she could do day-to-day management on someone else’s property. She found one in Perth earns more than $6,000 a year in management fees.

A Professional Property Investor is Born

With Natasha’s property portfolio performing so well, her husband Zane has finally come around and has even started hunting for deals. Now, their three boys are getting in on the action!

Most importantly, Natasha built a career for herself while living in Indonesia. For the first time in a long time, Natasha and Zane are able to see themselves and their family back home in Australia.

“I did all of this online. Everything you need is there – the training, the resources, an amazing and supportive community. If I can do it anyone can.”

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.

Natasha built a career for herself while living in Indonesia.

CURRENT CASHFLOW PER ANNUM

PPR
Pre Dymphna: -$6831
Post-Dymphna: Even

Property 2
Pre Dymphna: -$10,098
Post-Dymphna: +$13,936

Property 3
Pre Dymphna: –
Post-Dymphna: +$17,140

Property 4
Pre-Dymphna: –
Post-Dymphna: +$27,824

TOTAL
Pre-Dymphna: -$16,929
Post-Dymphna: +$65,731