Getting 4 Incomes From One Property (On The Road Ep1)
ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\n\n\n\n\n\n\n\n\n{"@context":"http:\\/\\/schema.org\\/","@id":"https:\\/\\/onproperty.com.au\\/4-incomes-1-property\\/#arve-youtube-rqbn5m_v3to","type":"VideoObject","embedURL":"https:\\/\\/www.youtube-nocookie.com\\/embed\\/RQbn5M_v3to?iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\n\n\n\n\n\nIn this new series "On The Road" I take you to look at a unique property that will deliver the investor 4 separate incomes.\nTranscription:\nThere's some amazing investment opportunities out there. If you're just willing to look hard for them. In this episode, I'm going to show you one unique property that will actually deliver the investor four separate incomes once all the work is done on it. Hi, I'm Ryan from onproperty.com.au Helping you achieve financial freedom and welcome to my on the road series, a brand new series that I'm doing where I hit the road with a buyers agency team from pumped on property. I went on the road with Simon, with Adam, with Kristal, the full team minus band. And we went down to Brisbane and looked at a bunch of properties down there. Some of those properties were properties that have already been bought for clients. A bunch of them were new properties that they were looking for, clients who were trying to buy.\n\nAnd we basically walked through some of these and talk about the different opportunities that are out there. And this will just give you an epic insight into the fact that yes, there's still investment opportunities out there despite what's happening in Sydney and Melbourne. There's a lot of opportunity in Brisbane and it was a really fun day. We started the day with our double shot coffees, which is how we should start every day. I'm already had my double shot today and I'm now on the v while I do some editing, but we had a great day driving down. Let's jump into this first property that we looked at where we, we're doing a presettlement inspection and Simon's gonna talk us through the opportunity and it's just gonna explode your mind. Hey guys, Ryan here from on property. I'm on the road say with Simon as well as Kristal and Ads. We are just currently at one of the properties doing a pre purchase inspection, pre settlement inspection.\n\nYeah, just making sure that everything is, is aok before settling on the property. There was a few things that came up in the building and pest inspection that we wanted to get sorted. So just making sure that those things are tested, but glad that we could get through this one today on camera because it's actually a really great opportunity for our clients. So he actually only purchased it for $650,000 in a beautiful part of Brisbane, only about 12 kilometers from the CBD. He actually picked it up for 650 grand and this one's on a massive 810 square metre block and it's actually already on two titles so we can subdivide it and put two different buildings on this block. So really good opportunity. Let's go for a bit of a walk through that. Yeah,\n\ndefinitely. So how do you find that out? That it was on two separate titles? Um, it was just advertised like that,\n\nthe advertisement. So the real estate agent had to tell us that one. All right, you lead the way. Where are we going? Let's get it through the house. Alright, cool. So as most houses in Queensland or Brisbane in particular, this is a raised house and semi built in underneath, so unfortunately isn't legal height, so you can't legally count the bedrooms and bathrooms and the kitchens down yet. But that's kind of normal up here. So when they all deal with like 30 40 years ago, they didn't actually raise them to a legal height where you could count this living space, kitchens and stuff down here, which is a bit of a bummer because they're only about less than 10 centimeters off being legal height and you still can't claim it, but sometimes you can raise them and build them in underneath and that can be a re...