Aman and Charu, from migrant backgrounds, partnered with InvestorKit in 2020 and now hold a $10 million property portfolio, including two properties they owned beforehand. Despite market challenges, they strategically diversified across Australia, achieving significant growth on their purchases. Now, they are expanding into commercial investments with plans to reach $20 million in the next five years.
The Clients
Both Aman and Charu come from migrant backgrounds. Aman’s business (https://jics.com.au) not only assists fellow migrants in securing their dream jobs and obtaining various visas but also plays a pivotal role in fostering entrepreneurship within Australia’s migrant community.
In 2020, Aman and Charu partnered up with the InvestorKit team, defying the prevailing sentiment that it wasn’t the right time to invest. Aman was driven by a clear goal: to reach $10 million in residential properties fast, leveraging the power of compounding.
Our Strategy
Working closely with the InvestorKit team, they devised a strategy to diversify a multi-property portfolio across four states before transitioning to commercial properties.
As always tailoring our scaling formula and research to each individual’s preferences was the next step.
Aman and Charu whilst having ambitious goals wanted to find the tipping point of asset pricing before yields faded away. Largely due to them feeling less can be more.
As time-poor individuals they didn’t want to have 20+ properties to manage to get to the same goal.
So we found a sweet spot in suburb selection, properties with unique factors that allowed for high rents even at higher prices, all whilst being in growing locations and diversifying their assets. Irrespective of changing environments, lockdowns, and rising interest rates.
Aman and Charu stayed focused on their plan. A rare habit amongst investors with so many macro things evolving.
Inside the portfolio
Property by property.
First purchase in South Australia has grown 72%
Purchase Price: $590,000
Purchase Date: 2020
Estimated Valuation 2024: $885,000
Second purchase in Queensland has grown 30%
Purchase Price: $1,175,000
Purchase Date: 2021
Estimated Valuation 2024: $1,650,000
Third purchase in Queensland has grown 39%
Purchase Price: $860,000
Purchase Date: 2021
Estimated Valuation 2024: $1,300,000
The Results and Future Plans
If you add in their two properties before partnering up with InvestorKit this means we have achieved Aman’s first goal of $10 million in property! Real results.
As with all our valued clients, it’s not over when a property is purchased, it’s over when you’ve achieved your financial goals. Aman and Charu are now transitioning to 2 more purchases with InvestorKit (SMSF commercial and an outside SMSF commercial acquisition).
Their goals are to take the portfolio to $20m over the next 5 years through these two acquisitions and the growth compounding across the current assets.
